Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

5338 Waldo

Los Angeles, CA, 90041

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$1,699,999

MLS: SB26066788

Beds

3

Baths

2

Sq Ft

2,094

Lot

0.22 ac

Year Built

1962

MLS #

SB26066788

Days on Market

23

Listed

Mar 27, 2026

Description

Panoramic Eagle Rock View Retreat Perched above the city on a private hillside lot, this newly remodeled 3-bedroom, 2-bath home offers approximately 2,100 square feet of living space with sweeping views from nearly every major room. Enjoy panoramic vistas of Eagle Rock, Glendale, Griffith Observatory, and the Studio City skyline from the living room, dining room, kitchen, primary suite, and downstairs third bedroom. Designed for both comfort and entertaining, the home features an updated kitchen with built-in cabinetry, two fireplaces, central air, and beautifully landscaped outdoor living areas. Step outside to an elevated deck and private spa—perfect for sunset dinners, relaxing evenings, or hosting guests under the city lights. The flexible downstairs bedroom can serve as a guest retreat, home office, gym, or creative studio. Set on a spacious hillside lot with room for a future pool, this property combines privacy, views, and lifestyle in one of Eagle Rock’s most desirable settings. Rarely does a home with this combination of views, square footage, outdoor space, and recent renovations come to market. A true hillside retreat above the city. Disclosures: Listing agent is owner. Tax records indicate the property is a 2-bedroom home. The third bedroom is a permitted room but is not permitted as a bedroom. Seller also notes that a wall between the living areas was removed without permits; buyer to verify all permits, square footage, room count, and property condition to their satisfaction.

Location

Los Angeles, Los Angeles County, CA 90041

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Listed by: Luke Berger · Coldwell Banker Envision

Payment estimate

$12,109

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $170,000 · Loan: $1,529,999

%
Principal & Interest
$9,401
Property tax (1.25%)
$1,771
Homeowners insurance
$300
Mortgage insurance
$637
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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 $59,500 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.

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