853 Banks Court Drive
Los Angeles, CA, 90042
$890,000
MLS: AR26177550
Beds
2
Baths
1
Sq Ft
736
Lot
0.07 ac
Year Built
1926
MLS #
AR26177550
Days on Market
2
Listed
Aug 19, 2026
Description
Welcome to this charming 1926 Spanish bungalow in the heart of Highland Park, lovingly owned by the same family for over 40 years. Located just blocks from York Boulevard's vibrant, highly walkable commercial district, you'll enjoy easy access to trendy coffee shops, diverse restaurants, and independent boutiques. Inside, the inviting living room features coved ceilings and abundant natural light that extends throughout the living room and bedrooms. The kitchen opens to an adjoining dining area and includes a convenient laundry closet. Step outside to enjoy the backyard patio, perfect for relaxing or entertaining. Attached to the garage is a versatile 18' x 9' bonus room, ideal for a home office, gym, art studio, or creative workspace. Additional highlights include a new roof installed in June 2025. This is a rare opportunity to own a classic Highland Park home that has been lovingly maintained for more than four decades in one of Northeast Los Angeles's most sought-after neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90042
Open on Google Maps ↗Listed by: Karpo Murkijanian · Coldwell Banker 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
$6,703
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,000 · Loan: $801,000
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,142
- Property tax (1.25%)
- $927
- Homeowners insurance
- $300
- Mortgage insurance
- $334
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 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
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 $31,150 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
Only large teams outsell Mike Watson · Keller Williams Realty
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