$1,250,000
Original list price: $1,350,000
MLS: 26851773
Beds
6
Baths
4
Sq Ft
3,068
Lot
0.11 ac
Year Built
1947
MLS #
26851773
Days on Market
118
Listed
Jun 25, 2026
Description
Mediterranean-style four unit property located in the highly desirable West Adams/iMid City neighborhood of Los Angeles. This well-maintained investment property features four residential units, including two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, offering a desirable unit mix for consistent tenant demand. Property improvements include updated copper plumbing, newer windows, upgraded electrical systems with separate gas and electric meters as well a central heating. The grounds are enhanced by mature fig and pomegranate trees, adding charm and curb appeal. Ideally situated just minutes from Culver City, Beverly Hills, West Hollywood, Downtown Los Angeles, the I-10 Freeway, and Metro transit. This property provides excellent accessibility to major employment centers, dining, shopping, and entertainment. This Mid-City/West Adams four-unit asset presents an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and future rental upside in one of Los Angeles' most established and evolving neighborhoods. Whether expanding an investment portfolio or acquiring a value-add multifamily property in a proven rental market, this four unit property offers the location, fundamentals, and income potential to meet a wide range of investment objectives. The building next door at 2747 Redondo offers the same characteristics and same price..
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Kelly Myers · Compass
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
$9,799
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $125,000 · Loan: $1,125,000
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,728
- Property tax (1.25%)
- $1,302
- Homeowners insurance
- $300
- Mortgage insurance
- $469
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 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $43,750 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
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