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Listed by EXCELLENCE RE REAL ESTATE, DAVID XU, Listing Contact: 626-466-8694 
6 Beds
0 Baths

$1,490,000

1231 S Rowan Avenue, Los Angeles CA, 90023

Property typeMulti-family

Overview

Active

Listed Oct 2, 2026

Updated 4 days ago

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 buildinga 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

$9,913/mo

Est. mortgage payment based on a $1,490,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
MB26215525

Interior Features

Bedrooms
6
Bathrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.12 Acres

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Data last updated 3:00 AM UTC, 10/5/2026

   

 

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