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ActiveSingleFamilyResidence

2540 Onyx

Los Angeles, CA, 90032

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$750,000

MLS: SW26182460

Beds

4

Baths

2

Sq Ft

1,400

Lot

0.32 ac

Year Built

1926

MLS #

SW26182460

Days on Market

57

Listed

Aug 20, 2026

Description

**INVESTOR OPPORTUNITY – HILLSIDE PROPERTY WITH INCREDIBLE POTENTIAL!** Bring your contractor and your vision to 2540 Onyx Drive. Situated on an approximately 13,800 sq. ft. hillside lot, this unique property offers privacy, beautiful hillside surroundings and impressive views in a highly desirable Los Angeles location. The existing residence is in need of extensive renovation and is being sold in its present condition. This is an ideal opportunity for an experienced investor, developer or buyer looking to create a custom hillside retreat. Renovate the existing home or explore the possibilities for a more extensive transformation of the property, subject to buyer verification and applicable city requirements. Conveniently located with easy access to Downtown Los Angeles, Pasadena and the San Fernando Valley, yet tucked away in a private hillside setting that feels removed from the city. **Investors and experienced renovation buyers encouraged. Property requires substantial work. Cash or appropriate renovation financing may be required. Buyer to independently verify square footage, lot size, zoning, development potential, permits and all property information.** A rare opportunity to transform a large Los Angeles hillside property into something truly special.

Location

Los Angeles, Los Angeles County, CA 90032

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Listed by: Sarah Gillen · Utopia Real Estate

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

$6,036

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $675,000

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,674
Property tax (1.25%)
$781
Homeowners insurance
$300
Mortgage insurance
$281
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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 Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

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 $26,250 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.

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Active and pending listings in ZIP 90032 (Los Angeles)within ±10% of this home's price and size.

Local Market Stats

See Los Angeles, CA 90032 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.