$472,500
MLS: 25547989
Beds
3
Baths
1
Sq Ft
1,170
Lot
0.18 ac
Year Built
1920
MLS #
25547989
Days on Market
29
Listed
Jul 17, 2025
Description
* * Court Confirmation is set for 9/25/2025 at 8:30 AM in Probate Department 5 at 111 North Hill Street, Los Angeles, CA 90012. The minimum overbid shall be $475,625. Qualified overbidders must bring a cashier's check for 10% of the total purchase price made payable to "Downey Escrow Company" along with proof of funds and entity documents, if applicable. ** INVESTOR DELIGHT! 1920s California Bungalow on a deep, gated lot offers serious upside for a savvy builder or flipper. Interior is gutted with lath-and-plaster exposed, missing porch decking, and no functional kitchen or bathroom. Ideal blank canvas to reimagine modern floor-plan/ADU potential (buyer to verify zoning & permits). Long driveway accommodates multiple cars, work trucks or an RV, and the expansive rear yard is dotted with mature shade trees. Minutes to Earvin "Magic" Johnson Park, Metro A-Line, Watts Towers Arts Center, 105 & 110 fwys, local schools, and everyday shopping. Probate sale. sold strictly AS-IS; Bring your contractor and unlock the value!
Location
Los Angeles, Los Angeles County, CA 90059
Open on Google Maps ↗Listed by: Scott Greenberg · Equity Union
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,699
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $47,250 · Loan: $425,250
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,730
- Property tax (1.25%)
- $492
- Homeowners insurance
- $300
- Mortgage insurance
- $177
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 Aug 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
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 $16,538 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 Los Angeles, CA 90059 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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