$1,795,000
MLS: 26997059
Beds
5
Baths
4
Sq Ft
2,565
Lot
0.15 ac
Year Built
1922
MLS #
26997059
Days on Market
11
Listed
Oct 7, 2026
Description
Two distinct homes on one street-to-street lot offer a unique investment opportunity, providing the feel of two separate single-family residences. A++ location within the coveted pocket of Silver Lake in the highly regarded Ivanhoe Elementary School District. Each home has its own entrance from a different street, both separately gated with private parking which adds privacy and independence. The original residence, 2 bed/2 bath built in 1922 and completely remodeled in 2014, fronts Glendale Blvd and is fenced with mature hedges, while the second home, 3 bed/2 bath built in 2008, is accessed from Ivan Hill Terrace and features Mid-Century inspired architecture. Both homes are currently rented and separately metered for all utilities. The original home is subject to LA City rent control (RSO), while the newer residence is not. Hold both as income producing properties and explore the future opportunity to live in one while collecting rental income from the other. This distinctive property combines architectural character, separate street access, and flexibility for investors and future owner-occupants alike.
Location
Los Angeles, Los Angeles County, CA 90039
Open on Google Maps ↗Listed by: Benjamin Foster · Ritz Properties, Inc.
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
$14,028
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $179,500 · Loan: $1,615,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $11,185
- Property tax (1.25%)
- $1,870
- Homeowners insurance
- $300
- Mortgage insurance
- $673
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 $62,825 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.
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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
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