1231 S Rowan Avenue, Los Angeles, CA 90023
Local realty services provided by:CENTURY 21 Adams & Barnes
1231 S Rowan Avenue,Los Angeles, CA 90023
$1,490,000
- - Beds
- - Baths
- 2,873 sq. ft.
- Multi-family
- Active
Listed by: david xu
Office: excellence re real estate562-948-4553
MLS#:MB26215525
Source:CRMLS
Price summary
- Price:$1,490,000
- Price per sq. ft.:$518.62
About this home
PRIME INVESTMENT OPPORTUNITY IN BOYLE HEIGHTS! Turn-Key Double-Income Duplex with Exceptional Cash Flow & Wealth-Building Potential!
Welcome to a rare, multi-generational real estate gem perfect for seasoned investors or smart buyers looking to live for free while tenants pay the mortgage! This legal duplex lot features TWO separate standalone structures on a single parcel, with independent utility meters for seamless, hassle-free management.
?? THE INCOME PRODUCER (Front House - 1231 S Rowan Ave):
• Current Rental Income
• Layout: A cozy, well-maintained 2-Bedroom, 1-Bathroom home (approx. 590 sqft).
• Value: Provides immediate, guaranteed cash flow from day one of closing!
? THE CROWN JEWEL (Rear Unit - Brand New Construction ADU):
• Status: Brand New Construction (Final Pass March 2026), built to premium modern standards by a licensed builder.
• Layout: Massive 4 Bedrooms, 4 Bathrooms spread across 3 levels of luxury living space (2,273 sqft).
o 1st Floor: 1 Bed / 1 Bath
o 2nd Floor: 1 Bed / 1 Bath
o 3rd Floor: 2 Beds / 2 Baths with a private terrace facing stunning East/South/West triple-exposure views.
• Bonus Amenity: An ultra-rare 4-Car Attached Garage under the building—a premium luxury that is nearly impossible to find in Los Angeles!
?? LOCATION, EMPLOYMENT & LIFESTYLE:
Nestled in a highly desirable, high-rental-demand pocket of East Los Angeles, this property offers an unbeatable location for commuters and professionals:
• Unrivaled Commuter Access: Minutes from major freeways including the 60, 5, and 710, offering a quick, seamless commute across LA County.
• Employment Hubs: Just a stone's throw from Downtown Los Angeles (DTLA) financial district, and walking distance to a dense medical employment hub including East Los Angeles Doctors Hospital and Los Angeles Community Hospital, ensuring a constant pool of high-quality, professional tenants.
?? INVESTOR & BUYER PERKS:
• House Hacking Dream: Move into the spectacular, brand-new 4BR rear home and let the front unit heavily subsidize your mortgage, or rent out both for a high-cap-rate addition to your portfolio.
This is a rare, stable income generator in a rapidly growing LA market. Don’t miss out—schedule your private tour today!
• Property Sub Type: Duplex / Multi-Family
• Structure Type: Multi-Family / Standalone Units
• Number of Units: 2
• Separate Meters: Yes (Gas / Electric / Water)...
Contact an agent
Home facts
- Year built:2026
- Listing ID #:MB26215525
- Added:17 day(s) ago
- Updated:October 20, 2026 at 11:34 AM
Rooms and interior
- Living area:2,873 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:2026
- Building area:2,873 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Level with Street, Rectangular Lot
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,490,000
- Price per sq. ft.:$518.62
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:4
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