$3,995,000
MLS: 26831545
Beds
5
Baths
6
Sq Ft
4,267
Lot
0.15 ac
Year Built
1938
MLS #
26831545
Days on Market
43
Listed
Sep 8, 2026
Description
Three residences on one gated lot in the heart of the Melrose Place neighborhood. A designer compound with a flexibility almost nothing else in the category offers. Own it, live in one and rent two, or house family across all three. Two of the residences sit within a 1938 Spanish hacienda, restored with a light hand and finished properly: Sub-Zero and Wolf, single-level layouts, 2 bedrooms and 2 baths across roughly 1,500 sf each. Period character intact, systems and surfaces current. The third unit is its own building. A 2017 contemporary, reached through the gated drive, opens into a two-level volume that reads more gallery than residence. Exquisite Surfaces stone underfoot, 12-inch French white oak in the living areas, custom metal and millwork throughout. The kitchen centers on a European stone island with Sub-Zero drawers and Gaggenau and Miele appliances. Vola fittings, slab showers, custom stone vanities. Its private roof deck, accessible only from this residence, is the address's real signature: Ipe decking, fire pit, outdoor kitchen, spa and shower, built-in audio, and city and hillside views that open up the moment you reach the top.
Location
Los Angeles, Los Angeles County, CA 90046
Open on Google Maps ↗Listed by: Marc Noah · Sotheby's International Realty
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
$30,854
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $399,500 · Loan: $3,595,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $24,895
- Property tax (1.25%)
- $4,161
- Homeowners insurance
- $300
- Mortgage insurance
- $1,498
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 $139,825 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
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