646 S Record Avenue
Los Angeles, CA, 90023
$799,999
MLS: DW26027021
Beds
3
Baths
2
Sq Ft
1,280
Lot
0.19 ac
Year Built
1921
MLS #
DW26027021
Days on Market
60
Listed
Feb 17, 2026
Description
Opportunity knocks with this property sitting on a LARGE 8,156 sq ft sized lot TO BUILD 4 UNITS (LCR4YY-zoned), offering outstanding development and income-producing potential. Whether you’re an investor, builder, or owner-user, this property delivers flexibility and endless possibilities. This charming 3 bedroom 2 bathroom single-family home features a bright living and dining area AND A BONUS FAMILY ROOM. Home features original hardwood-style cabinetry, and a spacious kitchen with ample storage and breakfast nook AND CENTRAL AIR CONDITIONING / HEATING. Interior highlights include tile flooring, ceiling fans, generously sized bedrooms, and well-kept bathrooms with vintage tile charm. Outside, the property truly shines. A long private driveway, oversized grassy yard, mature FRUIT trees, and detached 2 car garage offer endless possibilities for expansion, additional units, or future development. The large flat lot is ideal for maximizing density under LCR4YY zoning, which allows for multi-family residential use and long-term income generation. Centrally located near schools, shopping, dining, and major commuter routes. A rare chance to secure land, zoning, and future upside in one powerful package. Buyer to verify zoning, development potential, and permitted uses with the city.
Location
Los Angeles, Los Angeles County, CA 90023
Open on Google Maps ↗Listed by: Anabella Jimenez · CENTURY 21 REALTY MASTERS
Payment estimate
$5,857
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $80,000 · Loan: $719,999
- Principal & Interest
- $4,424
- Property tax (1.25%)
- $833
- Homeowners insurance
- $300
- Mortgage insurance
- $300
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 $28,000 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
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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