503 Oleander
Los Angeles, CA, 90042
$950,000
MLS: DW26071623
Beds
4
Baths
2
Sq Ft
1,197
Lot
0.07 ac
Year Built
1921
MLS #
DW26071623
Days on Market
19
Listed
Apr 3, 2026
Description
Discover the perfect blend of character, flexibility, and upside potential in this unique Los Angeles property. Situated on a desirable lot, 503 Oleander in Highland Park, offers a versatile layout ideal for homeowners, investors, or those looking to create additional income streams. The property features a living space filled with natural light, creating a warm and inviting atmosphere from the moment you walk in. The functional floor plan allows for comfortable everyday living while offering the opportunity to customize and elevate the space to your vision. Step outside to a private back yard with endless possibilities — whether you’re looking to expand, add an ADU, design a custom outdoor retreat, or maximize rental potential. This property is a true value-add opportunity in a market where flexibility and future growth are key. Conveniently located near major freeways, shopping, dining, and local amenities, this home provides both accessibility and long-term value. Whether you're an owner-occupant looking to plant roots or an investor seeking your next project, 503 Oleander delivers the opportunity to create something special.
Location
Los Angeles, Los Angeles County, CA 90042
Open on Google Maps ↗Listed by: Ixbalanque Garcia · Won Suk Kim Real Estate, Inc.
Payment estimate
$6,899
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000
- Principal & Interest
- $5,253
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
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 $33,250 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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