90041 Foreclosures

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Search Los Angeles 90041 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 90041 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 90041


Active
  • Located in Los Angeles
  • Built in 1923
  • MLS #: OC23209101
  • 3 Bedrooms
  • 2 Baths
  • 1,743 SqFt
More details Listing by J.J. Engberg, eXp Realty of California Inc

Active
  • Located in Los Angeles
  • Built in 1937
  • MLS #: 24383391
  • 3 Bedrooms
  • 3 Baths
  • 1,355 SqFt
More details Listing by Tracy B Do, Coldwell Banker Realty

Active
  • Located in Los Angeles
  • Built in 1952
  • MLS #: 24389309
  • 4 Bedrooms
  • 4 Baths
  • 2,605 SqFt
More details Listing by Courtney Poulos, ACME Real Estate

Active
  • Located in Los Angeles
  • Built in 1922
  • MLS #: SR24085202
  • 3 Bedrooms
  • 2 Baths
  • 1,698 SqFt
More details Listing by Taylor Catlin, Equity Union

Active
  • Located in Los Angeles
  • Built in 2020
  • MLS #: BB24091732
  • 4 Bedrooms
  • 4 Baths
  • 2,294 SqFt
More details Listing by Alin Glogovicean, Redfin Corporation

Pending
  • Located in Los Angeles
  • Built in 1984
  • MLS #: GD24071693
  • 2 Bedrooms
  • 2 Baths
  • 1,320 SqFt
More details Listing by Hilda Voskanian, eXp Realty of Greater L. A.

Active
  • Located in Los Angeles
  • Built in 1971
  • MLS #: P1-17272
  • 4 Bedrooms
  • 4 Baths
  • 3,449 SqFt
More details Listing by David Knight, Keller Williams DTLA

Active
  • Located in Los Angeles
  • Built in 1920
  • MLS #: 24383547
  • 3 Bedrooms
  • 2 Baths
  • 1,073 SqFt
More details Listing by Elizabeth McDonald, TRG Realty Company, Inc.

Active
  • Located in Los Angeles
  • Built in 2023
  • MLS #: 24383557
  • 3 Bedrooms
  • 2 Baths
  • 1,193 SqFt
More details Listing by Elizabeth McDonald, TRG Realty Company, Inc.

Active
  • Located in Los Angeles
  • Built in 2024
  • MLS #: 24383563
  • 2 Bedrooms
  • 2 Baths
  • 933 SqFt
More details Listing by Elizabeth McDonald, TRG Realty Company, Inc.

Active
  • Located in Los Angeles
  • Built in 1940
  • MLS #: P1-17497
  • 3 Bedrooms
  • 3 Baths
  • 2,162 SqFt
More details Listing by Jason Winicki, COMPASS

Active
  • Located in Los Angeles
  • Built in 1924
  • MLS #: SB24063449
  • 4 Bedrooms
  • 3 Baths
  • 1,856 SqFt
More details Listing by Daisy Taylor, Daisy Taylor

Active
  • Located in Los Angeles
  • Built in 1921
  • MLS #: OC24058158
  • 4 Bedrooms
  • 3 Baths
  • 1,921 SqFt
More details Listing by Janeth Boctor, Fortune Weavers Realty Inc.

Active
  • Located in Los Angeles
  • Built in 1920
  • MLS #: LG23198109
  • 4 Bedrooms
  • 2 Baths
  • 2,225 SqFt
More details Listing by Suzanne Abolhosseini, Innovate Realty, Inc.

Active
  • Located in Los Angeles
  • Built in 1922
  • MLS #: LG24083452
  • 4 Bedrooms
  • 2 Baths
  • 1,960 SqFt
More details Listing by Gayle Waite, Turning Point Properties

Active
  • Located in Los Angeles
  • Built in 2018
  • MLS #: 24383613
  • 3 Bedrooms
  • 3 Baths
  • 1,761 SqFt
More details Listing by Shawn Tabatabai, Metropolitan Realty Group Inc.

Active
  • Located in Los Angeles
  • Built in 1981
  • MLS #: P1-17512
  • 2 Bedrooms
  • 3 Baths
  • 1,465 SqFt
More details Listing by Matthew Helganz, Meridian Capital Realty

Active
  • Located in Los Angeles
  • Built in 1923
  • MLS #: 24386693
  • 4 Bedrooms
  • 3 Baths
  • 1,995 SqFt
More details Listing by Tracy B Do, Coldwell Banker Realty

Active
  • Located in Los Angeles
  • Built in 1933
  • MLS #: 24383621
  • 5 Bedrooms
  • 4 Baths
  • 2,749 SqFt
More details Listing by Tara Ozanyan, Compass

Active
  • Located in Los Angeles
  • Built in 1939
  • MLS #: 24375160
  • 5 Bedrooms
  • 3 Baths
  • 2,653 SqFt
More details Listing by Brad Keyes, Keyes Real Estate

Pending
  • Located in Los Angeles
  • Built in 2015
  • MLS #: 24375955
  • 3 Bedrooms
  • 4 Baths
  • 1,705 SqFt
More details Listing by Elizabeth Daly, Sotheby's International Realty

Active
  • Located in Eagle Rock
  • Built in 1923
  • MLS #: P1-17363
  • 3 Bedrooms
  • 2 Baths
  • 1,039 SqFt
More details Listing by Lynwen Hughes-Boatman, COMPASS

Active
  • Located in Los Angeles
  • Built in 1988
  • MLS #: SB24023080
  • 3 Bedrooms
  • 4 Baths
  • 3,908 SqFt
More details Listing by Normelita Villapando, The Real Estate Professionals

Active
  • Located in Los Angeles
  • Built in 1924
  • MLS #: SR24051392
  • 2 Bedrooms
  • 1 Bath
  • 1,012 SqFt
More details Listing by Angelito Roxas, Re/Max Champions

Pending
  • Located in Los Angeles
  • Built in 1923
  • MLS #: 24365131
  • 5 Bedrooms
  • 3 Baths
  • 2,147 SqFt
More details Listing by Charles Picker, I.X.A.

Active
  • Located in Los Angeles
  • Built in 1989
  • MLS #: PW24053707
  • 6 Bedrooms
  • 5 Baths
  • 3,430 SqFt
More details Listing by Tien Nguyen, New Empire Realty

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

Los Angeles Real Estate Listings

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Open Houses in Los Angeles

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Making an Offer to Buy a Home in Los Angeles 90041

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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