748 N Detroit Street
Los Angeles, CA, 90046
$3,900,000
Original list price: $4,600,000
MLS: 26834015
Beds
5
Baths
6
Sq Ft
5,345
Lot
0.15 ac
Year Built
2015
MLS #
26834015
Days on Market
93
Listed
May 13, 2026
Description
Located in the heart of Melrose Village, this newly remodeled contemporary residence blends modern design, functionality, and income-producing potential. Offered fully furnished and turnkey (optional at Seller's discretion), 748 N Detroit Street presents a rare opportunity for both end-users and investors seeking a luxury home with proven short and long-term rental history and optional professional management in place. The property may be delivered with a potential long-term tenant for immediate cash flow or delivered vacant for owner occupancy. Spanning two levels, the home features soaring ceilings, an impressive staircase entry, and an open-concept floor plan designed for seamless indoor-outdoor living. The chef's kitchen is equipped with premium Thermador stainless steel appliances, including a six-burner range, oversized center island with prep sink, built-in microwave, and generous cabinetry and counter space. The main level includes an en-suite guest bedroom ideal for visitors, office, or flex space. Expansive sliding glass doors open the living area to a private resort-style backyard complete with pool, spa, built-in BBQ, covered cabana, and multiple lounge and entertaining areas. Upstairs, the primary suite offers vaulted ceilings, dual walk-in closets, and a private terrace overlooking the grounds. The spa-inspired primary bath features a soaking tub, glass-enclosed shower, and dual vanities. Three additional en-suite bedrooms plus a den/lounge area complete the upper level.Additional amenities include integrated smart home automation, security system, and built-in audio throughout. A rare offering combining luxury lifestyle, flexibility, and strong investment appeal in one of Los Angeles' most sought-after neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90046
Open on Google Maps ↗Listed by: Patrick Michael · Serhant California, 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
$28,404
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $390,000 · Loan: $3,510,000
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $22,579
- Property tax (1.25%)
- $4,063
- Homeowners insurance
- $300
- Mortgage insurance
- $1,463
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 Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
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 $136,500 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 90046 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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