Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

409 E 99th Street

Los Angeles, CA, 90003

1 / 10View all 10 photos

$449,000

MLS: 24439263

Beds

2

Baths

1

Sq Ft

576

Lot

0.12 ac

Year Built

1926

MLS #

24439263

Days on Market

35

Listed

Aug 12, 2024

Description

This project is RTI !!! Welcome to this promising 2-bedroom, 1-bathroom home situated on a generous 5,094 square foot lot. This property represents an excellent investment opportunity, ideal for those looking to enhance value through remodeling. The home features a front driveway leading to a convenient garage, and the spacious lot includes a rear wall surrounding the rear yard, providing added privacy and security. While the house is in need of significant remodeling, it offers a blank canvas ready for your vision. Whether you're an experienced renovator or a first-time homeowner eager to undertake a project, this property holds great potential for transformation. Don't miss out on this chance to capitalize on a solid investment opportunity. Act now and make this house a true gem!

Location

Los Angeles, Los Angeles County, CA 90003

Open on Google Maps ↗

Listed by: Craig Shapiro · Redfin

Payment estimate

$3,419

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $44,900 · Loan: $404,100

%
Principal & Interest
$2,483
Property tax (1.25%)
$468
Homeowners insurance
$300
Mortgage insurance
$168
Open the full calculator →

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 $15,715 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.

Similar Homes Nearby

Active and pending listings in ZIP 90003 (Los Angeles) within ±10% of this home's price and size.

Local Market Stats

See Los Angeles, CA 90003 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

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access