1554 W 207th Street
Los Angeles, CA, 90501
$850,000
MLS: PV26097965
Beds
3
Baths
2
Sq Ft
1,415
Lot
0.17 ac
Year Built
1953
MLS #
PV26097965
Days on Market
33
Listed
May 14, 2026
Description
FIRST TIME ON THE MARKET AND A RARE OPPORTUNITY FOR AN INVESTOR TO BUILD 4 UNITS ON THIS LARGE 7500 SQFT LOT. HOME IS A THREE BEDROOM AND TWO BATHROOM HOME THAT NEEDS TLC AND UPDATING. THIS NEIGHBORHOOD AND ALMOST ALL OF THE LARGE LOTS HAVE BEEN TRANSITIONING OVER TIME INTO MULTI UNITS AND CONDOS. BUILT IN 1953, THE HOME WAS EXPANDED BY USING THE ORIGINAL ATTACHED TWO CAR GARAGE AND CREATING A FAMILY ROOM AND LARGE STONE FIREPLACE. THERE ARE THREE NICE SIZE BEDROOMS AND TWO PREVIOUSLY UPDATED BATHROOMS. KITCHEN IS OPEN TO THE FRONT LIVING AREA AND WAS CARPETED OVER HARDWOOD FLOORS ALL OF WHICH NEED REFINISHING. THERE IS A BIG LAUNDRY ROOM AND STORAGE CLOSETS. OUTSIDE THE OWNERS BUILT A NEW TWO CAR GARAGE AND ATTACHED IT TO THE HOME WITH A CARPORT/BREEZEWAY. TONS OF CONCRETE PARKING AREAS AND A STORAGE SHED.ALL OF THE ADDITIONS AND CHANGES WERE COMPLETED WITH PERMITS. MUST SEE TO APPRECIATE THE POTENTIAL!
Location
Los Angeles, Los Angeles County, CA 90501
Open on Google Maps ↗Listed by: Leslie Stetson · Berkshire Hathaway HomeService
Payment estimate
$6,350
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,845
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $29,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Torrance, CA 90501 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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