Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

3120 W 63rd Street

Los Angeles, CA, 90043

1 / 8View all 8 photos

$500,000

MLS: IN25158318

Beds

1

Baths

1

Sq Ft

570

Lot

0.06 ac

Year Built

1922

MLS #

IN25158318

Days on Market

240

Listed

Jul 14, 2025

Description

Charming one-bedroom, one-bath home located in the heart of Los Angeles. This wood-frame residence features updated windows and is situated on an LAR3-zoned lot, offering potential for future development or expansion. The property will be delivered vacant, providing a clean slate for investors, developers, or owner-occupants. A great opportunity in a centrally located neighborhood with easy access to transportation, shopping, and local amenities. Buyer to verify all zoning and development possibilities with the City of Los Angeles.

Location

Los Angeles, Los Angeles County, CA 90043

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Listed by: Victor Jackson · Jackson Property Advisors

Payment estimate

$3,773

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $50,000 · Loan: $450,000

%
Principal & Interest
$2,765
Property tax (1.25%)
$521
Homeowners insurance
$300
Mortgage insurance
$188
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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 $17,500 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 90043 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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