Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

157 N Las Palmas Avenue

Los Angeles, CA, 90004

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$4,695,000

MLS: 26656465

Beds

5

Baths

5

Sq Ft

4,519

Lot

0.31 ac

Year Built

1926

MLS #

26656465

Days on Market

15

Listed

Feb 26, 2026

Description

Location! Location! Location! Beautifully situated mid block, 157 North Las Palmas is a stunning English estate and is Hancock Park's finest! Enter into a two-story foyer with a flawless center-hall floor plan. To the south is a formal living room and reading nook with French doors opening to sparkling pool and lush gardens. To the right is palatial dinning room, with large kitchen, pantry and charming breakfast room. To the north is a paneled library, office/maids/gym and back stairs with access to side covered car porte and door. Upstairs has a grand primary suite complete with NEW primary bathroom, closets and dressing room. Upstairs also has 3 other spacious bedrooms and 2 bathrooms. The three-car garage and tool room is separate from the house and is a rarity in todays world. 157 North Las Palmas has updated systems, updated pool system, updated foundation and 2 remodeled upstairs bathrooms! Las Palmas is an ELEGANT house!

Location

Los Angeles, Los Angeles County, CA 90004

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Listed by: Elizabeth Malloy · The Agency

Payment estimate

$32,913

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $469,500 · Loan: $4,225,500

%
Principal & Interest
$25,962
Property tax (1.25%)
$4,891
Homeowners insurance
$300
Mortgage insurance
$1,761
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $164,325 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.

Local Market Stats

See Los Angeles, CA 90004 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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