320 E 81st
Los Angeles, CA, 90003
$699,888
Original list price: $789,888
MLS: TR26104867
Beds
3
Baths
2
Sq Ft
1,220
Lot
0.12 ac
Year Built
1954
MLS #
TR26104867
Days on Market
115
Listed
May 17, 2026
Description
Rare LAR2-zoned opportunity in Los Angeles. Set on a 5,227-square-foot lot — above the 5,000 sq ft threshold for two-family residential use — this property offers exceptional flexibility for future expansion, rental income, or multi-generational living (subject to city approval and buyer verification). Gated rear-alley access leads directly to a two-car garage and backyard with parking for six or more vehicles, making the site uniquely practical for development or investment. Built in 1954 and tastefully refreshed, this 3-bedroom, 2-bath home offers 1,220 square feet of bright, well-designed living with fresh paint, laminate flooring, contemporary fixtures, and a warm living room fireplace. The modernized chef's kitchen anchors the home with sleek quartz countertops, stainless steel appliances, and generous cabinetry that balances style with everyday function. Outdoor space includes a spacious patio ideal for entertaining or future personalization, plus an approximately 8' x 8' detached storage unit. With easy access to major freeways, parks, schools, transit, and dining, this property seamlessly blends polished updates, rare zoning flexibility, and long-term investment potential in one of LA's most well-connected locations.
Location
Los Angeles, Los Angeles County, CA 90003
Open on Google Maps ↗Listed by: Maria Koh · First Team Real Estate
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
$5,381
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,989 · Loan: $629,899
Average 30-yr fixed rate 6.76% as of Sep 10, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,090
- Property tax (1.25%)
- $729
- Homeowners insurance
- $300
- Mortgage insurance
- $262
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 Sep 10, 2026
- 30-year fixed
- 6.76%
- 15-year fixed
- 6.09%
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 $24,496 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 90003 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
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