$1,355,000
Original list price: $1,380,000
MLS: 26859319
Beds
8
Baths
4
Sq Ft
2,606
Lot
0.18 ac
Year Built
1920
MLS #
26859319
Days on Market
99
Listed
Jul 14, 2026
Description
A rare opportunity to own a beautifully updated three-unit property in the highly sought-after Melrose Hills neighborhood of Los Angeles. Perfect for investors or owner-users, this versatile property offers excellent income potential ,The front residence is a charming 4-bedroom, 2-bath single-family home featuring hardwood floors throughout, a modern kitchen with stainless steel appliances, recessed lighting, beautifully remodeled bathrooms with contemporary vanities, designer tile, brushed steel fixtures, and private front and rear yards.The property also includes two spacious, fully remodeled 2-bedroom, 1-bath apartments (approximately 900-1,000 sq. ft. each). Each unit offers updated finishes, separate gas and electric meters, and is ideal for generating strong rental income or accommodating extended family. also a possiblity to add an ADU.Ample on-site parking adds to the property's appeal for both owners and tenants.Ideally located near Melrose Avenue, residents enjoy convenient access to boutique shopping, popular restaurants, entertainment, and major transportation routes, providing easy access to Downtown Los Angeles and surrounding areas.For investors seeking additional opportunity, this property may also be purchased together with the adjacent property at 817 N. Harvard Blvd, offered at $1,275,000 for a bigger project.Please do not walk the property or disturb the tenants. Shown by appointment only with a minimum of 24 hours' notice.
Location
Los Angeles, Los Angeles County, CA 90029
Open on Google Maps ↗Listed by: Dafna Tene · Douglas Elliman
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
$10,663
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $135,500 · Loan: $1,219,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,444
- Property tax (1.25%)
- $1,411
- Homeowners insurance
- $300
- Mortgage insurance
- $508
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 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $47,425 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.
★#1 Producing Individual Realtor, Antelope Valley
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