2740 Fairmount
Los Angeles, CA, 90033
$1,299,000
MLS: CV26043972
Beds
—
Baths
—
Sq Ft
2,800
Lot
0.13 ac
Year Built
1913
MLS #
CV26043972
Days on Market
252
Listed
Feb 27, 2026
Description
Great opportunity in Los Angeles! This property features two units on one lot, including a newer built second unit located at the rear of the property, offering excellent flexibility for homeowners and investors alike. Live in one unit and rent out the other to help offset your mortgage, making this an ideal setup for owner-occupants looking to generate additional income. The layout provides separation between the front home and the back unit, creating added privacy and usability. Conveniently located with easy access to major freeways, making commuting to surrounding areas simple and efficient. Close to shopping, dining, and everyday amenities. A great opportunity for multi-generational living, rental income, or investment potential in a central Los Angeles location. ? Property Highlights: • Two units on one lot • Newer constructed rear unit • Ideal for owner-occupant with rental income potential • Convenient access to freeways and nearby amenities
Location
Los Angeles, Los Angeles County, CA 90033
Open on Google Maps ↗Listed by: Luis Cortez · COMPLETE HOME REALTY
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
$10,060
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $129,900 · Loan: $1,169,100
Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,920
- Property tax (1.25%)
- $1,353
- Homeowners insurance
- $300
- Mortgage insurance
- $487
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 Nov 5, 2026
- 30-year fixed
- 7.18%
- 15-year fixed
- 6.57%
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 $45,465 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.
Similar Homes Nearby
Active and pending listings in ZIP 90033 (Los Angeles)within ±10% of this home's price and size.
Local Market Stats
See Los Angeles, CA 90033 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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.