$950,000
MLS: BB26212477
Beds
—
Baths
—
Sq Ft
3,828
Lot
0.15 ac
Year Built
1956
MLS #
BB26212477
Days on Market
13
Listed
Oct 1, 2026
Description
Original LA Spanish style building. 6 Units - (2) 2 + 1, (4) 1+ 1 with additional single (guest room -permits unknown) covering 3,828 sqft Bldg. Rents are being collected on 7 units. LADBS has property listed as 6 units, LAHD has 7 units paying rents. Current owners have acquired the property in its current configuration years ago. Property is gated for privacy and security with plenty of parking behind building on this 6,496 sq ft lot. Separate coin op laundry room. Fully occupied, Located in the heart of Los Angeles' Westlake/Downtown sub-market. Close to Downtown Los Angeles, Echo Park, Koreatown, retail Shops, public transportation and Freeways. Sale is contingent upon Seller securing upleg of choice and effecting a 1031 exchange. Seller will look at all offers. OSTI. Sold AS IS.
Location
Los Angeles, Los Angeles County, CA 90057
Open on Google Maps ↗Listed by: Deborah Ivone · California R.E.Services
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$7,566
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,920
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
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 Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
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 $33,250 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 90057 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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