$1,050,000
Original list price: $1,095,000
MLS: SB26011612
Beds
3
Baths
1
Sq Ft
1,263
Lot
0.21 ac
Year Built
1926
MLS #
SB26011612
Days on Market
136
Listed
Jan 19, 2026
Description
Prime Development Opportunity – Mid-City / West Adams Attention developers and investors: 1614 S Highland Avenue offers a 9,294 sq ft flat lot in the heart of Mid-City / West Adams, one of Los Angeles’ fastest-growing neighborhoods. Zoned LARD1.5, the property presents strong multi-unit development potential, with possible density increases through affordable housing incentives. Located within an Opportunity Zone and potentially eligible for the Citywide Initiative Program, this site may offer added tax and development advantages. The existing structure is likely not financeable, making this an ideal redevelopment opportunity. Surrounded by recent projects and close to major employment centers, transit, dining, and retail, the location supports strong long-term rental demand and continued appreciation. Buyer and buyer’s agent to verify all zoning, permits, lot size, incentives, development potential, and conduct all due diligence.
Location
Los Angeles, Los Angeles County, CA 90019
Open on Google Maps ↗Listed by: Carol Fisher · Berkshire Hathaway HomeServices California Properties
Payment estimate
$7,773
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $105,000 · Loan: $945,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,985
- Property tax (1.25%)
- $1,094
- Homeowners insurance
- $300
- Mortgage insurance
- $394
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 $36,750 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 Los Angeles, CA 90019 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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