247 E 97th
Los Angeles, CA, 90003
$549,000
MLS: PW25240195
Beds
5
Baths
2
Sq Ft
852
Lot
0.13 ac
Year Built
1924
MLS #
PW25240195
Days on Market
110
Listed
Oct 20, 2025
Description
Welcome to this charming 4-bedroom, 1-bath home with a garage converted into an 1 room and 1 bathroom, perfect for extended family or guests. Situated on a large R2-zoned lot, this property offers incredible potential to expand or Enjoy plenty of outdoor space for entertaining or future development. Conveniently located near schools, shops, and major freeways, this home combines comfort, functionality, and investment opportunity
Location
Los Angeles, Los Angeles County, CA 90003
Open on Google Maps ↗Listed by: Noe Ramirez · Coldwell Banker Envision
Payment estimate
$4,114
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $54,900 · Loan: $494,100
- Principal & Interest
- $3,036
- Property tax (1.25%)
- $572
- Homeowners insurance
- $300
- Mortgage insurance
- $206
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 $19,215 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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