Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

5506 Holmes

Los Angeles, CA, 90058

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$499,000

MLS: CV26050288

Beds

2

Baths

1

Sq Ft

912

Lot

0.11 ac

Year Built

1922

MLS #

CV26050288

Days on Market

33

Listed

Mar 7, 2026

Description

A charming little house located near downtown Los Angeles, close to schools, hospitals, and shops. This property is ideal for families, first-time buyers, or investors. 2 bedrooms, 1 bathroom large indoor laundry room. *ACCEPTING BACK UP OFFERS*

Location

Los Angeles, Los Angeles County, CA 90058

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Listed by: Ana Umana · REALTY ONE GROUP MASTERS

Payment estimate

$3,766

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100

%
Principal & Interest
$2,759
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
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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 $17,465 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.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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