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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
- Unnamed School0.1 mi
elementary
- Eastman Avenue Elementary School0.1 mi
elementary
- Eastman Avenue Early Education Center0.2 mi
elementary
Parks & Recreation
- Salazar Park0.4 mi
park
- 0.4 mi
Transit Access
- Olympic & Indiana0.3 mi
Bus Stop
- Indiana & Olympic0.3 mi
Bus Stop
- Indiana & Lee0.4 mi
Bus Stop
- 62, 660.4 mi
Bus Stop
- Whittier & Ditman0.4 mi
Bus Stop
Local Amenities
Healthcare
Dining
- El 7 Mares0.4 mi
- Tilas0.4 mi
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
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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