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$277,000
MLS: GD26095956
Beds
0
Baths
1
Sq Ft
460
Lot
0.49 ac
Year Built
1923
MLS #
GD26095956
Days on Market
6
Listed
May 3, 2026
Description
Charming Remodeled Studio in Historic Building – Prime Location Between Downtown LA & Mid-Wilshire. This beautifully remodeled studio is located on the second floor of a building, offering the perfect blend of vintage charm and modern updates. With soaring 9-foot ceilings, open floorplan, pergo flooring, and an abundance of natural light, this home has character and warmth. The remodeled kitchen features custom cabinetry, stone countertops, and includes a refrigerator and stove. A large closet space for an office or extra storage. The bathroom boasts a tub, and the unit offers a peaceful city view. Residents enjoy access to a secured courtyard entrance, an elevator, and multiple staircases. The building has been retrofitted for earthquake safety, ensuring peace of mind. The location couldn’t be more convenient: just three blocks from the Westlake/MacArthur Park Metro Red Line Station, and within walking distance to LA Live, Downtown, the Staples Center, FIDM, USC (1.5 miles), and Loyola Law School. The monthly HOA fee covers all utilities (except cable), community laundry, a library, a piano, billiard and ping-pong tables, bike racks, and a fully equipped exercise room. While there is no parking structure on-site, ample third-party parking options are nearby, with the closest lot located just 900 feet away at 942 S. Alvarado St. Perfect for a first-time homebuyer—make this charming unit yours today!
Location
Los Angeles, Los Angeles County, CA 90006
Open on Google Maps ↗Listed by: Inga Draghetti · Discovery Realty and Finance
Payment estimate
$2,270
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $27,700 · Loan: $249,300
- Principal & Interest
- $1,577
- Property tax (1.25%)
- $289
- Homeowners insurance
- $300
- Mortgage insurance
- $104
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 $9,695 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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