2660 Newell Street
Los Angeles, CA, 90039
$995,000
MLS: 26657049
Beds
5
Baths
3
Sq Ft
2,064
Lot
0.13 ac
Year Built
1964
MLS #
26657049
Days on Market
38
Listed
Feb 26, 2026
Description
This is a Great Opportunity for first times buyers. It is 2 homes on 1 lot, you can BUY them with a friend and you can each own a Free standing, single family home for less then $498,000 in the Vibrant area of "Frog Town" near "Elysian Park", the "Dodger Stadium" and the "LA River" and the 2 and the 5 freeways. It is a 15 min. drive to Sunset Blvd. and Alvarado St.. Both homes are tenant occupied. The back house will be vacant on June 1st. The front house is a 2 bedroom and 1 bath and the back house is 3 bedrooms and 2 baths, they were built in 1964 and there were some upgrades along the way. This is a Probate sale, it does NOT require court confirmation. There is a driveway for 2 possibly 3 cars tandem.
Location
Los Angeles, Los Angeles County, CA 90039
Open on Google Maps ↗Listed by: Ron Thomas · Keller Williams Hollywood Hills
Payment estimate
$7,212
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,500 · Loan: $895,500
- Principal & Interest
- $5,502
- Property tax (1.25%)
- $1,036
- Homeowners insurance
- $300
- Mortgage insurance
- $373
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 $34,825 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 90039 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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