ActiveSingleFamilyResidence

2900 Asbury Street

Los Angeles, CA, 90065

1 / 24View all 24 photos

$949,000

MLS: 26657271

Beds

4

Baths

2

Sq Ft

1,642

Lot

0.14 ac

Year Built

1950

MLS #

26657271

Days on Market

43

Listed

Mar 9, 2026

Description

Welcome to Cypress Park! Two detached 2-bedroom, 1-bath homes on one lot in Cypress Park, offered at $949,000. Situated on a 6,200 sq ft lot, this fully fenced property offers privacy and a versatile layout ideal for owner-users, investors, or multi-generational living. Both units will be delivered vacant at close of escrow. Zoned C4, providing a range of potential commercial and residential uses, including mixed-use and higher-density development opportunities (buyer to verify all zoning regulations and permitted uses with the City of Los Angeles). Enjoy a private, enclosed setting while still being conveniently located near neighborhood amenities. Property is within close proximity to local favorites including Barra Santos, Loquat Coffee, and Golden Poppy Market, along with other dining, coffee, and everyday conveniences. Buyer to conduct their own investigations regarding square footage, permits, zoning, and condition.

Location

Los Angeles, Los Angeles County, CA 90065

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Listed by: Jeffrey Ulik · Sotheby's International Realty

Payment estimate

$6,892

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $94,900 · Loan: $854,100

%
Principal & Interest
$5,248
Property tax (1.25%)
$989
Homeowners insurance
$300
Mortgage insurance
$356
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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 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 $33,215 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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