5129 Brea Crest
Los Angeles, CA, 90043
$1,565,000
MLS: PW26159927
Beds
4
Baths
2
Sq Ft
3,103
Lot
0.25 ac
Year Built
1941
MLS #
PW26159927
Days on Market
24
Listed
Jul 28, 2026
Description
Welcome to 5129 Brea Crest Dr, Los Angeles! What a rare opportunity to own a true hillside gem with breathtaking panoramic views and endless potential! This 4-bedroom, 2-bath home is ready to be reimagined and restored to its full glory. Perched on a desirable view lot, the property offers spectacular vistas, dazzling city lights, unforgettable sunsets, and a sparkling pool, creating the perfect setting for an exceptional indoor-outdoor lifestyle. As you step through the front door, you are immediately greeted by an incredible, seemingly endless view of the Los Angeles Basin and your oversized pool. The living room opens to a balcony that extends to the dining area, allowing you to take in the sweeping skyline, spectacular sunsets, and twinkling city lights from the home's main living spaces while creating a seamless connection between indoor comfort and the breathtaking outdoors. The lower level features a spacious entertainment loft complete with a built-in bar, offering endless possibilities for entertaining, a game room, or a flexible living space. Adjacent to the pool is a separate structure with excellent potential to be transformed into a pool house, guest retreat, studio, or cabana (buyer to verify all possibilities). Originally built in the 1940s by a well-known professional wrestler, this home carries a unique piece of Hollywood-era history and character. Whether you're an investor, developer, or buyer looking to create your dream home, this is a rare chance to renovate a property with an incredible setting, captivating views, and timeless appeal. Come and take a look and bring your vision and unlock the extraordinary potential of this one-of-a-kind view property!
Location
Los Angeles, Los Angeles County, CA 90043
Open on Google Maps ↗Listed by: Rachel Turner · Coldwell Banker Realty
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
$11,559
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $156,500 · Loan: $1,408,500
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,042
- Property tax (1.25%)
- $1,630
- Homeowners insurance
- $300
- Mortgage insurance
- $587
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 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
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 $54,775 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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