Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveMixedUse

2311 1st Street

Los Angeles, CA, 90033

1 / 27View all 27 photos

$1,799,000

MLS: V1-33909

Beds

8

Baths

8

Sq Ft

2,276

Lot

0.15 ac

Year Built

1908

MLS #

V1-33909

Days on Market

90

Listed

Jan 2, 2026

Description

Excellent mixed-use investment opportunity featuring both residential and commercial units, plus an on-site laundry facility for added income. 2 commercial units with bathrooms along with on site storage units. This property offers multiple revenue streams with strong rental demand and flexible commercial space ideal for retail, office, or service use. A great option for investors seeking diversified cash flow and long-term upside in one well-positioned asset.

Location

Los Angeles, Los Angeles County, CA 90033

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Listed by: Alfredo Hernandez · Legacy Realty Group

Payment estimate

$12,797

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $179,900 · Loan: $1,619,100

%
Principal & Interest
$9,948
Property tax (1.25%)
$1,874
Homeowners insurance
$300
Mortgage insurance
$675
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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 $62,965 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 90033 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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