447 E 124th
Los Angeles, CA, 90061
$779,999
MLS: DW26024510
Beds
4
Baths
2
Sq Ft
1,352
Lot
0.34 ac
Year Built
1964
MLS #
DW26024510
Days on Market
27
Listed
Feb 6, 2026
Description
This 4-bedroom, 2-bath home offers 1,352 sq. ft. of living space on a rare 14,995 sq. ft. **L-shaped lot** Positioned toward the back of the property, it features a large front yard with excellent potential for future use (buyer to verify). Per title, the property is a legal 3 bed / 2 bath. Two additional rooms were created by enclosing a former patio and are not reflected in public records. Both bathrooms have been fully remodeled with modern tile and walk-in showers. The kitchen includes cabinetry and Formica countertops, and the living room features a fireplace. The home needs cosmetic updating and can suit a first-time buyer, while the lot size and layout also make it appealing to an investor or developer. Conveniently located near the 110, 105, and 91 freeways and close to Magic Johnson Park.
Location
Los Angeles, Los Angeles County, CA 90061
Open on Google Maps ↗Listed by: Chelsie Arellano · Realty World Experts
Payment estimate
$5,718
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $78,000 · Loan: $701,999
- Principal & Interest
- $4,313
- 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 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 $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
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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