2536 S Dunsmuir Avenue
Los Angeles, CA, 90016
$975,000
MLS: 26658041
Beds
3
Baths
1
Sq Ft
930
Lot
0.12 ac
Year Built
1925
MLS #
26658041
Days on Market
105
Listed
Mar 3, 2026
Description
We are pleased to present for sale an exceptional development opportunity located in the heart of West Adams! Situated on a 5,200 sq ft flat lot (40 ft x 130 ft) with RD1.5 zoning, this property offers outstanding potential for redevelopment. Ideal for a brand-new fourplex or small-lot subdivision project (buyer to verify). The existing 3 BD/1 BA single-family residence will be delivered vacant at close of escrow, providing a clean slate for immediate planning and construction. SB 8 clearance letter is already in hand confirming no low-income replacement requirement, significantly streamlining the development process. No tenant relocation required. Located within an Opportunity Zone, this property presents additional potential tax advantages for investors (buyer to verify with CPA). The flat topography makes site planning efficient and cost-effective. Centrally positioned near the vibrant dining, shopping, and transit options that make West Adams one of Los Angeles' most dynamic and rapidly evolving neighborhoods. Convenient access to Culver City, DTLA, USC, and major transportation corridors. A rare chance to secure a vacant, development-ready lot in a strong rental and growth corridor. Contact listing agent for more details!
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Daniel Shamooelian · Keller Williams Beverly Hills
Payment estimate
$7,239
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $97,500 · Loan: $877,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,558
- Property tax (1.25%)
- $1,016
- Homeowners insurance
- $300
- Mortgage insurance
- $366
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $34,125 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
See Los Angeles, CA 90016 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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