540 W 118th Street, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 2 bath
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Los Angeles, California 90044
This Dual-Residence Income Property is listed at $970,000, representing a strategic entry for a high-utility asset near the SoFi Stadium district. Closely aligned with its $923,019 Fair Market Value, the property delivers exceptional value through its Excellent Condition Rating, featuring a brand-new 2025-built rear home with paid-off solar and a renovated front residence. Boasting a massive 9,323 sqft lot with ADU expansion potential and access to the 9/10 rated Middle College High School, this turnkey setup is ideal for Multi-generational families or Savvy Investors seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 540 W 118th Street Subject | $970,000* List Price | 3 | 2 | 1,340 | $689 | - |
A 12226 Berendo Avenue Sold | $810,000 | 3 | 2 | 1,173 | $691 | 0.6 mi |
B 1233 W 122nd Active Under Contract | $770,000 List Price | 3 | 2 | 1,238 | $622 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property consists of two residences: a brand-new 2025-built rear home and a front home that has been extensively renovated to match. Both units feature high-end modern finishes, including new stainless steel appliances, quartz countertops with waterfall edges, navy blue cabinetry, recessed lighting, and contemporary flooring. All systems and fixtures appear new or virtually new, meeting the highest quality standards with no deferred maintenance.
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.
High School: Middle College High School (9/10).
The property features two distinct homes on a single lot, providing an excellent opportunity for multi-generational living or significant rental income in a high-demand Los Angeles rental market.
The property is served by several schools with low performance ratings, particularly at the middle and high school levels, which may impact long-term appreciation and appeal to families.
The front residence dates back to 1954, which may necessitate higher maintenance costs or future system upgrades to match the efficiency and condition of the newly constructed rear unit.
Two Homes On ONE LOT. Tons of income potential! Discover an incredible multi-residence property in the heart of Los Angeles—ideal for investors, multi-generational living, or anyone seeking style, comfort, and flexibility. Just minutes from SoFi Stadium, the Kia Forum, and major freeways, this property offers two distinct homes on one spacious lot, each with its own character and opportunity. Front Home – 540 W. 118th Street Step into timeless charm with 1,340 sq ft, featuring 3 bedrooms and 2 baths. You’ll love the warm hardwood flooring, recessed lighting, and a cozy fireplace perfect for relaxing evenings. Each bedroom is generously sized, offering comfort and versatility. A three-car garage provides ample parking and storage—rare for the area. This front home beautifully balances classic design with everyday functionality. Rear Home – 538 W. 118th Street (Built 2025) Brand-new and built with modern living in mind, this 1,193 sq ft residence showcases contemporary design, efficiency, and sophistication. Enjoy the state-of-the-art kitchen with bold navy cabinetry, quartz countertops and backsplash, stainless-steel appliances, and recessed lighting throughout. The bathrooms are equally stunning—spa-inspired with quartz counters, matte-black fixtures, and marble-style tile surrounds. With paid-off solar, washer/dryer hookups, and abundant natural light, this home delivers both luxury and sustainability. Bonus Opportunity The expansive lot still has space to build an additional 600 sq ft one-bedroom, one-bath dwelling, with contractor-drafted plans already available. Whether you envision multi-family living or additional rental income, the potential is already mapped out for you. Prime Location Centrally located near freeways, local schools, SoFi Stadium, and the growing Inglewood entertainment district, this property offers convenience, opportunity, and style all on one lot!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,340 | 1,339.5 | 50% |
| Lot Size | 9,323 | 5,278.5 | 97% |
| Price | $970.0K | $662.5K | 97% |
| Price per sq ft | $724 | $511 | 94% |
| Built year | 1954 | 1928 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 181 | 1% |
Mar 24, 2026
$970,000
Initial Listing
Jan 3, 2022
$550,000
Public Record