Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

5747 3rd Avenue

Los Angeles, CA, 90043

1 / 7View all 7 photos

$499,900

MLS: 25627255

Beds

4

Baths

1

Sq Ft

2,093

Lot

0.12 ac

Year Built

1923

MLS #

25627255

Days on Market

76

Listed

Dec 10, 2025

Description

This property presents an excellent investment opportunity in a sought-after Los Angeles neighborhood. It features 4 bedrooms, 1 bath, and a partially permitted but unfinished Accessory Dwelling Unit (ADU), plus a garage that could be converted into a second ADU for added income. **The buyer will be responsible for retaining the current tenants at the close of escrow and addressing the substandard condition ( believed to be due to the ADU not being completed ) with the Los Angeles Department of Building and Safety after closing.** These terms are non-negotiable, making this a prime choice for savvy investors seeking to maximize value.

Location

Los Angeles, Los Angeles County, CA 90043

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Listed by: Robert Pitts · Robert Pitts Luxury Estates

Payment estimate

$3,773

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,990 · Loan: $449,910

%
Principal & Interest
$2,764
Property tax (1.25%)
$521
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 $17,497 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 90043 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

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