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$999,000
Original list price: $99,000
MLS: SR26098132
Beds
8
Baths
4
Sq Ft
3,691
Lot
0.14 ac
Year Built
1947
MLS #
SR26098132
Days on Market
5
Listed
May 5, 2026
Description
Exceptional investment opportunity in a high demand rental pocket of South Los Angeles! This very well-maintained 4-unit property offers strong income potential with three units delivered vacant, making it ideal for investors looking to set market rents or owner-occupy while generating cash flow. Each spacious unit just under 1,000 sq ft of living space (buyer to verify), with 2 bedrooms and 1 bathroom, providing highly desirable layouts for tenants. The property has been well cared for, including newer windows, enhancing both efficiency and overall appeal. One unit is currently in mid-renovation, presenting a prime value-add opportunity for the next owner to complete improvements and potentially achieve premium market rents upon completion. The property sits on a secured gated lot and includes a 4-car garage, offering additional upside potential (ADU, storage, or parking income—buyer to verify). Conveniently located near Van Ness Recreation Center, tenants benefit from nearby green space, recreation, and accessibility to major streets, transit, and local amenities. Market rents for comparable 2-bedroom units in the area are trending approximately $2,400–$2,800+, with upside potential as units are updated and stabilized. Opportunities like this—with multiple vacant units and value-add potential—are becoming increasingly rare in this market. Priced to attract strong investor interest. All information deemed reliable but not guaranteed.
Location
Los Angeles, Los Angeles County, CA 90062
Open on Google Maps ↗Listed by: Jenarda Makupson · Kingdom Keys Realty
Payment estimate
$7,404
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,100
- Principal & Interest
- $5,689
- Property tax (1.25%)
- $1,041
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $34,965 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 90062 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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