2225 Thurman Avenue
Los Angeles, CA, 90016
$1,099,000
MLS: 26102734
Beds
4
Baths
3
Sq Ft
1,697
Lot
0.11 ac
Year Built
1929
MLS #
26102734
Days on Market
13
Listed
Oct 16, 2026
Description
Charming Spanish-style duplex offering the perfect blend of character, modern upgrades, and investment potential in the heart of Mid City. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile property offers an exceptional opportunity.The front unit has undergone an extensive renovation, featuring updated flooring, a remodeled kitchen, refreshed laundry area, new paint, and thoughtful improvements throughout, while maintaining its original Spanish charm. Currently operating as a furnished mid-term rental generating $4,600 per month, the front unit will be delivered vacant at closing, giving the next owner the flexibility to move right in or continue its furnished rental use. The rear unit is currently tenant-occupied, providing an established rental income stream from day one and making this an attractive opportunity for both owner-occupants and investors. Adding even more value, the property features two rear garages and a spacious laundry room with potential for ADU conversion or additional development under LARD2 zoning. Ideally situated in Mid City near West Adams, Picfair Village, with convenient access to the 10 Freeway, Culver City, Santa Monica, Downtown LA, and Playa Vista. Enjoy nearby restaurants, shopping, and entertainment while benefiting from a central location that appeals to both residents and renters. A wonderful opportunity to own a character-filled, thoughtfully updated duplex with immediate income potential, owner-occupant flexibility, and room for future growth in one of Los Angeles' most connected neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Nicholas Saremi · Equity Union
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
$8,651
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,900 · Loan: $989,100
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,794
- Property tax (1.25%)
- $1,145
- Homeowners insurance
- $300
- Mortgage insurance
- $412
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 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $38,465 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 90016 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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