3202 Minneapolis
Los Angeles, CA, 90039
$1,749,000
Original list price: $1,849,000
MLS: GD26141861
Beds
—
Baths
—
Sq Ft
1,600
Lot
0.12 ac
Year Built
1952
MLS #
GD26141861
Days on Market
108
Listed
Jun 30, 2026
Description
Rare opportunity to acquire a beautifully maintained three-unit multifamily property in the heart of highly sought-after Atwater Village, one of Northeast Los Angeles' most desirable and consistently strong rental markets. Situated on a 5,404 SF lot, this charming 1,600 SF property features three (3) detached cottage-style residences, each offering 1 bedroom and 1 bathroom. Individually metered for gas and electricity, the property provides an efficient, low-maintenance investment structure while offering tenants the privacy and appeal of standalone homes. Atwater Village continues to be one of Los Angeles' premier rental destinations, celebrated for its vibrant neighborhood atmosphere, walkable streets, trendy cafés, acclaimed restaurants, boutique shopping, and convenient access to Griffith Park, the Los Angeles River bike paths, Glendale, Los Feliz, Silver Lake, Downtown Los Angeles, and major employment centers. Whether you're a seasoned investor seeking stable long-term income or looking to add a high-demand asset to your portfolio, this property offers an exceptional combination of location, tenant appeal, and future appreciation potential.
Location
Los Angeles, Los Angeles County, CA 90039
Open on Google Maps ↗Listed by: Karine Aslanian · Christie's RE SoCal
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
$13,677
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $174,900 · Loan: $1,574,100
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $10,899
- Property tax (1.25%)
- $1,822
- Homeowners insurance
- $300
- Mortgage insurance
- $656
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 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $61,215 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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Local Market Stats
See Los Angeles, CA 90039 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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