$1,527,000
Original list price: $1,698,000
MLS: OC26112727
Beds
3
Baths
2
Sq Ft
1,222
Lot
0.13 ac
Year Built
1939
MLS #
OC26112727
Days on Market
150
Listed
May 23, 2026
Description
Rare opportunity to acquire a prime piece of real estate in the highly sought-after 90025 zip code. Situated on a spacious, flat 5,799 sq. ft. lot, this LAR1-zoned property offers endless potential for a massive value-add renovation, an expansive addition, or a complete ground-up custom rebuild. With new construction and luxury fully renovated homes in the immediate neighborhood commanding premium prices—frequently selling between $2.5M and upwards of $3.8M—the After Repair Value (ARV) and return on investment potential here is exceptional. Capitalize on California's ADU laws to maximize the footprint, or design a luxury single-family compound (buyer to verify all zoning, building, and ADU regulations with the city). Lovely 3 bedroom 2 bath 1939 cottage with beautiful refinished hard floors and a spacious yard with delicious orange and lemon trees. Living room with fireplace, kitchen, formal dining room, inside laundry area, three bedrooms and two bathrooms, one with tub and shower and another with shower. Kitchen and bathrooms were recently remodeled. Fresh paint throughout. Two car detached garage and additional parking in long driveway. This house has its own private grass filled yard, which is fenced and perfect for your pet. The home can easily be lived in or rented out to generate carrying income while you finalize your architectural plans and pull permits with the city. Nestled on a quiet, tree-lined street, this property boasts a phenomenal Walk Score. You are just steps away from local grocery stores and the world-class dining of Sawtelle Japantown. Commuting is a breeze with close proximity to the Expo Line, the 405 and 10 freeways, UCLA, Santa Monica College and the tech hubs of Silicon Beach. Bike ride to Santa Monica Beach.
Location
Los Angeles, Los Angeles County, CA 90025
Open on Google Maps ↗Listed by: Yelena Vakulenko · Realty Network
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
$11,979
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $152,700 · Loan: $1,374,300
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,515
- Property tax (1.25%)
- $1,591
- Homeowners insurance
- $300
- Mortgage insurance
- $573
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 $53,445 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 90025 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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