Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

214 E 85th Street

Los Angeles, CA, 90003

1 / 2View all 2 photos

$369,000

MLS: AR21005436

Beds

2

Baths

1

Sq Ft

1,203

Lot

0.12 ac

Year Built

1915

MLS #

AR21005436

Days on Market

1

Listed

Jan 10, 2021

Description

Fixer with major potential! This is a 2 bedroom, 1 bath property awaiting your vision and creativity to make it your home. Cash Buyers and Investors welcomed! This is a FIXER, SOLD AS IS, Buyer to satisfy. Conveniently located near freeway and shopping. FIXER! FIXER!

Location

Los Angeles, Los Angeles County, CA 90003

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Listed by: Lisa Schulz · HomeSmart, Evergreen Realty

Payment estimate

$2,863

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $36,900 · Loan: $332,100

%
Principal & Interest
$2,040
Property tax (1.25%)
$384
Homeowners insurance
$300
Mortgage insurance
$138
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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 $12,915 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 90003 market trends →

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

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