ActiveSingleFamilyResidence

4020 W Avenue 40

Los Angeles, CA, 90065

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$1,198,000

MLS: CV26070656

Beds

3

Baths

3

Sq Ft

1,649

Lot

0.12 ac

Year Built

1937

MLS #

CV26070656

Days on Market

20

Listed

Apr 2, 2026

Description

Don't miss this wonderful opportunity to own this beautiful home in the desirable city of Glassel Park. This home has been thoughtfully renovated with the latest updates that include new white oak cabinets, new stainless-steel appliances, Paid Solar panels, AC unit, new flooring throughout, remodeled bathrooms, new interior, exterior paint along with a permitted 16x36'6" rear addition. This amazing home also features a basement that has been finished and can be used as an office, game room, theater room or additional bedroom. This home also includes an attached studio with separate entrance that has its own kitchenet and full bathroom. Additional key feature is the long driveway with plenty of parking space.

Location

Los Angeles, Los Angeles County, CA 90065

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Listed by: Edwin Hernandez · 300 REALTY

Payment estimate

$8,622

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $119,800 · Loan: $1,078,200

%
Principal & Interest
$6,625
Property tax (1.25%)
$1,248
Homeowners insurance
$300
Mortgage insurance
$449
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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 $41,930 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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