240 N Avenue 49
Los Angeles, CA, 90042
$734,000
MLS: PW26036979
Beds
2
Baths
1
Sq Ft
1,041
Lot
0.15 ac
Year Built
1925
MLS #
PW26036979
Days on Market
5
Listed
Mar 16, 2026
Description
Charming Highland Park bungalow with plenty of room to grow! This 1,041 sq ft home offers 2 bedrooms, 1 bathroom, a comfortable living area, and a functional layout ready for your personal touch. Wood and laminate flooring add warmth and character throughout the home. Situated on a generous 6,570 sq ft lot, the property features a long driveway and spacious backyard with great potential for outdoor living, entertaining, or the possible addition of an ADU. Conveniently located between local shops, restaurants, cafes, and easy freeway access. Needs some TLC, but this home offers tremendous upside and value-add potential. Renovate, expand, or reimagine the space and make it your dream home! **MULTIPLE OFFERS RECEIVED. OFFERS DEADLINE 03/23/26 5PM.**
Location
Los Angeles, Los Angeles County, CA 90042
Open on Google Maps ↗Listed by: Caroline Gim · Expert Real Estate & Investment
Payment estimate
$5,399
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $73,400 · Loan: $660,600
- Principal & Interest
- $4,059
- Property tax (1.25%)
- $765
- Homeowners insurance
- $300
- Mortgage insurance
- $275
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 $25,690 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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