Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveDuplex

6845 Alta Loma Terrace

Los Angeles, CA, 90068

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$998,999

MLS: GD26042941

Beds

3

Baths

2

Sq Ft

1,428

Lot

0.08 ac

Year Built

1922

MLS #

GD26042941

Days on Market

48

Listed

Feb 26, 2026

Description

Two Units! Terrific for owner/users looking for supplemental income or investors. This is the lowest priced duplex in the area! Located in the renowned "Hollywood Heights district", this fully renovated duplex is set along a historic walk street just moments from the Hollywood Bowl. The area is known for its distinctive character, artistic community, and rare sense of privacy tucked away from the city. Surrounded by bamboo groves, succulents, and mature trees, the property is a very peaceful, retreat-like environment defined by pedestrian pathways and natural landscaping. The upper unit is a 2BR/1BA with LOTS of natural light and gorgeous views! This unit features an open-concept living area with a wood-burning fireplace, new flooring and paint, a new HVAC system, select new windows, and a completely remodeled kitchen with new stainless-steel appliances. The layout for this unit is ideal for entertaining, with seamless indoor-outdoor flow to the patio/deck. This unit is PERFECT for owner/users! The lower unit (6847) is a studio with one bathroom and tenant occupied. The rich history of the Alta Loma Terrace community includes former residents such as Kurt Cobain of "Nirvana" and his then wife Courtney Love of "Hole", actress Bette Davis, and pioneering Asian-American actor Philip Ahn. The neighborhood is shared with the High Tower area and home to the Otto Bollman House by Lloyd Wright and the historic "High Tower Elevator", which was originally constructed in the early 1920s to provide private access for certain residents of Alta Loma Terrace and the High Tower areas. Hollywood Heights has a "voluntary" Community Association available to owners and tenants (buyers to contact the Hollywood Heights Community Association for more information). Hurry, this won't last!

Location

Los Angeles, Los Angeles County, CA 90068

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Listed by: Susan Broussalian · Oakmont Real Estate Svcs Inc.

Payment estimate

$7,239

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,099

%
Principal & Interest
$5,524
Property tax (1.25%)
$1,041
Homeowners insurance
$300
Mortgage insurance
$375
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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 $34,965 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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