425 N Eastern Avenue
Los Angeles, CA, 90022
$779,995
Original list price: $799,995
MLS: 26841663
Beds
4
Baths
2
Sq Ft
1,392
Lot
0.16 ac
Year Built
1923
MLS #
26841663
Days on Market
68
Listed
Jun 1, 2026
Description
Exceptional opportunity to own two fully remodeled homes on one lot, both delivered vacant and ready for immediate occupancy. Ideal for owner-users, investors, multi-generational living, or buyers seeking rental income potential. Located in the unincorporated area of East Los Angeles, each residence offers 2 bedrooms, 1 bathroom, and a private entrance, providing independence and flexibility. Extensive upgrades include a new roof, rewired electrical system, reinforced foundation, updated plumbing, luxury vinyl flooring, new kitchen cabinets and countertops, remodeled bathrooms, recessed lighting, and fresh interior and exterior paint. Truly move-in ready. The spacious, shaded backyard offers ample room for outdoor entertaining and potential ADU development (buyer to verify with appropriate agencies). A long driveway provides parking for up to three vehicles. Conveniently located near Cesar Chavez Avenue with easy access to shopping, dining, schools, public transportation, and neighborhood amenities. Centrally situated near the 5, 10, 60, and 710 freeways, providing convenient access throughout Los Angeles. Rarely does a property offering two vacant, turnkey homes on one lot become available. An outstanding opportunity for homeowners and investors alike seeking versatility, income potential, and long-term value in a prime East Los Angeles location.
Location
Los Angeles, Los Angeles County, CA 90022
Open on Google Maps ↗Listed by: Arvin Azaradibi · KRE8 Realty
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
$5,930
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $78,000 · Loan: $701,995
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,525
- Property tax (1.25%)
- $812
- Homeowners insurance
- $300
- Mortgage insurance
- $292
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
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 $27,300 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
See Los Angeles, CA 90022 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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