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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: 297
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
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 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!
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Highlights

Listed by DAVID XU , 626-466-8694 EXCELLENCE RE REAL ESTATE , 562-948-4553. San Diego County Multiple Listing Service mls logo

Property Type

Condo/Townhome
Lot/Acreage
0.12

Year Built

2026

County

Los Angeles

Listing ID

MB25239798

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Appliances:Dryer
Air Cond:Central Forced Air
Fireplaces:N/K
Other:Public

Exterior Features

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.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Data last updated: 2026-08-10T08:12:55.000Z

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