$650,000
Original list price: $1,300,000
MLS: 25534355
Beds
3
Baths
1
Sq Ft
1,172
Lot
0.17 ac
Year Built
1915
MLS #
25534355
Days on Market
464
Listed
May 6, 2025
Description
Complete fixer or tear-down! Don't miss this prime investment opportunity in the thriving El Sereno neighborhood. This spacious 7,500 SF lot, with rare C4-1XL zoning, opens the door to endless possibilities whether it's for commercial development or a vibrant mixed-use live/work project. Conveniently located just minutes from Downtown LA, South Pasadena, Highland Park, Dodger Stadium, and Cal State LA, the property also offers seamless access to the 5, 10, and 110 freeways. El Sereno is a neighborhood on the rise, featuring recent enhancements like a new post office, library, and community garden. The lot's level terrain, coupled with alley and main road access, simplifies construction. The property currently includes a single-family home with a detached garage. Drive by and envision the potential no showings of the structures.
Location
Los Angeles, Los Angeles County, CA 90032
Open on Google Maps ↗Listed by: Sydney Shand · Nourmand & Associates-BH
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,984
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,763
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
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 Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
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 $22,750 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 90032 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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