5341 Monterey
Los Angeles, CA, 90042
$1,375,000
Original list price: $1,475,000
MLS: IG26123013
Beds
3
Baths
3
Sq Ft
2,022
Lot
0.12 ac
Year Built
1981
MLS #
IG26123013
Days on Market
65
Listed
Jun 12, 2026
Description
Now presented at $1,375,000! Nestled in Herman, a small artful pocket adjacent to Montecito Heights and Highland Park, this five-tiered property is not only a soulful retreat and a creative haven, but it's also located only 5 miles from downtown L.A. Every inch of this property has been thoughtfully and artfully transformed, with over $450k invested. What used to be a dirt hillside slope was turned into a multi-layered backyard oasis, and inside a fully remodeled kitchen, bathrooms, upgraded lighting and so much more. Practical additions include (but not limited to) a whole house water filtration system, high quality balcony shades, custom window coverings, a soundproof studio room, an additional outdoor storage shed and an EV vehicle charging station. Playful touches include (but also not limited to) custom light switch and electrical covers, towel racks shaped like hands, giant googly eyes overseeing the yard, and a disco ball (to add sparkle to your backyard entertaining, naturally)! Enjoy sweeping views from both front balconies and the top garden terrace, while direct access to Debs Park keeps you steps from nature and hiking trails. With three bedrooms (one lofted) and a soundproof studio, it’s ideal for living, creating, and connecting. A custom fine art piece will be gifted to the next steward, thanking you for caring for this lovingly curated world. Whether you work from home, downtown, at LAUSD, or nearby colleges or travel to different East LA hubs, this colorful, inspiring legacy awaits you.
Location
Los Angeles, Los Angeles County, CA 90042
Open on Google Maps ↗Listed by: Kristen Rainwaters · Coven Real Estate
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
$10,209
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $137,500 · Loan: $1,237,500
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,961
- Property tax (1.25%)
- $1,432
- Homeowners insurance
- $300
- Mortgage insurance
- $516
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 $48,125 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 90042 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
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