4124 Mercury Avenue
Los Angeles, CA, 90031
(No pictures available yet)
$799,000
MLS: SR26088552
Beds
3
Baths
2
Sq Ft
1,296
Lot
0.25 ac
Year Built
1906
MLS #
SR26088552
Days on Market
9
Listed
Apr 24, 2026
Description
Rare investment and development opportunity in the highly desirable 90031 Los Angeles area. The existing 1,296 square foot home is a fixer and offers the chance to renovate, expand, or redevelop to suit your vision. With generous lot size and dual parcels, the possibilities are plentiful—whether exploring redevelopment, or creating a custom project (buyer to verify all development options with the city). This property presents exceptional potential for developers, investors, or flippers looking to maximize value in a rapidly evolving neighborhood. Conveniently located near major freeways, DTLA, and local amenities, this is a prime opportunity to capitalize on strong demand and ongoing growth in the area. Opportunities with this much land and upside potential are increasingly rare—bring your contractor, architect, and imagination.
Location
Los Angeles, Los Angeles County, CA 90031
Open on Google Maps ↗Listed by: Dennis Chernov · Equity Union
Payment estimate
$5,982
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100
- Principal & Interest
- $4,550
- Property tax (1.25%)
- $832
- Homeowners insurance
- $300
- Mortgage insurance
- $300
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $27,965 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 90031 (Los Angeles)within ±10% of this home's price and size.
$750,000
—
Los Angeles, 90031
$765,000
2700 Lincoln Park Avenue
Los Angeles, 90031
$799,000
116 W Avenue 31
Los Angeles, 90031
$799,990
3224 Griffin
Los Angeles, 90031
(No photos yet)
$849,000
236 S Avenue 22
Los Angeles, 90031
(No photos yet)
$875,000
523521 Clifton St
Los Angeles, 90031
Local Market Stats
See Los Angeles, CA 90031 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.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.