Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveDuplex

342 W 56th

Los Angeles, CA, 90037

1 / 29View all 29 photos

$899,000

MLS: CV25264999

Beds

8

Baths

4

Sq Ft

3,140

Lot

0.11 ac

Year Built

2000

MLS #

CV25264999

Days on Market

96

Listed

Nov 22, 2025

Description

Welcome to an exceptional investment opportunity in the heart of Los Angeles! This well-maintained duplex is ideally situated just minutes from some of the city’s most iconic destinations, the LA Coliseum, BMO Stadium, Exposition Park, USC, the California Science Center, and the highly anticipated Lucas Museum of Narrative Art. With close proximity to major highways and public transportation, convenience is truly at your doorstep. Duplex offers 8 bedrooms, 4 bathrooms, and generous living space Whether you're seeking a reliable income property or a place to call home, this duplex delivers a rare blend of comfortable living and strong investment potential. Additional highlights include a dedicated parking space along the side of the house, plus ample street parking for guests. With its prime location, accessibility, and flexible layout, this property offers the best of both worlds for investors and owner-occupants alike. Don’t miss this remarkable opportunity to own a piece of Los Angeles real estate!

Location

Los Angeles, Los Angeles County, CA 90037

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Listed by: Yvette Velazquez · Champions Community, INC

Payment estimate

$6,545

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $89,900 · Loan: $809,100

%
Principal & Interest
$4,971
Property tax (1.25%)
$936
Homeowners insurance
$300
Mortgage insurance
$337
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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 $31,465 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 90037 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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