Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1900 Holmby Avenue

Los Angeles, CA, 90025

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$1,875,000

MLS: 26646665

Beds

2

Baths

2

Sq Ft

Lot

0.13 ac

Year Built

1937

MLS #

26646665

Days on Market

55

Listed

Feb 3, 2026

Description

Calling all developers and owner users! This property is a unique development opportunity to build six (6) for-sale condo units walking distance to the upscale Westfield Century City. Positioned on a 5,638 sqft lot with RD1.5 zoning, this is an incredible opportunity to add density in a highly desired westside neighborhood. Conveniently located adjacent to Westwood and Beverly Hills, the investment in and around the property is unparalleled, anchored with UCLA recently acquiring 700k sqft of the former Westside Pavilion to serve as their state-of-the-art research and innovation hub. The property benefits from a Transit Oriented Communities (TOC) Tier 2 designation that allows for an increase in density and height bonus. The existing house is currently vacant and consists of 2 bedrooms and 2 baths located in a highly regarded school district. Plans have been submitted to the city. Approval for Preliminary Zoning Assessment (PZA) has been received. TOC Tier Verification have been confirmed and the property is SB8 Exempt. Don't miss this opportunity!

Location

Los Angeles, Los Angeles County, CA 90025

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Listed by: Omid Shokoufandeh · SHK Realty

Payment estimate

$13,325

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $187,500 · Loan: $1,687,500

%
Principal & Interest
$10,368
Property tax (1.25%)
$1,953
Homeowners insurance
$300
Mortgage insurance
$703
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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 $65,625 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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