1231 S Rowan Avenue, Los Angeles, CA 90023 - Photo 1 of 42, Los Angeles, CA
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$1,490,000

1231 S Rowan Avenue, Los Angeles, CA 90023

5Beds
5Baths
2,863Sq Ft
1Parking
2026Built
164Days Listed

About This Property

2026 BRAND NEW Luxury 3-Story Home + Income-Generating Unit! RARE OPPORTUNITY IN BOYLE HEIGHTS! Welcome to this stunning, multi-generational dual-residence property featuring a BRAND NEW (2025) 2,273 sqft 3-story back house and a charming 590 sqft front house with reliable income. THE MAIN RESIDENCE (Rear House): Experience modern luxury in this massive 4BR/4BA masterpiece. Designed with triple-exposure (East, South, West) for incredible natural light throughout the day. Lifestyle: Enjoy sun-drenched mornings on your expansive 2nd-floor terrace facing East. Space: Three levels of meticulously designed living space, perfect for large families or those seeking a home office with a view. Parking: Rare and spacious 4-car garagea true luxury in Los Angeles! THE INCOME PRODUCER (Front House): A cozy, well-maintained 2BR/1BA unit currently leased at $2,100/month (1-year lease signed Jan 2026). This steady cash flow can significantly offset your mortgage, making high-end living more affordable than ever! INVESTOR & BUYER PERKS: SELLER CREDIT: Motivated Seller is offering 1% to 3% CREDIT to buyers for interest rate buy-down or closing costs! Efficiency: Separated utilities for easy management. Location: Prime East LA location with easy access to the 5, 60, and 710 freeways, minutes from DTLA. Live in luxury while your tenant helps pay the mortgage. This is the ultimate "House Hacking" dream! Dont miss outschedule your tour today!

Property Location

Map

Property Details

Property Type
Townhouse
Bedrooms
5
Bathrooms
5
Building Area
2,863 Sqft
Living Area
2,863 sqft
Year Built
2026
Stories
3.0
Status
Active
Days on Market
164
Cumulative Days on Market
147
Original Price
$1,450,000
MLS Number
MB25239798

Location & Neighborhood

What's nearby 1231 S Rowan Avenue, Los Angeles, CA 90023

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Dining

POI data updated 3/31/2026

Price History

$1,490,000

Feb 24, 2026

$40,000

+2.8%

Original List Price

$1,450,000

Los Angeles Market Snapshot

1,561

Active Listings

$825K

Median Price

92

Avg Days on Market

Last updated: Mar 28, 2026

Listed by

DAVID XU, EXCELLENCE RE REAL ESTATE · 626-466-8694 · MLS# MB25239798

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,490,000