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House for sale at 1231 S Rowan Ave, Los Angeles, CA 90023 | MLS# MB26215525 | Listing updated on 2026-10-11
Photo 1 of House for sale at 1231 S Rowan Ave, Los Angeles, CA 90023 | MLS# MB26215525 | Listing updated on 2026-10-11
Photo 2 of House for sale at 1231 S Rowan Ave, Los Angeles, CA 90023 | MLS# MB26215525 | Listing updated on 2026-10-11
Photo 3 of House for sale at 1231 S Rowan Ave, Los Angeles, CA 90023 | MLS# MB26215525 | Listing updated on 2026-10-11
Photo 4 of House for sale at 1231 S Rowan Ave, Los Angeles, CA 90023 | MLS# MB26215525 | Listing updated on 2026-10-11
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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

  • Beds Icon6 Beds
  • Beds Icon
    -- Bath
  • Beds Icon2,873sqft

1231 S Rowan Ave, Los Angeles, CA 90023

$7,416/moEst:

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  • 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 on
e 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 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Los Angeles County

  • City

    Los Angeles

  • Neighborhood

    Boyle Heights

  • 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

DateEventPrice

02/10/2026

Source: mls_logoCalifornia Regional MLS-CA #MB25239798

Listed for Sale

$1,490,000

$519/sqft

02/10/2026

Source: mls_logoCalifornia Regional MLS-CA #MB25239798

Off Market

$1,490,000 +2.76%

$519/sqft

10/14/2025

Source: mls_logoCalifornia Regional MLS-CA #MB25239798

Listed for Sale

$1,450,000 +81.25%

$505/sqft

01/05/2024

Source: mls_logoCalifornia Regional MLS-CA #MB24002573

Off Market

$799,999

$278/sqft

Nearby Homes

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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