1231 S Rowan Avenue

Los Angeles, CA 90023

About this property

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)

About this property

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)

Features and Additional Information

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$1,490,000 Active
0 Bed(s)
0
Baths
2,873 sqft

Presented By Benjamin Leaskou

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License #01754516
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EXCELLENCE RE REAL ESTATE
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Area Information

BOYH Boyle Heights | Los Angeles County |

$ 1,490,000
This listing is play_arrow 86.5% higher than the average in the area
$ 798,988 in the area
2,873 SqFt
This listing is play_arrow 3.9% smaller than the average in the area
2,990 SqFt in the area
$ 519 $/SqFt
This listing is play_arrow 94.1% more than the average in the area
$ 267 $/SqFt in the area
28 days on site
This listing is play_arrow 84.2% below the average in the area
177 days on site in the area

Schools in the Area

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Listed By DAVID XU
Brokerage: EXCELLENCE RE REAL ESTATE

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