432 N Commonwealth
Los Angeles, CA, 90004
$899,000
MLS: OC26060860
Beds
4
Baths
2
Sq Ft
1,432
Lot
0.17 ac
Year Built
1952
MLS #
OC26060860
Days on Market
26
Listed
Mar 20, 2026
Description
Fixer opportunity in a prime Central Los Angeles location. This 4-bedroom, 2-bath home offers approximately 1,432 sq ft of living space and is ready for a full reposition. Situated in a high-demand rental and resale market, the property benefits from close proximity to major employment hubs, transit, and key lifestyle amenities. The surrounding area continues to experience strong appreciation driven by ongoing redevelopment trends and a consistent influx of buyers and renters seeking centrally located housing. This is a true value-add opportunity ideal for investors looking to rehab and flip, create a long-term rental, or reposition into a modernized income-producing asset. The neighborhood is known for its strong rental demand and continued renovation activity, with updated properties commanding premium resale prices and rents. With convenient access to major freeways, public transit, and nearby retail and dining, this location supports both short-term upside and long-term growth potential. Bring your contractor and vision—opportunities in this desirable Central LA market at this entry point are rare! Call your Realtor to schedule a tour and make an offer today!
Location
Los Angeles, Los Angeles County, CA 90004
Open on Google Maps ↗Listed by: Jessica Nieto · eXp Realty of California Inc
Payment estimate
$6,545
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,900 · Loan: $809,100
- Principal & Interest
- $4,971
- Property tax (1.25%)
- $936
- Homeowners insurance
- $300
- Mortgage insurance
- $337
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 $31,465 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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