2251 Cambridge Street
Los Angeles, CA, 90006
$1,290,000
MLS: DW26148703
Beds
4
Baths
3
Sq Ft
2,420
Lot
0.14 ac
Year Built
1912
MLS #
DW26148703
Days on Market
19
Listed
Jul 8, 2026
Description
RARE OPPORTUNITY WITH INCREDIBLE ADU & INVESTMENT POTENTIAL IN THE HEART OF KOREATOWN! Welcome to 2251 Cambridge Street — a beautifully updated 4-bedroom, 3-bath home offering 2,420 sq. ft. of living space on a spacious 6,009 sq. ft. lot, now offered at an aggressively reduced price of $1,290,000. This is not just a home — it’s a smart investment opportunity with serious upside. Move-in ready and full of charm, this residence features an open-concept floor plan, a modern renovated kitchen, and bright, spacious living areas perfect for comfortable living and entertaining. A large backyard with excellent ADU potential — ideal for creating additional rental income, a guest house, or multi-generational living. Opportunities like this in Koreatown are becoming increasingly rare. Located in one of Los Angeles’ most desirable and high-demand neighborhoods, this home offers exceptional value for both homeowners and investors. Its prime Koreatown location makes it perfect for long-term rental income, Airbnb potential, or future appreciation with easy access to restaurants, shopping, entertainment, and major freeways. Whether you're looking for your dream home or your next high-return investment, this property checks all the boxes. Schedule your private showing today.
Location
Los Angeles, Los Angeles County, CA 90006
Open on Google Maps ↗Listed by: Tiffany Lee · Dream Realty & Investments
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
$9,527
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $129,000 · Loan: $1,161,000
Average 30-yr fixed rate 6.58% as of Jul 23, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,399
- Property tax (1.25%)
- $1,344
- Homeowners insurance
- $300
- Mortgage insurance
- $484
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 Jul 23, 2026
- 30-year fixed
- 6.58%
- 15-year fixed
- 5.96%
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 $45,150 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 90006 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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