Under ContractSingleFamilyResidence

351 E 124th

Los Angeles, CA, 90061

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$589,900

Original list price: $559,900

MLS: IV26080176

Beds

3

Baths

2

Sq Ft

1,136

Lot

0.14 ac

Year Built

1947

MLS #

IV26080176

Days on Market

8

Listed

Apr 14, 2026

Description

3 bedroom 2 bath fixer in Southwest LA. Must see priced to sell tons of potential. There have been add ons to property buyer to satisfy themselves. The county has the property as a 3 bed 2 bath. The property features a deep lot with room for an ADU.

Location

Los Angeles, Los Angeles County, CA 90061

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Listed by: PACO CRAIG · California Real Estate Center

Payment estimate

$4,495

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $58,990 · Loan: $530,910

%
Principal & Interest
$3,359
Property tax (1.25%)
$614
Homeowners insurance
$300
Mortgage insurance
$221
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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 $20,647 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

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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

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.