3931 Prospect Avenue
Los Angeles, CA, 90027
$1,595,000
Original list price: $1,695,000
MLS: 26975743
Beds
3
Baths
2
Sq Ft
1,481
Lot
0.09 ac
Year Built
1949
MLS #
26975743
Days on Market
40
Listed
Sep 10, 2026
Description
This 3BR/2BA Franklin Hills home blends original character with thoughtful updates and sweeping views of Griffith Observatory. Original hardwood floors, built-in bookshelves, and French doors open to an oversized deck (rebuilt Sep 2026). The kitchen features Viking appliances, an industrial sink, and a large pantry/storage room. The lower level offers a second, spacious covered deck with a fire pit and porch swing, perfect for indoor/outdoor living. The three-tiered garden includes a Hot Spring hot tub, stone pathways, roses, fruit trees, and computerized irrigation. Major systems include a new roof (2023), sewer line (2022), and HVAC (2019); additional highlights include a large clawfoot tub and Lutron smart lighting. A true Franklin Hills gem with character, comfort, and views all in one. Floor plan company recently measured the home at 1,481 sq.ft.; assessor records reflect 1,378 sq.ft. Buyer to verify.
Location
Los Angeles, Los Angeles County, CA 90027
Open on Google Maps ↗Listed by: Efrat Poulson · Keller Williams Beverly Hills
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
$12,499
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $159,500 · Loan: $1,435,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,939
- Property tax (1.25%)
- $1,661
- Homeowners insurance
- $300
- Mortgage insurance
- $598
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 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $55,825 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 90027 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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