$629,000
MLS: SR26222593
Beds
4
Baths
2
Sq Ft
1,334
Lot
0.12 ac
Year Built
1958
MLS #
SR26222593
Days on Market
0
Listed
Oct 14, 2026
Description
Welcome to this charming South Los Angeles Home with space, character & endless Potential! This property presents an exciting opportunity for homeowners and investors alike! Step inside to a bright, welcoming living room, where natural light, fresh interior paint, and brand new attractive laminate flooring create a warm and inviting first impression. To the left, discover a charming dining area and kitchen featuring classic white cabinetry, generous countertop space and ample storage. There is plenty of potential to bring your design vision to life in this galley style kitchen. To the right of the living room, a hallway leads you through the heart of the home, beginning with a comfortable first bedroom. Continue past the first bathroom to discover convenient built-in storage and two additional bedrooms, each offering flexibility for family, guests, or a home office. Through the third bedroom, a separate hallway reveals a convenient exit to the backyard, a second bathroom, and a spacious fourth bedroom tucked away at the rear of the home. This more secluded setting provides added privacy and versatility, making it ideal for a primary retreat, guest quarters, in-laws, investment potential or a dedicated workspace. Step outside to enjoy refreshed landscaping, a long driveway offering off-street parking, and a spacious backyard ready to be transformed into your personal outdoor oasis. Imagine weekend barbecues, an inviting entertainment area, lush gardens, or exploring future improvements, including potential ADU opportunities (buyer to verify with the city). Conveniently situated near South Los Angeles Wetlands Park, USC, Exposition Park, Downtown Los Angeles, shopping, dining, and the Metro A Line, this home offers accessibility to everyday conveniences and popular destinations. Whether you're a homeowner looking to create your dream space or an investor seeking a property with value-add potential, 324 E 55th Street offers the space, flexibility, and possibilities to make your vision a reality!
Location
Los Angeles, Los Angeles County, CA 90011
Open on Google Maps ↗Listed by: Thomas dell'Aria · Sunset Lending and Realty
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
$5,111
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $62,900 · Loan: $566,100
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,920
- Property tax (1.25%)
- $655
- Homeowners insurance
- $300
- Mortgage insurance
- $236
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 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
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 $22,015 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 90011 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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