5723 Cimarron Street
Los Angeles, CA, 90062
$700,000
Original list price: $756,000
MLS: PW26198760
Beds
2
Baths
2
Sq Ft
1,720
Lot
0.13 ac
Year Built
1922
MLS #
PW26198760
Days on Market
37
Listed
Sep 18, 2026
Description
PRICE IMPROVEMENT!!!!!!! JUST DROPPED! GREAT INVESTMENT OPPORTUNITY IN LOS ANGELES. Excellent opportunity to own a two-unit duplex, with each unit offering 2 bedrooms and 2 baths. This tenant occupied property presents a great opportunity for owner/users. buyers and investors to add value and build equity. The property needs some work and is being sold in its current condition, offering plenty of potential for renovation and improvement. One unit already has new flooring throughout. The property features garages for each unit and plenty of back yard space. Conveniently located in Los Angeles on a large street also with front parking, it has access to freeways, shopping, schools, and quiet neighborhood. Property is tenant occupied. DO NOT DISTURB TENANTS. Showings and access are subject to seller instructions and applicable tenant requirements. Buyer and buyer's agents to verify all property details, permits, sq ft, zoning, and intended use independently. Bring your vision and unlock the potential of this income producing investment.
Location
Los Angeles, Los Angeles County, CA 90062
Open on Google Maps ↗Listed by: Michelle Fields · Coldwell Banker Envision
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
$5,619
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $70,000 · Loan: $630,000
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,328
- Property tax (1.25%)
- $729
- Homeowners insurance
- $300
- Mortgage insurance
- $263
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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $24,500 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 90062 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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