$750,000
MLS: P1-28101
Beds
2
Baths
1
Sq Ft
1,356
Lot
0.23 ac
Year Built
1949
MLS #
P1-28101
Days on Market
28
Listed
Jul 19, 2026
Description
This is a great opportunity for investment and development in the historic West Adams neighborhood of Los Angeles. It is a Large flat lot with potential for multiple new units. There are many ways to improve this property. The new owner can choose to repair and expand the house and build a large ADU, or demolish the house and garage and build multiple new units. The zoning is RD2-1-O-HPOZ, which may allow up to 4 units on this lot. Buyer to do their own investigations and confirm specifics of the zoning code with LADBS. This is a unique opportunity to develop a house to live in with additional units for income or to develop a multi-unit investment income property. It is conveniently located close to the 10 Fwy with easy access to West Los Angeles, downtown Los Angeles and USC. It is an ideal location for a new home or an investment rental. Do not miss this opportunity.
Location
Los Angeles, Los Angeles County, CA 90018
Open on Google Maps ↗Listed by: Alexander L Varga · Norm Haley Real Estate
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
$5,696
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $675,000
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,333
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
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 $26,250 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 90018 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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