1607 W 85th Street
Los Angeles, CA, 90047
$949,000
MLS: 26670527
Beds
3
Baths
3
Sq Ft
1,823
Lot
0.11 ac
Year Built
1929
MLS #
26670527
Days on Market
22
Listed
Mar 30, 2026
Description
Fully remodeled Spanish-style home with ADU offering flexibility and income potential. Front home features 2 beds, 2 baths (approx. 1,373 sq ft) with open-concept living, wide-plank flooring, and updated kitchen with modern cabinetry, sleek countertops, and designer backsplash (remodeled 2023). Attached 1 bed, 1 bath ADU (approx. 450 sq ft), completed Aug 2025, with private entrance ideal for extended family or rental use. Property is fully furnished and has been utilized as an investment property. Flexible setup for owner-user, multi-generational living, or leasing both units separately at market rents as delivered vacant. Conveniently located approx. 2.4 miles to SoFi Stadium, 4.7 miles to BMO Stadium, and 8.8 miles to LAX. Move-in ready with strong income potential.
Location
Los Angeles, Los Angeles County, CA 90047
Open on Google Maps ↗Listed by: Rachelle Tan · LPT Realty, Inc
Payment estimate
$6,892
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $94,900 · Loan: $854,100
- Principal & Interest
- $5,248
- Property tax (1.25%)
- $989
- Homeowners insurance
- $300
- Mortgage insurance
- $356
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 $33,215 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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