5310 Fernfield Drive
Los Angeles, CA, 90022
$515,000
Original list price: $599,000
MLS: 26856589
Beds
2
Baths
1
Sq Ft
768
Lot
0.18 ac
Year Built
1957
MLS #
26856589
Days on Market
36
Listed
Jul 7, 2026
Description
Great opportunity in the heart of Los Angeles! Situated on a generously sized lot, especially notable for the East LA area where many lots tend to be smaller, this property offers valuable outdoor space and plenty of potential. The home features comfortable interior living areas, good natural light, wood-style flooring in portions of the home, tile flooring in the bathroom, and a functional layout with room to personalize. The covered rear patio and spacious lot provide added flexibility for outdoor entertaining, storage, parking, gardening, or future improvement possibilities. The property could benefit from some TLC, making it a great option for buyers looking to customize, improve, or add value over time. Currently tenant occupied, and tenant is currently paying $1,200 per month on a month to month lease. Conveniently located near major freeways, shopping, dining, schools, and everyday amenities. A solid opportunity for an owner-user or investor seeking upside potential in a well-located Los Angeles neighborhood.
Location
Los Angeles, Los Angeles County, CA 90022
Open on Google Maps ↗Listed by: Louis Chavez · Exp Commercial of California, Inc.
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
$4,239
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $51,500 · Loan: $463,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,209
- Property tax (1.25%)
- $536
- Homeowners insurance
- $300
- Mortgage insurance
- $193
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $18,025 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.
Similar Homes Nearby
Active and pending listings in ZIP 90022 (Los Angeles)within ±10% of this home's price and size.
Local Market Stats
See Los Angeles, CA 90022 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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.