$625,000
MLS: 26844157
Beds
2
Baths
1
Sq Ft
1,106
Lot
0.14 ac
Year Built
1948
MLS #
26844157
Days on Market
5
Listed
Jun 5, 2026
Description
Investor special! Centrally located fixer near Culver City with strong upside potential. First time on the market in over 30 years, this long-term owner-occupied property offers a rare opportunity. Zoned R3, providing excellent development potential for multi-unit construction or expansion (buyer to verify). Existing structure is in need of renovation ideal for investors, developers, or cash buyers looking to add value. Prime location with close proximity to shopping, dining, major freeways, and employment hubs. Don't miss this value-add opportunity! DO NOT DISTRUB THE OCCUPANTS OR APPROACH THE PROPERTY WITHOUT AN APPOINTMENT.
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Regina Hooks · Robert Pitts Luxury Estates
Payment estimate
$4,748
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $62,500 · Loan: $562,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,563
- Property tax (1.25%)
- $651
- Homeowners insurance
- $300
- Mortgage insurance
- $234
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $21,875 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
Only large teams outsell Mike Watson · Keller Williams Realty
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