Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
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3335 Folsom Street

Los Angeles, CA, 90063

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$1,800,000

MLS: DW26005109

Beds

14

Baths

4

Sq Ft

5,244

Lot

0.32 ac

Year Built

1880

MLS #

DW26005109

Days on Market

1

Listed

Jan 8, 2026

Description

GREAT INVESTMENT OPPORTUNITY...LOCATION,LOCATION..THIS PROPERTY WAS A DUPLEX AND CONVERTED INTO A ONE SINGLE UNIT....THIS SPACIOUS PROPERTY FEATURES 14 BEDROOMS AND 4 FULL BATHROOMS PER ASSESORS.THAT EASILY CAN BE CONVERTED INTO THE ORIGINAL 2 UNITS WITH 7 BEDROOMS AND 2 BATHDROOMS EACH... PER ASSESORS 5,244 SQFT OF LIVING SPACE AND 14,148 SQFT LOT...THIS GREEAT PROPERTY HAS LOTS OF POTENTIAL AN SO MANY USES CODES.GRETA LOCATION, CLOSE TO USC UNIVERSITY,DODGERS STADIUM,FASHION DISTRICT,LOS ANGELES DOWNTOWN,FREEWAYS AND MUCH MORE

Location

Los Angeles, Los Angeles County, CA 90063

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Listed by: Jesse Barocio · Century 21 Realty Masters

Payment estimate

$12,804

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $180,000 · Loan: $1,620,000

%
Principal & Interest
$9,954
Property tax (1.25%)
$1,875
Homeowners insurance
$300
Mortgage insurance
$675
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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 $63,000 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.

Local Market Stats

See Los Angeles, CA 90063 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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