223 E 28th
Los Angeles, CA, 90011
$899,999
MLS: IV26154737
Beds
2
Baths
1
Sq Ft
1,016
Lot
0.14 ac
Year Built
1889
MLS #
IV26154737
Days on Market
41
Listed
Jul 15, 2026
Description
Exceptional Investment Opportunity in the Heart of Los Angeles! Located just 7 minutes from USC and 10 minutes from Downtown Los Angeles, this 2-bedroom, 1-bathroom home is a true blank canvas, ready for the right buyer to restore its original charm or transform it into an income-producing property. Whether you’re an investor searching for your next renovation project or a homeowner looking to build instant equity, this property offers incredible potential in one of Los Angeles’ most desirable and centrally located neighborhoods. With easy access to major freeways, shopping, dining, entertainment, and employment centers, the possibilities are endless. Buyer and Buyer’s Agent are advised to independently verify all information, including property details, permits, zoning, and square footage, and to conduct their own due diligence with the appropriate public agencies and records.
Location
Los Angeles, Los Angeles County, CA 90011
Open on Google Maps ↗Listed by: FRANCES GARCIA · EXP REALTY OF CALIFORNIA 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
$6,775
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $90,000 · Loan: $809,999
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,200
- 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 Aug 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
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 $31,500 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 90011 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
Free Buyer & Seller Tools
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