$1,400,000
Original list price: $1,599,999
MLS: OC26113592
Beds
—
Baths
—
Sq Ft
3,268
Lot
0.12 ac
Year Built
1928
MLS #
OC26113592
Days on Market
146
Listed
Jun 7, 2026
Description
BOWEN AND CHAMBERLINS ROYAL TRACT LOT 25 - Excellent investment opportunity in a strong rental market near USC, Exposition Park, Downtown Los Angeles, and major transportation corridors. Four-unit income property with upside rental potential and long-term appreciation opportunity. Property subject to Los Angeles Rent Stabilization Ordinance (RSO). Centrally located in a high-demand rental area with proximity to shopping, dining, entertainment, and employment centers. Buyer to verify all income, expenses, permits, zoning, unit count, and rent control regulations.
Location
Los Angeles, Los Angeles County, CA 90037
Open on Google Maps ↗Listed by: Tonya Wilson · Word of Mouth Real Estate Inc
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
$10,870
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $140,000 · Loan: $1,260,000
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,587
- Property tax (1.25%)
- $1,458
- Homeowners insurance
- $300
- Mortgage insurance
- $525
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 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
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 $49,000 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
See Los Angeles, CA 90037 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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