406 E 122nd st
Los Angeles, CA, 90061
$749,900
Original list price: $699,900
MLS: CV26209981
Beds
5
Baths
4
Sq Ft
2,400
Lot
0.20 ac
Year Built
1954
MLS #
CV26209981
Days on Market
14
Listed
Sep 25, 2026
Description
Welcome to this unique single-family residential property offering an expansive backyard and three unpermitted additional units, creating an attractive opportunity for buyers seeking additional space and potential income-producing uses. The main residence provides the foundation of this property, while the spacious rear lot features three additional units that have been constructed in a professional, workmanlike manner and are currently being utilized as income-producing assets. The backyard configuration offers a unique setup with multiple structures, providing flexibility for extended family, guests, workspace, or rental purposes, subject to all applicable laws, permits, zoning requirements, and buyer verification. Buyer and buyer’s agent are strongly advised to conduct their own independent due diligence regarding the condition, permitted status, zoning, legality, square footage, utilities, occupancy, rental use, and potential future use of all structures on the property. The three additional units are unpermitted, and buyers should independently verify all information with the appropriate governmental agencies and authorities. Listing agent and seller make no representations or warranties regarding the legality, permitting, code compliance, rental status, income, or future use of the additional structures. Listing agent is not responsible or liable for information provided regarding the listing, and buyers should satisfy themselves through their own investigations and inspections. The location adds to the appeal, with shopping centers, schools, restaurants, everyday conveniences, and other amenities located nearby, while convenient freeway access provides connectivity to surrounding communities and employment centers. Buyer to independently verify all property information, including but not limited to permits, zoning, square footage, bedroom/bathroom count, rental income, occupancy, utilities, and the legality and permitted status of all structures. Buyer and buyer’s agent to conduct their own due diligence.
Location
Los Angeles, Los Angeles County, CA 90061
Open on Google Maps ↗Listed by: Eduardo Rocha · LONESTAR REAL ESTATE SERVICES
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
$6,035
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $74,990 · Loan: $674,910
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,673
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
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 $26,247 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 90061 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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