3206 W 59th Street
Los Angeles, CA, 90043
$775,000
Original list price: $720,000
MLS: DW26122491
Beds
4
Baths
3
Sq Ft
1,056
Lot
0.12 ac
Year Built
1923
MLS #
DW26122491
Days on Market
39
Listed
Jun 4, 2026
Description
**LIVE, RENT, INVEST — Remodeled Los Angeles Property with Multiple Permitted Living Spaces** Discover a rare opportunity to own a versatile Los Angeles property designed for flexible living and income potential. Featuring a beautifully remodeled main residence plus additional permitted living spaces, this property is ideal for owner-occupants, multi-generational households, investors, and buyers looking to offset housing expenses through rental income. With multiple usable living areas, modern upgrades, and a fully gated lot with RV access, opportunities like this are increasingly difficult to find in today's market. The beautifully updated main residence offers approximately 1,056 sq ft with 2 bedrooms and 2 full bathrooms, highlighted by an open-concept floor plan, quartz countertops, modern cabinetry, oversized breakfast bar, upgraded flooring, fresh interior and exterior paint, newer A/C system, and updated plumbing and electrical. A detached studio with private entrance and bathroom creates an ideal space for extended family, guests, rental income, or a home office. The studio currently includes a shower installed by the owner; buyer to independently verify permit status with the City of Los Angeles Building and Safety. Adding even more versatility, the detached 2-car garage is accompanied by a large finished bonus/recreation room, perfect for entertaining, fitness, hobbies, workspace, or additional storage. The fully gated lot offers privacy, generous parking, and rare RV access. City records indicate the primary structures are permitted. The overall configuration provides approximately 4 bedrooms and 3 bathrooms across all usable spaces. Buyer to independently verify square footage, permits, bedroom and bathroom count, and permitted uses. Conveniently located near major freeways, shopping, dining, and public transportation. Whether you're an owner-occupant looking to offset expenses, a multi-generational household seeking flexible living arrangements, or an investor searching for strong rental potential, this property delivers exceptional value and opportunity. **Short sale subject to lender approval. Offers submitted promptly.**
Location
Los Angeles, Los Angeles County, CA 90043
Open on Google Maps ↗Listed by: Janeth Pazmino · Keller Williams SELA
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
$5,894
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $77,500 · Loan: $697,500
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,496
- Property tax (1.25%)
- $807
- Homeowners insurance
- $300
- Mortgage insurance
- $291
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
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 $27,125 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 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
Only large teams outsell Mike Watson · Keller Williams Realty
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