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Listed by DAVID XU, DRE #02044607 • EXCELLENCE RE REAL ESTATE
$1,490,000
Est. payment /mo
5,338 Sqft Lot
Active
1231 S Rowan AVE Los Angeles, CA 90023
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMB26215525
Year Built 2026
Lot Size 5,338 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
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
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Cooling Central AC
Laundry Upper Floor
Exterior
Garage Spaces 4.0
Pool None
View None
Building
Lot Description Grade - Level
Story Three or More Stories
Water District - Public
Others
Tax ID 5242013025
Special Listing Condition Not Applicable
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