5545 Spokane Street
Los Angeles, CA, 90016
$1,849,000
MLS: 26845335
Beds
3
Baths
2
Sq Ft
2,258
Lot
0.13 ac
Year Built
1944
MLS #
26845335
Days on Market
3
Listed
Jun 9, 2026
Description
A rare two-on-a-lot Modern compound, this special property offers two separate residences on a generous lot featuring a completely remodeled 3BD, 2BA main house and a newer built 2 story 3BD, 3BA ADU. Each well designed and separated thoughtfully with private yards. Entering off the porch, the main front residence has vaulted ceilings, massive skylights and large new windows that brighten the space with natural light. The renovated cook's kitchen with center island opens to the living room while the bedrooms and freshly tiled baths are down the hallway. Privately situated toward the rear of the lot, the second residence lives as a full standalone home, offering three bedrooms and three baths with a 2 car garage and is currently rented for $4,250 per month. It's the perfect owner/user or investment property that offers versatility without sacrificing privacy. Both residences have their own private yards, central HVAC, abundant off street parking and are separately metered for gas and electric. Located in the "sweet spot" of West Adams just east of Culver City, the residences enjoy exceptional walkability to Whole Foods, parks, Gymtonic, Alta and Muso Coffee. A distinctive Modern mini compound offering flexibility, character, and prime location in a treasured community convenient to downtown and the beach.
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Grant Linscott · Keller Williams Realty Los Feliz
Payment estimate
$13,460
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $184,900 · Loan: $1,664,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $10,540
- Property tax (1.25%)
- $1,926
- Homeowners insurance
- $300
- Mortgage insurance
- $693
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $64,715 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.
Similar Homes Nearby
Active and pending listings in ZIP 90016 (Los Angeles)within ±10% of this home's price and size.
Local Market Stats
See Los Angeles, CA 90016 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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.