Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

178 N Mariposa Avenue

Los Angeles, CA, 90004

1 / 7View all 7 photos

$1,200,000

MLS: 26671543

Beds

3

Baths

2

Sq Ft

1,608

Lot

0.14 ac

Year Built

1910

MLS #

26671543

Days on Market

16

Listed

Apr 1, 2026

Description

Los Angeles! SFR R3 Zoning! Rarely does a home offer such a perfect harmony of historic soul and meticulous care. Held by the same family since 1975, 178 N Mariposa Ave is not just a development opportunity; it is a family-maintained, move-in-ready home perfect for an owner-occupant or a sophisticated investor! Unlike many homes of this era, this residence boasts pride of ownership. From the inviting front porch to the spacious 1,608sqft interior, the home feels solid, warm, and exceptionally cared for. Enjoy a spacious 3-bedroom, 2-bathroom layout with 'good bones,' a cozy fireplace, and a massive, lush backyard that feels like a private park in the middle of the city. It's a peaceful sanctuary just minutes from the energy of Koreatown, Silver Lake, and Hollywood - approximately a 3-mile drive to DTLA and a 5-mile drive to Beverly Hills. The LAR3 zoning and 6,020sqft lot provide a massive safety net. Live in or rent out this well-maintained home now while you plan for future development or the addition of a high-end ADU. Same family ownership for over 50 years. Water heater unit newly replaced December 2025. Entire roof replacement done yr2020. Experience the warmth of a true family home and the security of a premier Los Angeles investment.

Location

Los Angeles, Los Angeles County, CA 90004

Open on Google Maps ↗

Listed by: Bernadette Advincula · Keller Williams Realty

Payment estimate

$8,636

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000

%
Principal & Interest
$6,636
Property tax (1.25%)
$1,250
Homeowners insurance
$300
Mortgage insurance
$450
Open the full calculator →

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 $42,000 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.

Similar Homes Nearby

Active and pending listings in ZIP 90004 (Los Angeles) within ±10% of this home's price and size.

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

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access