Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractTriplex

2431 E 4th

Los Angeles, CA, 90033

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$850,000

MLS: PW25261814

Beds

5

Baths

3

Sq Ft

2,479

Lot

0.15 ac

Year Built

1895

MLS #

PW25261814

Days on Market

146

Listed

Nov 21, 2025

Description

Prime East Los Angeles Opportunity: Calling All Visionary Cash Investors! Exceptional opportunity to acquire a single-family residence with significant upside potential in the highly sought-after ZIP code 90033. Located near Boyle Heights and just minutes from Downtown LA, this property offers incredible square footage and structural bones for a complete transformation. This is a rare chance for experienced developers and investors ready to tackle an intensive rehab project. The property needs a full interior and exterior rebuild, presenting a clean slate to maximize future value. Focus your vision on maximizing the footprint and capitalizing on the growth of East LA. This property requires an All-Cash Offer due to the scope of work and structural conditions. Sold strictly AS-IS. This is not a standard sale; bring your architect and your general contractor!

Location

Los Angeles, Los Angeles County, CA 90033

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Listed by: Luis Avalos Corleto · West Shores Realty, Inc.

Payment estimate

$6,204

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000

%
Principal & Interest
$4,700
Property tax (1.25%)
$885
Homeowners insurance
$300
Mortgage insurance
$319
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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 $29,750 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

Only large teams outsell Mike Watson · Keller Williams Realty

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