main property photo 0
main property photo 1
main property photo 2
main property photo 3
main property photo 4
main property photo 5
main property photo 6
main property photo 7
main property photo 8
main property photo 9
main property photo 10
main property photo 11
main property photo 12
main property photo 13
main property photo 14
main property photo 15
main property photo 16
main property photo 17
main property photo 18
main property photo 19
main property photo 20
main property photo 21
main property photo 22
main property photo 23
main property photo 24
main property photo 25
main property photo 26
main property photo 27
main property photo 28
main property photo 29
main property photo 30
main property photo 31
main property photo 32
main property photo 33
main property photo 34
main property photo 35
main property photo 36
main property photo 37
main property photo 38
main property photo 39
View All (40)
property photo 1
property photo 2
property photo 3
1231 S Rowan Ave , Los Angeles, CA 90023
$1,490,000
Est. Payment: $7,830.59/mo
6 Bed
2873 Sqft
0.12 Acres
Status: active | Days on site: 9
Get Pre-Qualified
9702 - M448878
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Heller, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Chris Heller
View agent profile
Email
Call

House 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)
Show more

Highlights

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

Property Type

Multi-Family
Lot/Acreage
0.12

Year Built

2026

County

Los Angeles

Area

BOYH - Boyle Heights

Listing ID

MB26215525

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Bedroom on Main Level
Water:Public

Exterior Features

Lot:Level,Rectangular Lot,No Land Lease
Garage Capacity:4
Zoning:LCR4YY
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$7,831
Taxes
$950

Home Price

$1,490,000

Loan Details

30 yrs
6.875%

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:
$7,830.59

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,830.59 $949.88 $0.00 $8,780.47
Yearly $93,967.10 $11,398.50 $0.00 $105,365.60
Total $2,819,012.93 $341,955.00 $0.00 $3,160,967.93

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Nov 2026

Average Price

All Price Ranges
N/A
Nov 2026

Average Days on Market

All Price Ranges
N/A
Nov 2026
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: 2026-11-07T01:31:48.000Z

© 2026 CRMLS/Multi-Regional MLS

MLS Logo - CRMLS/Multi-Regional MLS