540 W 93rd
Los Angeles, CA, 90044
$540,000
MLS: PW26037313
Beds
3
Baths
1
Sq Ft
1,250
Lot
0.14 ac
Year Built
1903
MLS #
PW26037313
Days on Market
18
Listed
Feb 19, 2026
Description
Opportunity knocks for investors or savvy buyers willing to put in some work! This 1903 bungalow sits on a generous 6,021 square foot lot in Los Angeles and offers approximately 1,250 square feet of living space. Public records indicate two bedrooms , yet the home presents as three true bedrooms, plus a storage room, providing flexibility for sleeping quarters, a home office or a guest room. A full bathroom serves all rooms. The long driveway offers off- street parking and leads to a sizable backyard shaded by mature trees—there’s plenty of room for gardening, play space or potential expansion (verify local zoning). This is a probate sale subject to court confirmation. The property needs significant repairs, and it is ideal for cash buyers or those using a renovation loan. Bring your contractor and vision—there’s tremendous upside potential in rehabbing this classic Los Angeles home and maximizing its large lot and sensible floor plan. Priced to sell quickly, this property will likely not qualify for standard FHA financing. However, with vision and sweat equity, you can transform this house into a charming residence or profitable investment.
Location
Los Angeles, Los Angeles County, CA 90044
Open on Google Maps ↗Listed by: Kristina Fruneaux · Coldwell Banker Envision
Payment estimate
$4,051
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $54,000 · Loan: $486,000
- Principal & Interest
- $2,986
- Property tax (1.25%)
- $563
- Homeowners insurance
- $300
- Mortgage insurance
- $203
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 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 $18,900 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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