$695,000
MLS: 26845843
Beds
4
Baths
1
Sq Ft
1,546
Lot
0.13 ac
Year Built
1930
MLS #
26845843
Days on Market
2
Listed
Jun 10, 2026
Description
Opportunity awaits in the desirable Gramercy Park neighborhood! This Spanish-style fixer offers 4 bedrooms, 1 bathroom, and 1,546 square feet of living space on a 0.13-acre lot, providing an excellent canvas for buyers looking to restore, renovate, and add value. The home's classic Spanish character is showcased by a distinctive front arcade over the driveway and a covered front entry patio leading to the main entrance. Inside, the functional floor plan features a combination of hardwood floors and carpet, a faux fireplace, ceiling fans throughout and a laundry room. The spacious Living and Dining room are connected by an attractive rounded archway, adding architectural charm and creating an inviting flow between living & Dining Area. The Kitchen has microwave, cabinets and a breakfast nook A detached garage offer additional storage, workspace, or future possibilities for an ADU. The lot features low-maintenance concrete hardscaping throughout most of the property, complemented by a front lawn and mature tall hedges along the property lines that provide privacy and a secluded feel. The property will benefit from cosmetic updates, including flooring, paint, landscaping, and garage improvements, making it an ideal opportunity for investors, renovators, or owner-occupants seeking to customize a home to their tastes. With its desirable location, near one of southern California fastest-growing entertainment corridors. Just minutes from SOFI Stadium, the Intuit Dome, the Kia Forum. This location offer both lifestyle appeal and long-term growth potential driven by continued development and Investment in the surrounding area. This Spanish architecture home located in the Gramercy Park neighborhood presents a rare chance to create something special.
Location
Los Angeles, Los Angeles County, CA 90047
Open on Google Maps ↗Also listed on GAVAR · MLS# 26004574
Listed by: Rosalyn Bradford · Century 21 Masters
Payment estimate
$5,246
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,500 · Loan: $625,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,962
- Property tax (1.25%)
- $724
- Homeowners insurance
- $300
- Mortgage insurance
- $261
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $24,325 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 90047 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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