4098 W 23rd Street
Los Angeles, CA, 90018
$860,000
MLS: 26997917
Beds
6
Baths
2
Sq Ft
2,996
Lot
0.18 ac
Year Built
1924
MLS #
26997917
Days on Market
10
Listed
Oct 6, 2026
Description
Investor/Developer Opportunity on a 7,000+ SF Corner Lot! This property is currently configured as a duplex, both units are owner occupied and will be delivered VACANT. Both units offer a similar and spacious floor plan, with 3 bedrooms, 1.25 baths, living room, dining area and kitchen.The property sits on a large corner lot of over 7,000 square feet, offering investors and developers an opportunity to explore the potential of the site while having an existing duplex configuration in place. Public records show the property is zoned LARD2 and located within a TOC Tier 3 area. Buyer to independently verify zoning, TOC eligibility, development potential, allowable uses, density and all other property information with the City of Los Angeles.Located in Mid-City Los Angeles, an area seeing continued investment and development, with convenient access to transportation, shopping, dining and major employment centers. Whether you're looking for a value-add project, holding property or exploring future development possibilities, this is an opportunity worth taking a closer look at. Bring your plans and your investors!
Location
Los Angeles, Los Angeles County, CA 90018
Open on Google Maps ↗Listed by: Hilda Hernandez · Berkshire Hathaway HomeServices California Properties
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
$6,877
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $86,000 · Loan: $774,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,359
- Property tax (1.25%)
- $896
- Homeowners insurance
- $300
- Mortgage insurance
- $323
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 $30,100 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 90018 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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