Residential Income In Los Angeles

EXCEPTIONAL multi-unit property located in the heart of Pico-Robertson, featuring a newly constructed detached 3-bedroom, 3-bathroom rear home plus a charming Spanish-style front duplex, all situated on a single-family-zoned lot. Whether you’re an investor seeking strong income potential or an owner-user looking to offset housing costs, this property offers a rare combination of luxury, character, flexibility, and long-term value. The newly constructed detached rear residence will be delivered vacant and offers approximately 1,420 square feet of living space plus an attached 250 square foot garage currently utilized as a bonus room. Meticulously designed with architectural elegance and modern sophistication, the home showcases exceptional craftsmanship throughout, 9-foot ceilings, abundant natural light, high-end custom finishes, marble bathrooms, a private upstairs balcony, private backyard, dedicated driveway, 4 KW solar system, smart switches, and an integrated security system. Large windows create a bright, airy atmosphere while thoughtfully curated details elevate the home’s sense of luxury and refinement. The front Spanish-style duplex spans approximately 2,266 square feet and consists of two 2-bedroom units. Rich in character and timeless charm, the duplex beautifully blends classic Spanish architecture with modern comforts. Interior features include original hardwood floors, abundant natural light, remodeled kitchens with updated appliances, in-unit laundry, mini-split HVAC systems, updated windows, and dedicated parking for each unit. The upper unit will be delivered vacant, providing immediate flexibility for an owner-user or additional rental income potential. Live in a luxurious, private modern home while allocating a substantial portion of your mortgage interest and property taxes as business expenses to maximize tax deductions well beyond the standard federal and state limits. Explore converting the front duplex back into a large single-family home (BUYER TO VERIFY). Investors will also appreciate the opportunity to acquire three rentable units in a highly sought-after, supply-constrained rental market adjacent to Beverly Hills. Whether you’re seeking a strategic investment, a multi-generational living opportunity, or a property that seamlessly blends lifestyle and financial performance, 1433 Livonia delivers on every level. Investors and home hunters alike, unlock MASSIVE value by exploring a condominium conversion to sell the duplex and/or detached rear home individually under the emerging ’Missing Middle LA’ program and AB 1033, available by late 2026 to early 2027 (buyer to verify)!