1231 S Rowan Avenue, Los Angeles, California 90023, Los Angeles, 90023 - 5 bed, 5 bath
ACTIVE$1,450,000
1231 S Rowan Avenue, Los Angeles, California 90023
5Beds
5Baths
2,863Sqft
5,338Lot
Year Built
2025
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$506
HOA
-
Days on market
-
Sold On
-
MLS number
MB25239798
Home ConditionExcellent
Features
Deck
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.45M(92th), sqft - 2863(85th), beds - 5(92th), baths - 5(92th).
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 the end of Dec. 2025 based on the final inspection. Front house contains one bedroom and one bath room. Back building is a beautiful 3 floors new building which contains 4 bedrooms and 4 bathrooms. Please don't miss this good opportunity for your investment.
Price History
Date
Event
Price
11/01/25
Listing
$1,450,000
02/09/22
Sold
$455,000
Condition Rating
Excellent
The property features a brand new building (Year Built 2025) which is the primary focus of the listing and images. The kitchen boasts modern gray shaker cabinets, white quartz countertops, and new LVP flooring. Bathrooms are equally modern with new vanities, black fixtures, tiled shower/tub combos, and recessed lighting. All visible components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Brand New Construction: The primary income-generating unit (back building) is a new construction (2025), offering modern amenities, finishes, and potentially lower maintenance costs.
Strong Income Potential: As a duplex with a total of 5 beds/5 baths across two distinct units, it is designed for significant rental income generation.
Versatile Unit Configuration: The new building's multi-level layout (1b/1b, 1b/1b, 2b/2b) combined with the front 1b/1b unit provides flexibility for various tenant types or multi-generational living.
Ample Dedicated Parking: A 4-car garage is a substantial asset in Los Angeles, providing convenience and added value for tenants or owners.
Strategic Investment Opportunity: Explicitly positioned as an investment, the property's new construction and duplex nature in the Los Angeles market present a compelling long-term asset.
Cons
Delayed Occupancy/Income: The new building's delivery is not until late December 2025, meaning full income potential and occupancy are deferred, impacting immediate cash flow.
Unspecified Condition of Front Unit: The existing front unit's age and current condition are not detailed, potentially implying it may require renovation or updates to match the new construction.
Lack of Scenic Views: The property explicitly states 'None' for views, which might limit its appeal to some buyers seeking premium aesthetic features in a Los Angeles property.