Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveTownhouse

1882 N Alvarado Street 16

Los Angeles, CA, 90026

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$829,000

MLS: GD26057939

Beds

3

Baths

3

Sq Ft

1,692

Lot

1.61 ac

Year Built

1991

MLS #

GD26057939

Days on Market

18

Listed

Mar 17, 2026

Description

Perched on the hillside in Elysian Heights, this stunning tri-level home offers a front-row seat to some of Los Angeles’ most breathtaking views. From the sparkling Downtown LA skyline to the rolling hills of Echo Park and Silver Lake, every balcony frames a postcard-worthy scene. Designed for both comfort and lifestyle, the home features 3 bedrooms plus a flexible bonus room—perfect for a home office, creative studio, gym, or lounge—along with 3 bathrooms, soaring ceilings, new carpet, a new water heater, and an oversized 2-car garage. Wake up in the primary suite with its own private balcony, where the city and canyon views greet you each morning. The living room fireplace and balcony create the perfect space to unwind as the skyline lights begin to glow at night. With three balconies, indoor-outdoor living becomes part of your everyday routine. The kitchen is both stylish and functional, featuring granite countertops, travertine backsplash, stainless steel appliances, and a spacious walk-in pantry. Enjoy the convenience of an attached two-car garage with a laundry area and ample extra storage. And the lifestyle? Truly special. Located in a gated community just minutes from Echo Park, Silver Lake, Sunset Blvd, and Downtown LA, you’re surrounded by some of the city’s most vibrant cafes, restaurants, and culture. On July 4th, enjoy the spectacular Dodger Stadium fireworks show from all three balconies—a rare and unforgettable experience right from home. A rare opportunity to own a view home in one of LA’s most desirable hillside

Location

Los Angeles, Los Angeles County, CA 90026

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Listed by: Elaine Deguzman · Coldwell Banker Hallmark

Payment estimate

$6,059

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $82,900 · Loan: $746,100

%
Principal & Interest
$4,584
Property tax (1.25%)
$864
Homeowners insurance
$300
Mortgage insurance
$311
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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 $29,015 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.

Local Market Stats

See Los Angeles, CA 90026 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

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