877 E 47th Street
Los Angeles, CA, 90011
$599,000
MLS: 25489859
Beds
3
Baths
1
Sq Ft
1,302
Lot
0.13 ac
Year Built
1902
MLS #
25489859
Days on Market
1
Listed
Jan 23, 2025
Description
Historic South Los Angeles home. Great fixer to create the perfect dream home. This home features 3 bedrooms, 1 bath, bonus room upstairs, approximately 5500 sft lot, zoned R2, which gives the potential for an ADU and other income opportunities. The property is near downtown LA, the 10 freeway, USC, FIDM, restaurants, retail stores, and museums.
Location
Los Angeles, Los Angeles County, CA 90011
Open on Google Maps ↗Listed by: Jordan Gibbs · Jordan Gibbs Realty
Payment estimate
$4,461
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100
- Principal & Interest
- $3,312
- Property tax (1.25%)
- $624
- Homeowners insurance
- $300
- Mortgage insurance
- $225
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $20,965 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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