1231 S Rowan Avenue, Los Angeles, California 90023, Los Angeles, 90023 - 5 bed, 5 bath
1231 S Rowan Avenue
Los Angeles, California 90023
Property Price
SUMMARY
Analysis of 1231 S Rowan Avenue, Los Angeles, California 90023 is currently available with a list price of $1,490,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property is rated as excellent due to its status as a 2025/2026 new construction project. The primary value and structure consist of a brand-new, three-story rear building featuring modern architectural design, all-new systems (HVAC, electrical, plumbing), and contemporary finishes. As a new build to be delivered in 2026, it meets the highest quality standards with no deferred maintenance or physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
This duplex configuration features a rented front unit providing immediate cash flow and a massive new rear building, making it an ideal opportunity for both savvy investors and owner-occupants.
- Modern New Construction
The rear building is a 2025/2026 new build offering three levels of contemporary living space, including four bedrooms, four bathrooms, and a rare four-car garage for maximum convenience.
- Operational Efficiency
Utilities are already subdivided between the two units, significantly simplifying property management and reducing owner responsibility for tenant utility costs.
CONSRISKS & DEFICIENCIES
- Delayed Delivery
The new rear building is not scheduled for completion until February 2026, requiring the buyer to manage a significant lead time before the property is fully functional or habitable.
- Significant Unit Disparity
There is a stark contrast between the small 590 sqft front unit and the large 2,273 sqft rear structure, which may create challenges in achieving uniform rental rates or future resale consistency.
About 1231 S Rowan Avenue
This is a duplex property with a 590 sqft in front and a new building 2273 sf in the back yard and 4 car garage on the first floor, 1b/1b on the first floor, 1b/1b on the 2nd floor and 2b/2b on the 3rd floor. New building will be delivered by Feb 2026. Front house contains two bedrooms and one bath room. Back building is a beautiful 3 floors new building which contains 4 bedrooms and 4 bathrooms with wonderful views. Please don't miss this good opportunity for your investment. The front unit is renting now with good tenants. Utilities were subdivided already.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2025
- Lot Size
- 5,338 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | - | 92% |
| Baths | 5.0 | - | 92% |
| Square foot | 2,863 | 1,802.5 | 75% |
| Lot Size | 5,338 | 5,586 | 50% |
| Price | $1.49M | $687.5K | 92% |
| Price per sq ft | $520 | $424 | 75% |
| Built year | 2025 | 1923 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 125 | 166 | 25% |
Pricing History
Listed for Sale
Feb 6, 2026
$1,490,000
$1,450,000
+3% Price Increase
Initial Listing
Price Change
Nov 1, 2025
$1,450,000
Initial Listing
Sold
Feb 9, 2022
$455,000
Public Record