516 N Mansfield Avenue
Los Angeles, CA, 90036
$1,999,000
MLS: 26844015
Beds
3
Baths
3
Sq Ft
2,038
Lot
0.11 ac
Year Built
1924
MLS #
26844015
Days on Market
8
Listed
Jun 5, 2026
Description
Beautifully reimagined 1924 Spanish bungalow with a detached guest retreat (approximately 298 square feet with full bath) in the heart of Hancock Park. Thoughtfully renovated while preserving its original charm, this residence is filled with natural light and showcases classic architectural details, graceful archways, seamless indoor-outdoor flow, and a full suite of modern upgrades. A lush approach sets the tone past a curated succulent garden, Japanese maple, and mature bamboo hedging, a custom wood gate opens to a serene and private oasis. The outdoor spaces are designed for effortless living, from quiet mornings on the front porch swing to afternoons on the expansive deck. Inside, timeless character is on full display with a pristine Batchelder fireplace, original wood casement windows, rich hardwood floors, and a refined study complete with custom built-ins and integrated workspace. The living room features vaulted ceilings and flows naturally into an oversized dining room that opens to a charming side courtyard. The kitchen is both elegant and functional, appointed with Carrera marble countertops, a commercial-grade Thermador range, custom cabinetry, a separate laundry room and pantry, and a sunlit breakfast area with French doors leading to the backyard. The spacious primary suite offers a true retreat, featuring an en suite bath, California Closets, and French doors that open to a private deck and courtyard. Additional upgrades include central HVAC, a tankless water heater, updated windows, and thoughtfully designed outdoor lighting. Ideally located within close proximity to Melrose and La Brea, this is a rare offering that seamlessly blends character, privacy, and modern living
Location
Los Angeles, Los Angeles County, CA 90036
Open on Google Maps ↗Listed by: Feroz Taj · The Agency
Payment estimate
$14,527
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $199,900 · Loan: $1,799,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $11,395
- Property tax (1.25%)
- $2,082
- Homeowners insurance
- $300
- Mortgage insurance
- $750
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $69,965 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 90036 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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