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3975 S Van Ness Avenue

Los Angeles, CA, 90062

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$699,000

Original list price: $745,000

MLS: 26989089

Beds

4

Baths

2

Sq Ft

1,856

Lot

0.13 ac

Year Built

1923

MLS #

26989089

Days on Market

29

Listed

Sep 16, 2026

Description

MAJOR PRICE REDUCTION: PRICED TO SELL! Investors and income-property buyers, take another look at this Leimert Park opportunity. The seller has made a significant price adjustment, creating an opportunity to acquire a side-by-side Craftsman duplex in one of Los Angeles established rental markets. Each unit offers approximately 928 sq. ft. with 2 bedrooms and 1 bath, providing a desirable and functional unit mix. Features include open floor plans, original built-in cabinetry, linen closets, bamboo and tile flooring, plus separate side and rear entrances for added tenant privacy. The property also offers a detached two-car garage, a long driveway with ample off-street parking, and additional storagevaluable features for an income-producing property. Conveniently located near Leimert Park Village, USC, Culver City, Downtown Los Angeles, Metro transit, shopping, dining, and major transportation corridors. The new reduced price creates an attractive entry point for investors seeking rental income, long-term appreciation, and future upside. The seller will consider all reasonable offers!

Location

Los Angeles, Los Angeles County, CA 90062

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Listed by: Walter Castillo · Coldwell Banker 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

$5,646

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,356
Property tax (1.25%)
$728
Homeowners insurance
$300
Mortgage insurance
$262
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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 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 $24,465 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.

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Local Market Stats

See Los Angeles, CA 90062 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

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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.