Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

462 N Flores Street

Los Angeles, CA, 90048

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$2,225,000

MLS: 25630439

Beds

3

Baths

3

Sq Ft

0

Lot

0.13 ac

Year Built

1925

MLS #

25630439

Days on Market

37

Listed

Dec 22, 2025

Description

Incredible opportunity to build your own dream property located on one of the finest streets in Beverly Grove. Close to many shops and locales on an incredible tree lined street. Sold for land value with structure in place that buyer may or may not utilize. Seller financing available to qualified buyers.

Location

Los Angeles, Los Angeles County, CA 90048

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Listed by: Dustin Nicholas · Nicholas Property Group

Payment estimate

$15,756

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $222,500 · Loan: $2,002,500

%
Principal & Interest
$12,304
Property tax (1.25%)
$2,318
Homeowners insurance
$300
Mortgage insurance
$834
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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 $77,875 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 90048 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

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