Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

4123 Chevy Chase Drive

Los Angeles, CA, 90039

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$875,000

MLS: PW25022683

Beds

5

Baths

2

Sq Ft

1,588

Lot

0.16 ac

Year Built

1923

MLS #

PW25022683

Days on Market

23

Listed

Jan 31, 2025

Description

This property will not qualify for any FHA or conventional finance. Must be ALL CASH purchase . Seller will not perform any repairs. Land Value. Good opportunity for an experienced developer and/or investor. This property is a legal 5 bedroom / 2 bath with major electrical , plumbing and roof damages. The home has solar panels which must be paid off by the buyer prior to closing. The home has un permitted rooms and bathrooms. The property is being sold "AS IS" and is subject to short sale approval by three lenders. All interested parties are invited to submit all offers subject to interior inspection with proof of funds and, if applicable, proof of corporation. Do not Disturb Occupants , Please see remarks !

Location

Los Angeles, Los Angeles County, CA 90039

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Listed by: Joseph Fierro · Coldwell Banker Envision

Payment estimate

$6,378

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $87,500 · Loan: $787,500

%
Principal & Interest
$4,839
Property tax (1.25%)
$911
Homeowners insurance
$300
Mortgage insurance
$328
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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 $30,625 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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