1231 S Rowan AVE, Los Angeles, CA 90023
1231 S Rowan AVE, Los Angeles, CA 90023
1231 S Rowan AVE, Los Angeles, CA 90023
40
See all 40 photos
$1,490,000
Est. payment /mo
Save
5,336 Sqft Lot
Open Sun 10AM-5PM

1231 S Rowan AVE Los Angeles, CA 90023

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

Open House

Sun Oct 04, 10:00am - 5:00pm

Sat Oct 10, 10:00am - 5:00pm

Sun Oct 11, 10:00am - 5:00pm

Sat Oct 03, 10:00am - 5:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB26215525

HOA Y/N No

Year Built 2026

Lot Size 5,336 Sqft

Property Sub-Type Duplex

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 & 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)

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LCR4YY

Interior

Interior Features Bedroom on Main Level

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Upper Level

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Urban

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description Level, Rectangular Lot

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 5242013025

Acceptable Financing Cash, Cash to New Loan, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA

Listing Terms Cash, Cash to New Loan, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA

Special Listing Condition Standard


CRMLS Full IDX Feed (MAIN Website Search)
Listed by DAVID XU EXCELLENCE RE REAL ESTATE 626-466-8694, DRE #02044607

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Julia Kim

Julia Kim

Broker Associate License ID: 01904440

+1(213) 344-7110

Name
Phone*
Message

Go tour this home

1231 S Rowan AVE