Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

246 N Irving Boulevard

Los Angeles, CA, 90004

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$1,945,000

MLS: 26673271

Beds

4

Baths

4

Sq Ft

3,202

Lot

0.17 ac

Year Built

1923

MLS #

26673271

Days on Market

13

Listed

Apr 3, 2026

Description

Time to think outside the box. Consider converting this character-rich 1920s Spanish duplex, ideally located on Irving Blvd nestled between Beverly Blvd and 1st Street, into a Single Family Home. Offered fully vacant, this rare offering is an exceptional opportunity for investors or owner-user to convert this duplex into one house. With over 3,200 sq.ft. on a 7,500+ sq.ft. lot, this property can be purchased for about $623/sq/ft. which is unheard of for a house in this neighborhood. Both units feature nearly identical, thoughtfully designed floor plans. Each welcomes you with a sun-drenched living room anchored by a decorative Batchelder fireplace, followed by a formal dining room and adjacent den perfect for a home office or additional lounge space. The spacious kitchens include an attached breakfast room that can easily function as an office, den, or potential third bedroom. Each unit offers two well-sized bedrooms and two bathrooms, with two of the baths showcasing original 1920s tile work and charming built-ins that beautifully preserve the home's architectural heritage. Set on a generous lot, the property includes a three-car garage presenting an excellent opportunity to add an ADU while still maintaining ample outdoor and garden space. Classic details throughout include hardwood floors, French windows and doors, original hardware, and timeless Spanish architectural elements that are increasingly hard to find. All of this just blocks from the shops and dining along Larchmont Boulevard a location that perfectly balances neighborhood charm with urban convenience. A rare blend of character, flexibility, and upside potential in one of LA's most desirable neighborhoods.

Location

Los Angeles, Los Angeles County, CA 90004

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Listed by: Rick Llanos · Coldwell Banker Realty

Payment estimate

$13,811

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $194,500 · Loan: $1,750,500

%
Principal & Interest
$10,755
Property tax (1.25%)
$2,026
Homeowners insurance
$300
Mortgage insurance
$729
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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 $68,075 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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