Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingQuadruplex

4326 Hammel St

Los Angeles, CA, 90022

1 / 17View all 17 photos

$1,180,000

MLS: WS26012640

Beds

8

Baths

4

Sq Ft

3,157

Lot

0.34 ac

Year Built

1921

MLS #

WS26012640

Days on Market

51

Listed

Jan 18, 2026

Description

TOP INVESTMENT OPPORTUNITY BACK ON MARKET (buyer couldn't perform) — Rare value-add multifamily in East Los Angeles consisting of 4 units, 8 bedrooms and 4 bathrooms, totaling 3,157 sq ft. Property to be delivered 100% VACANT! Providing immediate flexibility for renovation, repositioning, or long-term hold strategy. Situated on a huge 14,665 sq ft lot with SB9-eligible zoning, the property offers exceptional redevelopment and land value potential. Per local planning information, it may allow up to 4 ADUs, 2 stories, up to 25 ft in height, and approximately 4,800 sq ft of total ADU potential (buyer to verify). Perfectly timed ahead of major events like the 2026 FIFA World Cup, Super Bowl LXI, and 2028 LA Olympics, offering strong short-term/Airbnb income potential during high-demand periods. Property sold as-is. Cash or hard-money buyers preferred. Buyer to verify all information including zoning, SB9 eligibility, ADU potential, unit count, square footage, permits, development possibilities, and compliance with short-term rental rules.

Location

Los Angeles, Los Angeles County, CA 90022

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Listed by: Peilin Yang · Wetrust Realty

Payment estimate

$8,497

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $118,000 · Loan: $1,062,000

%
Principal & Interest
$6,525
Property tax (1.25%)
$1,229
Homeowners insurance
$300
Mortgage insurance
$443
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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 $41,300 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.

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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