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1231 S Rowan Ave , Los Angeles, CA 90023
$1,490,000
Est. Payment: $7,524.06/mo
6 Bed
5 Bath
2863 Sqft
Status: active | Days on site: 279
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

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 (2026) 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 garage—a 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! Don’t miss out—schedule your tour today!
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Highlights

Listed by DAVID XU , 562-448-2984 EXCELLENCE RE REAL ESTATE , 562-948-4553. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential
Lot/Acreage
0.12

Year Built

2026

County

Los Angeles

Area

BOYH - Boyle Heights

 School District

Los Angeles Unified

Listing ID

MB25239798

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Appliances:Dryer
Air Cond:Central Air
Fireplaces:
Other:Bedroom on Main Level
Other:Public

Exterior Features

Lot:Level,Rectangular Lot,No Land Lease
Garage Capacity:4
Zoning:LCR4YY
Sewer:Public Sewer

Open House

Upcoming Open Houses
Saturday 10:00 am - 5:00 pm Aug 15
Sunday 10:00 am - 5:00 pm Aug 16
Saturday 10:00 am - 5:00 pm Aug 22
Sunday 10:00 am - 5:00 pm Aug 23
Principal Interest
$7,524
Taxes
$950

Home Price

$1,490,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$298,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,524.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,524.06 $949.88 $0.00 $8,473.94
Yearly $90,288.75 $11,398.50 $0.00 $101,687.25
Total $2,708,662.60 $341,955.00 $0.00 $3,050,617.60

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T08:37:42.000Z

© 2026 CRMLS/Multi-Regional MLS

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