409 E 99th Street
Los Angeles, CA, 90003
$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
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.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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