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540 W 118th, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 2 bath

540 W 118th, Los Angeles, California 90044 home-pic-0
ACTIVE$959,888$1,340/sqft
Est. Value: $888,192
-7%
AboveEstimate
540 W 118th, Los Angeles, California 90044
3Beds
2Baths
1,340Sqft
9,323Lot

Price Vs. Estimate

The estimated value ($888,192.445) is $71,695.555 (7%) lower than the list price ($959,888). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9323, living area = 1340.
Top Cons:
Age and Potential Condition of Main House: Built in 1954, the main house, while having some appealing features, is an older structure whose core systems (plumbing, electrical, HVAC) may require updates or maintenance compared to the brand-new ADU.

Compared to the nearby listings

Price:$959.9K vs avg $650.0K (+$309,888)93%
Size:1,340 sqft vs avg 1,290 sqft54%
Price/sqft:$716 vs avg $51094%

More Insights

Built in 1954 (72 years old).
Condition: This property presents a unique blend of conditions. The rear ADU, described as 'brand new (2025),' features a stylish modern kitchen with navy cabinetry, quartz countertops, stainless-steel appliances, recessed lighting, and spa-inspired bathrooms with contemporary finishes and matte-black fixtures. This unit is in excellent, virtually new condition. The main house, built in 1954, has appealing features like warm hardwood floors and recessed lighting, but its kitchen and bathrooms are significantly outdated, showing tiled countertops, older cabinets, and vintage tile styles (pink and checkerboard). While the main house's dated areas would typically place it in the 'Fair' category, the substantial contribution of the brand-new, nearly 50% of the total square footage ADU elevates the overall property condition to 'Good.' A significant portion of the property is move-in ready with no immediate renovation required, and the main house is functional and livable, albeit with areas needing aesthetic updates.
Year Built
1954
Close
-
List price
$960K
Original List price
$960K
Price/Sqft
$716
HOA
-
Days on market
-
Sold On
-
MLS number
CV26003117
Home ConditionGood
Features
ViewNeighborhood

About this home

Don't miss this wonderful Opportunity! Two Homes on an oversized Lot. An impressive total of 2,533 Sq Ft ( 1,193 ADU + 1,340 Main House) could be yours. Want to live in one house and rent the another? Don't look any further! Welcome to this special multi-residence property in the heart of Los Angeles, offering the perfect blend of comfort, flexibility, and income potential. Ideally located just minutes from SoFi Stadium, the Kia Forum, major freeways, and the vibrant Hollywood Park entertainment district, this is a place where opportunity truly meets lifestyle. The front home at 540 W. 118th Street welcomes you with 1,340 sq ft, 3 bedrooms, and 2 bathrooms, featuring warm hardwood floors, recessed lighting, a cozy fireplace, and generously sized bedrooms—perfect for relaxing or gathering with loved ones. A two car garage adds everyday convenience and extra storage. The rear home /ADU (538 W. 118th Street), is brand new (2025), offering 1,193 sq ft of bright, modern living. You’ll love the stylish kitchen with navy cabinetry, quartz countertops and backsplash, stainless-steel appliances, and recessed lighting, along with spa-inspired bathrooms featuring quartz counters, marble-style tile, and matte-black fixtures. With PAID OFF SOLAR, a nice yard and abundant natural light, this home is as practical as it is beautiful. The expansive lot also offers room to add a third unit of 600 Sq Ft 1bed/1 bath with contractor-drafted plans available, creating even more possibilities and income potential in a very desirable and centrally located neighborhood. Whether you’re looking for multi-generational living, a smart investment, or a home that helps pay for itself, this inviting property offers flexibility, comfort, and long-term value—all in a central, convenient location.

S
Sofia Morales Santana
Listing Agent

Nearby schools

5/10
Figueroa Street Elementary School
Public,•K-5•0.6mi
3/10
West Athens Elementary School
Public,•K-5•0.6mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•0.7mi
5/10
Woodcrest Elementary School
Public,•K-5•1.1mi
4/10
Charles W. Barrett Elementary School
Public,•K-5•1.5mi
3/10
Ninety-Fifth Street Elementary School
Public,•K-5•1.7mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•2.1mi
4/10
Manchester Avenue Elementary School
Public,•1-6•2.3mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•2.3mi
2/10
Samuel Gompers Middle School
Public,•6-8•0.6mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•1.8mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•3.6mi
9/10
Middle College High School
Public,•9-12•2.2mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.2mi

Price History

Date
Event
Price
01/03/22
Sold
$550,000
Condition Rating
Good
This property presents a unique blend of conditions. The rear ADU, described as 'brand new (2025),' features a stylish modern kitchen with navy cabinetry, quartz countertops, stainless-steel appliances, recessed lighting, and spa-inspired bathrooms with contemporary finishes and matte-black fixtures. This unit is in excellent, virtually new condition. The main house, built in 1954, has appealing features like warm hardwood floors and recessed lighting, but its kitchen and bathrooms are significantly outdated, showing tiled countertops, older cabinets, and vintage tile styles (pink and checkerboard). While the main house's dated areas would typically place it in the 'Fair' category, the substantial contribution of the brand-new, nearly 50% of the total square footage ADU elevates the overall property condition to 'Good.' A significant portion of the property is move-in ready with no immediate renovation required, and the main house is functional and livable, albeit with areas needing aesthetic updates.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9323, living area = 1340.
Great Schools: High School: Middle College High School (9/10).
Exceptional Income & Multi-Generational Potential: The property features two distinct homes (main house + brand new ADU) on an oversized lot, offering significant rental income opportunities or flexible multi-generational living arrangements.
Future Development Opportunity: The expansive lot provides room to add a third 600 sq ft unit, with contractor-drafted plans available, presenting substantial future value appreciation and income growth potential.
Brand New, Modern ADU: The rear ADU is new construction (2025), boasting stylish modern finishes including navy cabinetry, quartz countertops, stainless-steel appliances, and spa-inspired bathrooms.
Strategic Location & Accessibility: Ideally located just minutes from major entertainment hubs like SoFi Stadium, the Kia Forum, Hollywood Park, and major freeways, enhancing desirability and potential rental demand.
Energy Efficiency & Cost Savings: The ADU includes paid-off solar panels, providing a valuable green feature and reducing utility expenses for residents.

Cons

Age and Potential Condition of Main House: Built in 1954, the main house, while having some appealing features, is an older structure whose core systems (plumbing, electrical, HVAC) may require updates or maintenance compared to the brand-new ADU.
Lack of Mentioned Central Air Conditioning: The property description does not explicitly mention central air conditioning for either unit, which could be a significant drawback for comfort during Los Angeles' warmer months.
Mixed Public School Performance: While some elementary schools in the vicinity are highly rated, several middle and high schools show lower performance ratings (2-3 stars), which might be a concern for families prioritizing consistent top-tier public education.
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