216 S Lake Street
Los Angeles, CA, 90057
$899,900
MLS: PW25006013
Beds
9
Baths
4
Sq Ft
3,323
Lot
0.14 ac
Year Built
1903
MLS #
PW25006013
Days on Market
43
Listed
Jan 9, 2025
Description
Spacious and versatile, this 9-bedroom, 4-bathroom Westlake gem offers 3,323 sq. ft. of living space on a 6,252 sq. ft. lot. Built in 1903 and featuring solar panels, this property combines classic charm with modern efficiency. Zoned R3 and not in a historical preservation zone, it boasts significant development potential. Perfect for investors or those seeking a large single family home in a prime Los Angeles location.
Location
Los Angeles, Los Angeles County, CA 90057
Open on Google Maps ↗Listed by: Sebastian Stofenmacher · Edgestone Real Estate, Inc.
Payment estimate
$6,551
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,990 · Loan: $809,910
- Principal & Interest
- $4,976
- Property tax (1.25%)
- $937
- Homeowners insurance
- $300
- Mortgage insurance
- $337
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 $31,497 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 90057 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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