315 W 120th Street
Los Angeles, CA, 90061
$500,000
MLS: 25514691
Beds
3
Baths
1
Sq Ft
956
Lot
0.12 ac
Year Built
1921
MLS #
25514691
Days on Market
71
Listed
Mar 20, 2025
Description
BACK ON THE MARKET! SHOWINGS 12/6/26 from 12:00 noon to 3pm. PROBATE MAJOR FIXER. EXCELLENT INVESTOR OPPORTUNITY! *NO COURT CONFIRMATION REQUIRED* Property sits on a nice size R3 lot. Property to be SOLD "AS IS". Seller will NOT make any repairs .
Location
Los Angeles, Los Angeles County, CA 90061
Open on Google Maps ↗Listed by: Alasia Christopher · Accent Realty
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
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.
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