1231 S Rowan Avenue
Los Angeles, CA 90023
Listing broker / agent: EXCELLENCE RE REAL ESTATE · DAVID XU · 626-466-8694 · CRMLS
MLS # MB26215525 · Last checked Oct 20, 2026 06:25 UTC
About this property
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)
Property details
- MLS number
- MB26215525
- Status
- Active
- Type
- Residential Income
- Subtype
- Duplex
- Lot size
- 0.1225 acres
- County
- Los Angeles
- Year built
- 2026
More property detailsCollapse
Listing
- Days on market
- 9
Building
- Year built
- 2026
- Year built source
- Builder
- Building stories
- 3
- Levels
- Three Or More
- Entry level
- 1
Rooms & interior
- Rooms
- Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom
- Interior features
- Bedroom On Main Level
- Cooling
- Central Air
- Fireplace
- None
- Laundry
- Upper Level
Exterior & parking
- Total parking spaces
- 4
- Garage spaces
- 4
- Pool
- None
- Lot features
- Level, Rectangular Lot
- Lot size source
- Assessor
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Urban
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Eastman Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.1 mi |
| Extera Public School No. 2 (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.2 mi |
| KIPP Academy of Innovation (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 5–8 | 0.3 mi |
| Amanecer Primary Center (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–2 | 0.5 mi |
| Rowan Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.7 mi |
| Robert Louis Stevenson College and Career Preparatory (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–8 | 0.7 mi |
| Ford Boulevard Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.9 mi |
| Oscar De La Hoya Animo Charter High (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 1.0 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,490,000
- MLS-reported original asking price
- $1,490,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 3, 2026 04:09 | $1,490,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
538 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-20 06:41 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗