$ 1,700,000
-
$1,700,000
Price -
5
Bed -
4
Bath -
2,463
SqFt
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About the Listing 3467 - AR45997
TTwo Homes on One Lot in Highly Desirable Elysian Valley (Frogtown)! Featuring separate addresses and separate meters, this exceptional property offers versatility for owner-occupants, investors, or multi-generational living. The front home has been remodeled and expanded, while the rear home was newly built in June 2022. Zoned R2, this property provides outstanding flexibility and long-term value. This is a rare lifestyle + income opportunity—ideal to live in one and rent the other, or maximize rental income by leasing both units. Projected rental income is approximately $108,000 per year (rear unit currently leased at $4,800/month; front unit estimated at $4,200+/month), offering strong cash flow potential. The front unit features 3 bedrooms and 2 bathrooms, including a primary suite. The rear unit offers 2 bedrooms and 2 bathrooms, also with a primary suite, plus a single-car garage and private rooftop deck. Both homes are fully detached with no common walls, providing excellent privacy. These modern residences showcase tasteful upgrades and designer-inspired finishes throughout. Each unit offers a bright, open-concept layout with well-designed living spaces and kitchens. The front patio is perfect for outdoor entertaining, while the rear rooftop deck provides an incredible setting to relax, host guests, and enjoy city views—including Dodger Stadium fireworks and Fourth of July celebrations. Located in one of LA’s most vibrant and rapidly growing neighborhoods, enjoy close proximity to the LA River Bike Path and popular hotspots including Salazar, Frogtown Brewery, and La Colombe Coffee Roasters. A rare opportunity to own a beautifully updated, income-producing property in one of LA’s most exciting neighborhoods.
Listing Highlights
Status
Active
Days on Site
50
Property Type
Residential
MLS ®
AR26077622
Year Built
1921
Total Square Footage
2,463
Lot/Acreage
0.12
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Living Room
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Bedroom on Main Level,Jack and Jill Bath,Main Level Primary
- Water: Public
Exterior Details
- Lot Description: Front Yard,Landscaped,Rectangular Lot,Street Level,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 1
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5442015013
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
2672 Newell Los Angeles, CA 90039
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