$1,950,000
Original list price: $1,900,000
MLS: 26786391
Beds
4
Baths
2
Sq Ft
1,402
Lot
0.16 ac
Year Built
1923
MLS #
26786391
Days on Market
177
Listed
Apr 23, 2026
Description
Equity-Builder Spanish Charmer | ADU & Investment Potential in Mid-City Los Angeles. Excited to present 1622 S Spaulding Avea rare combination of historic character and development upside in Mid-City Los Angeles. The 7,068 sq ft lot is perfect for investors seeking ADU income or end-users envisioning a personal resort. Four bedrooms, two baths, original 1923 details, and a finished garage poised for conversion. Know someone looking to build equity in a prime LA location? Let's connect for a tour! Set on an exceptionally deep 7,068-sq-ft lot, this storybook 1923 Spanish unlocks the outdoor potential Angelenos crave flat, sun-drenched grounds ready for a resort-worthy pool, lush gardens, or a revenue-producing ADU with its own gate and alley access. Beyond the arched, bougainvillea-framed porch, a radiant living room with barrel ceiling, original fireplace, and hardwood floors flows into a skylit dining room and updated stainless kitchen that peers out to towering palms. Four restful bedrooms (including an oversized primary with dual closets) are served by two vintage-tile baths, offering move-in comfort plus blank-canvas upside. French doors open to an expansive yard where kids, pets, and parties can roam beneath mature citrus; the finished garage already functions as office, studio, or future guest house. Tucked on a Miracle Mile street minutes to the Metro, LACMA, and Pico dining, this property is equal parts charm and opportunity. Tour today before visionaries scoop it up.
Location
Los Angeles, Los Angeles County, CA 90019
Open on Google Maps ↗Listed by: Anolan Dragitsch · Nest Seekers
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
$15,214
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $195,000 · Loan: $1,755,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $12,151
- Property tax (1.25%)
- $2,031
- Homeowners insurance
- $300
- Mortgage insurance
- $731
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $68,250 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
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