427 N Bixel Street
Los Angeles, CA, 90026
$1,300,000
MLS: 26835341
Beds
2
Baths
1
Sq Ft
1,199
Lot
0.16 ac
Year Built
1887
MLS #
26835341
Days on Market
31
Listed
May 17, 2026
Description
427 N Bixel St, Los Angeles, CA 90026 is a small single-family residence situated in a dense urban pocket just west of Downtown Los Angeles, near the boundary of the Westlake and Echo Park corridors. Positioned on an approximately 50 x 140 lot, the property benefits from a relatively deep parcel size for the area and reflects classic early Los Angeles housing stock originally constructed in the late 1800s. Surrounding the property is a rapidly evolving urban environment composed of older single-family homes, low-rise apartment buildings, and an increasing number of multifamily and infill redevelopment projects. The neighborhood offers strong connectivity to Downtown LA, Echo Park, Silver Lake, major freeway corridors, and public transportation, making it a highly desirable location for both residents and developers.The property is zoned R4(CW)-75/3-O, a high-density multifamily zoning designation within the Central City West Specific Plan area, allowing for significant redevelopment potential. The zoning permits high-density residential development with a 75-foot height limit and a 3:1 floor area ratio, creating the opportunity for a mid-rise apartment or mixed residential project. Based on the approximate 7,000 square foot lot size, the site may support an estimated 21,000 square feet of buildable area before incentives, with potential for additional density through affordable housing or transit-oriented development programs, subject to city approvals. Overall, the property derives substantial value from its underlying land and redevelopment potential rather than the existing improvements, positioning it as a compelling opportunity for investors, developers, or long-term land holders seeking exposure to one of Los Angeles' most actively transforming urban submarkets.
Location
Los Angeles, Los Angeles County, CA 90026
Open on Google Maps ↗Listed by: David Gomez · Keller Williams Beverly Hills
Payment estimate
$9,552
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $130,000 · Loan: $1,170,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,411
- Property tax (1.25%)
- $1,354
- Homeowners insurance
- $300
- Mortgage insurance
- $488
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $45,500 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 90026 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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