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Listed by: DAVID XU (562) 448-2984 DRE #02044607 | EXCELLENCE RE REAL ESTATE (562) 948-4553
$1,490,000
Monthly Est:$7,416
6 Beds
- -- Bath
2,873sqft
1231 S Rowan Ave, Los Angeles, CA 90023
$1,490,000
$7,416/moEst:
Get Pre-Approved
Duplex
Built in 2026
$-- HOA
5,338 sqft lot
$519/sq.ft
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)
- Houzeo last checked: 13 minutes ago
- Listing updated: October 11, 2026 at 12:10 pm
- Source: California Regional MLS-CA | MLS#: MB26215525

Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
2026
HOA Fees
-
Finished Area
2,873 sqft
Lot Size
5,338 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
MB26215525
MLS Status
Active
Days on Market
8
Cumulative Days on Market
9

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathroom: --
Interior
Cooling
Central Air
Sewer
Public Sewer
Interior Features
Bedroom On Main Level
Utilities & Energy
Fireplace Features
None
Pool Features
None
Laundry Features
Upper Level
Water Source
Public
Other Features
Community Features
Urban
Lot Features
Level, Rectangular Lot
Price History
| Date | Event | Price |
|---|---|---|
02/10/2026 Source: | Listed for Sale | $1,490,000 $519/sqft |
02/10/2026 Source: | Off Market | $1,490,000 +2.76% $519/sqft |
10/14/2025 Source: | Listed for Sale | $1,450,000 +81.25% $505/sqft |
01/05/2024 Source: | Off Market | $799,999 $278/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 11, 2026, 05:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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