2016 Fair Park Avenue
Los Angeles, CA, 90041
$1,350,000
MLS: 26997431
Beds
3
Baths
2
Sq Ft
1,382
Lot
0.17 ac
Year Built
1923
MLS #
26997431
Days on Market
5
Listed
Oct 9, 2026
Description
Discover this centrally located Eagle Rock gem offering two separate structures, a spacious backyard, and exciting future possibilities. The charming front residence features 2 bedrooms and 1 bathroom, complemented by an inviting front porch that adds character and curb appeal. Inside, a generously sized kitchen opens to a covered rear porch, creating a natural transition to the expansive backyard an ideal setting for outdoor dining, entertaining, gardening, or simply enjoying your own private outdoor space. Adding to the property's versatility is a separate rear structure featuring 2 rooms and 1 bathroom, providing additional space that may be ideal for a home office, studio, guest accommodations, or other uses subject to applicable permits and regulations. Located in the highly desirable Eagle Rock area of Los Angeles, the property offers convenient access to the neighborhood's popular shops, cafes, restaurants, markets, everyday services, and nearby public transportation. Adding significant appeal for investors and developers, the property is zoned R3, offering potential for multifamily residential development. Its location may also provide opportunities for increased density and other development incentives available under applicable Transit Oriented Communities (TOC) and affordable-housing programs, subject to eligibility and approval by the City of Los Angeles. Buyers and developers are encouraged to independently investigate zoning, TOC eligibility, allowable density, affordability requirements, development incentives, and all potential uses with the appropriate governmental agencies. Whether envisioned as a charming residence with additional flexible space, an investment property, or a future multifamily development opportunity, this Eagle Rock property offers a compelling combination of location, land-use potential, and versatility. Bring your creativity and explore the possibilities this unique property has to offer!
Location
Los Angeles, Los Angeles County, CA 90041
Open on Google Maps ↗Listed by: Ashley Safa · AXES Group Inc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$10,625
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $135,000 · Loan: $1,215,000
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,412
- Property tax (1.25%)
- $1,406
- Homeowners insurance
- $300
- Mortgage insurance
- $506
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 Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
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 $47,250 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
See Los Angeles, CA 90041 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
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