ActiveSingleFamilyResidence

1861 W 94th Street

Los Angeles, CA, 90047

1 / 7View all 7 photos

$599,900

MLS: 26661951

Beds

2

Baths

2

Sq Ft

1,455

Lot

0.11 ac

Year Built

1941

MLS #

26661951

Days on Market

15

Listed

Mar 18, 2026

Description

Fixer.. Spanish-style home presents a fantastic investment opportunity in a desirable neighborhood of Los Angeles. 2 bedrooms and 2 baths with a den or can be used as a 3rd bedroom as it does have a closet, this home has classic architectural details with modern potential. The property has sturdy structure and good bones, making it a prime candidate for upgrades and enhancements. With some thoughtful renovations, you can maximize its value and appeal. This home is ideal not only for investors looking to build equity but also for first-time buyers seeking a welcoming place to start a family. Seller is requiring a 15 day close.

Location

Los Angeles, Los Angeles County, CA 90047

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Listed by: Robert Pitts · Robert Pitts Luxury Estates

Payment estimate

$4,467

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $59,990 · Loan: $539,910

%
Principal & Interest
$3,317
Property tax (1.25%)
$625
Homeowners insurance
$300
Mortgage insurance
$225
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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 $20,997 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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