Under ContractSingleFamilyResidence

1851 Stearns Drive

Los Angeles, CA, 90035

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$1,795,000

MLS: 26658851

Beds

4

Baths

3

Sq Ft

2,305

Lot

0.14 ac

Year Built

1941

MLS #

26658851

Days on Market

21

Listed

Mar 26, 2026

Description

There are endless possibilities with this charming California cottage, thoughtfully updated and beautifully enhanced over the past 24 months. Set behind lush landscaping and bathed in natural light, the property offers a warm, inviting atmosphere with both immediate livability and future potential. A newly constructed ADU is a true standout with designer finishes, including custom solid wood cabinetry, viola leather-finished porcelain countertops, fixtures by Rejuvenation, and fully paneled appliances that blend seamlessly into the cabinetry. Approximately 400 square feet, this studio-style space is ideal for guests, rental income, or a private work-from-home retreat, all set within a serene garden setting. The main residence offers 1,905 square feet of living area, including 4 spacious bedrooms and 2 baths. The primary is an ensuite and includes architectural plans for a future remodel, allowing the next owner to enhance or reimagine the home over time. Recent improvements within the last 24 months include central air conditioning, a furnace, roof replacement, and fresh interior and exterior paint. Owned solar adds efficiency and long-term value. Located in highly sought-after Faircrest Heights, this is a rare opportunity to own a property that combines charm, flexibility, and upside in one of the area's most desirable neighborhoods.

Location

Los Angeles, Los Angeles County, CA 90035

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Listed by: Nancy Osborne · Compass

Payment estimate

$12,769

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $179,500 · Loan: $1,615,500

%
Principal & Interest
$9,926
Property tax (1.25%)
$1,870
Homeowners insurance
$300
Mortgage insurance
$673
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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 $62,825 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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