90023 Foreclosures

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Search Los Angeles 90023 Foreclosures for sale on the MLS. View recent sales and find homes for sale in Los Angeles which allow for a 50% commission credit.

Los Angeles 90023 Foreclosures

If you’re looking to purchase a Los Angeles home for sale at a bargain price, foreclosures can often be a great opportunity for experienced investors. If a homeowner defaulted on their mortgage and is unable to pay off their debt before their home auction date, the property will revert back to the lender through the Los Angeles foreclosure process. Once a home has been foreclosed on, it will either be sold off in bulk by the bank or listed with an agent who will add to the MLS. Prior to entering into the MLS, it is often only possible to purchase a foreclosure if you have cash. However, once the property comes on the market through the Los Angeles MLS, there is typically preference within the first 2 weeks to FHA or other government-backed mortgages; if the prior loan foreclosed on was a government-backed mortgage.

Hottest Foreclosures Listings in Los Angeles 90023


Active
  • Located in Los Angeles
  • Built in 1941
  • MLS #: AR24092251
  • 4 Bedrooms
  • 3 Baths
  • 1,940 SqFt
More details Listing by Tony Wang, Berkshire Hathaway HomeServices California Properties

Pending
  • Located in Los Angeles
  • Built in 1922
  • MLS #: MB23188050
  • 2 Bedrooms
  • 1 Bath
  • 756 SqFt
More details Listing by FABIAN GARCIA, CENTURY 21 REALTY MASTERS

Active
  • Located in Los Angeles
  • Built in 1909
  • MLS #: AR24089589
  • 2 Bedrooms
  • 2 Baths
  • 1,052 SqFt
More details Listing by Sookie Huskey, Coldwell Banker George Realty

Active
  • Located in Los Angeles
  • Built in 1925
  • MLS #: CV24085266
  • 2 Bedrooms
  • 1 Bath
  • 660 SqFt
More details Listing by Stephanie Villavicencio, REALTY ONE GROUP MASTERS

Active
  • Located in East Los Angeles
  • Built in 1911
  • MLS #: DW24087871
  • 4 Bedrooms
  • 1 Bath
  • 1,264 SqFt
More details Listing by Michael Lopez, Odyssey Realty Group

Active
  • Located in Los Angeles
  • Built in 1900
  • MLS #: CV24085526
  • 2 Bedrooms
  • 2 Baths
  • 1,192 SqFt
More details Listing by Betty Del Rio, BEST MORTGAGE & REALTY

Pending
  • Located in Los Angeles
  • Built in 1924
  • MLS #: DW24014062
  • 3 Bedrooms
  • 1 Bath
  • 740 SqFt
More details Listing by Carlos Flores, Keller Williams Whittier

Pending
  • Located in Los Angeles
  • Built in 1910
  • MLS #: MB24004786
  • 2 Bedrooms
  • 1 Bath
  • 960 SqFt
More details Listing by FELIPE ACUNA, CENTURY 21 REALTY MASTERS

Active
  • Located in Los Angeles
  • Built in 1990
  • MLS #: RS24080452
  • 2 Bedrooms
  • 1 Bath
  • 729 SqFt
More details Listing by Fernando Fernandez, Big Block Powerhouse Realty

Active
  • Located in Los Angeles
  • Built in 1911
  • MLS #: RS24078879
  • 2 Bedrooms
  • 1 Bath
  • 816 SqFt
More details Listing by Fernando Fernandez, Big Block Powerhouse Realty

Active
  • Located in East Los Angeles
  • Built in 1940
  • MLS #: DW24035614
  • 2 Bedrooms
  • 1 Bath
  • 1,562 SqFt
More details Listing by Gabriel Reyes, 24 Hour Real Estate

Active
  • Located in East Los Angeles
  • Built in 1923
  • MLS #: DW24035558
  • 3 Bedrooms
  • 1 Bath
  • 850 SqFt
More details Listing by Gabriel Reyes, 24 Hour Real Estate

Active
  • Located in East Los Angeles
  • Built in 1924
  • MLS #: DW24035554
  • 2 Bedrooms
  • 1 Bath
  • 696 SqFt
More details Listing by Gabriel Reyes, 24 Hour Real Estate

Pending
  • Located in Los Angeles
  • Built in 1920
  • MLS #: MB24002166
  • 3 Bedrooms
  • 2 Baths
  • 967 SqFt
More details Listing by IMELDA CONTRERAS, Excellence RE Real Estate

Active
  • Located in Los Angeles
  • Built in 1924
  • MLS #: MB24071528
  • 2 Bedrooms
  • 1 Bath
  • 774 SqFt
More details Listing by FRANCISCO ROSAS, JR., EXCELLENCE RE REAL ESTATE

Pending
  • Located in East Los Angeles
  • Built in 1914
  • MLS #: WS23197594
  • 3 Bedrooms
  • 2 Baths
  • 1,102 SqFt
More details Listing by ARTURO YOSHIMOTO, YOSHIMOTO REAL ESTATE

Active
  • Located in Los Angeles
  • Built in 1910
  • MLS #: FR23229883
  • 4 Bedrooms
  • 2 Baths
  • 1,968 SqFt
More details Listing by Brian Dombroski, Dombroski Realty

Active
  • Located in Los Angeles
  • Built in 1921
  • MLS #: MB24002573
  • 1 Bedrooms
  • 1 Bath
  • 590 SqFt
More details Listing by DAVID XU, EXCELLENCE RE REAL ESTATE

This information is believed to be accurate, but without any warranty.

Los Angeles Real Estate Listings

Search homes for sale in Los Angeles through our MLS powered real estate search. Find and compare homes, condos, and land for sale in Los Angeles. Visit open houses or schedule a tour online with one of our partner agents. When you’re ready to make an offer on a Los Angeles home, you’ll recieve a 50% commission credit when you submit your offer online with OfferDash®.

Open Houses in Los Angeles

If you’re in the market for a new home or just love staying current with what’s on the market, check out the list of Los Angeles open houses happening this weekend. We can help you plan a day to tour homes for sale that are having an open house. When browsing homes for sale in Los Angeles, just hit the save button and build your open house list of homes you want to tour. If you’re not finding any open house options on a property you want to tour, our local Partner Agents can schedule a private tour for you.

Making an Offer to Buy a Home in Los Angeles 90023

We’ve automated the home buying and selling process in order to save thousands for buyers and sellers. Once you’ve found the Los Angeles home for sale that you want to buy, just enter the address in our offer submission form and we’ll automatically draft a legal offer within minutes. In return, you’ll receive a 50% commission credit back for closing costs.

Los Angeles Home Values

Determining your Los Angeles home’s value is a 3 step process. A great way to begin is by checking your property value using our automated home valuation software. This free tool can help you determine what your home might sell for and even calculates estimated rental income it could generate by leasing out your property. To begin the process of determining your Homes value, start a free instant home valuation.

Los Angeles Short Sales

If a homeowner is having difficulty paying their mortgage and their Los Angeles home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Los Angeles home for sale as a short sale, they accept only one offer and submit it to their bank with a short sale package requesting mortgage debt relief. If their lender approves a short sale, they will inform the seller of the minimum net proceeds the bank will take in order to write off the sellers defaulted debt. It is often difficult to reduce the lenders’ short sale approval amount once the lender has made their decision. On loans with mortgage insurance, the lender’s losses are often covered by their insurance up to a certain amount. If a lender accepts a short sale they are likely to not receive a payout from their insurance, so knowing what coverage they have on a loan policy is key when requesting a short sale. If you’re interested in purchasing a Los Angeles home for sale that is listed as a short sale, know that it can be a lengthy process. Those that wait can often get a better deal than a foreclosure; since the bank only reviews 1 offer versus a foreclosure which may have multiple bids. However, a short sale could take months where a foreclosure sale can be sold within days.

Nearby Foreclosure Listings in Los Angeles California

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