PendingSingleFamilyResidence

2332 S Highland Avenue

Los Angeles, CA, 90016

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$699,000

Original list price: $799,000

MLS: OC26013297

Beds

3

Baths

2

Sq Ft

1,008

Lot

0.07 ac

Year Built

1950

MLS #

OC26013297

Days on Market

117

Listed

Jan 29, 2026

Description

Newly priced at $699,000, this is one of the best value opportunities for a move in ready home in Los Angeles. This beautifully updated home is ideal for first time buyers seeking comfort, style, and an attainable path to homeownership. The property features fresh interior and exterior paint, remodeled bathrooms with modern tile and vanities, and durable waterproof vinyl flooring throughout. The open and inviting layout creates a low maintenance living environment so you can move in and enjoy immediately. Recent upgrades include two new mini split systems for efficient heating and cooling, updated electrical outlets and lighting, and select new windows that enhance natural light and energy efficiency. These improvements provide both everyday comfort and long term peace of mind. Located in a centrally positioned and evolving neighborhood, the home offers convenient access to local shops, cafes, restaurants, and major commuter routes. The area continues to attract buyers looking for value and long term growth within Los Angeles. The property is zoned LARD2, offering flexibility for future expansion. Buyers may explore the potential to add an ADU, expand the existing footprint, or create multi unit opportunities, subject to city guidelines and approvals. This creates an opportunity to enjoy the home today while planning for future upside. The home is FHA eligible and may qualify for the Buyer Pathway to Homeownership grant offering up to $10,000 for qualified buyers, along with additional down payment assistance programs. Seller is open to creative offers to build in an interest rate buy down to help make ownership more affordable. All offers will be reviewed Monday at 5:00 PM.

Location

Los Angeles, Los Angeles County, CA 90016

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Listed by: Candice Blair · Coldwell Banker Realty

Payment estimate

$5,275

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,985
Property tax (1.25%)
$728
Homeowners insurance
$300
Mortgage insurance
$262
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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 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 $24,465 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.