Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractDuplex

542 N Kilkea Drive

Los Angeles, CA, 90048

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$1,999,950

MLS: SR25146034

Beds

5

Baths

5

Sq Ft

3,376

Lot

0.16 ac

Year Built

1926

MLS #

SR25146034

Days on Market

273

Listed

Jul 1, 2025

Description

**Huge price reduction for a quick sale! ** An incredible and rare opportunity to own two fully renovated homes on one of the largest parcels in Beverly Grove! Set behind privacy hedges, this exceptional property features two standalone residences, each with private entrances. Ideal for owner-occupants, multi-generational living, or investors. 542 N Kilkea Drive is a single-story Spanish-style home with cathedral ceilings, three spacious bedrooms, ensuite master bathroom, plus a second full bathroom. Inside, enjoy a bright, open layout and warm, inviting living space ideal for both entertaining and everyday comfort. The front door opens to a private yard with lush landscaping and a newly poured patio, perfect for outdoor dining or quiet morning coffee. 8116 Clinton Street is a two-story home with two sizable bedrooms, ensuite master bathroom, plus two additional full bathrooms, and custom closets. Take in a view of the Hollywood Hills from the master bedroom, relax on the balcony and watch a beautiful California sunset, or take a seat in the entry courtyard and unwind under the canopy of the beautiful tree that serves as the centerpiece to the home’s entrance. In the rear, take a dip in the newly built, fully heated saltwater pool with in-water barstools and waterfall, surrounded by lush green lawn. A two-car garage serves the Clinton residence; the Kilkea residence features ample street parking. Both homes have been fully transformed, including updated electrical and plumbing systems, energy-efficient windows, new kitchens with Samsung stainless steel appliances, central AC/heat, tankless water heaters, smart-home enabled, security suite with CCTV, and restored original hardwood flooring. Both homes are delivered vacant and are income-ready with high rental potential. Live in one, rent the other - or lease both and hold a premier dual-income asset in one of LA's most walkable zones. The Melrose Place Farmers Market, Melrose Trading Post, Grove, Beverly Center, and Fairfax District are within minutes. Don’t miss this one-of-a-kind property offering space, privacy, and flexibility.

Location

Los Angeles, Los Angeles County, CA 90048

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Listed by: Ali Dehdashty · Amluck Realty Inc.

Payment estimate

$14,192

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $199,995 · Loan: $1,799,955

%
Principal & Interest
$11,059
Property tax (1.25%)
$2,083
Homeowners insurance
$300
Mortgage insurance
$750
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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 $69,998 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.

Local Market Stats

See Los Angeles, CA 90048 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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