$1,700,000

Townhouse In Los Angeles

  • 5 Beds
  • 4 Baths
  • 2,463 Sqft
  • 5,402 Sqft lot
  • Updated: April 25
  • Source:
    San Diego MLS  MLS#AR26077622

About the Property

TTwo Homes on One Lot in Highly Desirable Elysian Valley (Frogtown)! Featuring separate addresses and separate meters, this exceptional property offers versatility for owner-occupants, investors, or multi-generational living. The front home has been remodeled and expanded, while the rear home was newly built in June 2022. Zoned R2, this property provides outstanding flexibility and long-term value
TTwo Homes on One Lot in Highly Desirable Elysian Valley (Frogtown)! Featuring separate addresses and separate meters, this exceptional property offers versatility for owner-occupants, investors, or multi-generational living. The front home has been remodeled and expanded, while the rear home was newly built in June 2022. Zoned R2, this property provides outstanding flexibility and long-term value. This is a rare lifestyle + income opportunityideal to live in one and rent the other, or maximize rental income by leasing both units. Projected rental income is approximately $108,000 per year (rear unit currently leased at $4,800/month; front unit estimated at $4,200+/month), offering strong cash flow potential. The front unit features 3 bedrooms and 2 bathrooms, including a primary suite. The rear unit offers 2 bedrooms and 2 bathrooms, also with a primary suite, plus a single-car garage and private rooftop deck. Both homes are fully detached with no common walls, providing excellent privacy. These modern residences showcase tasteful upgrades and designer-inspired finishes throughout. Each unit offers a bright, open-concept layout with well-designed living spaces and kitchens. The front patio is perfect for outdoor entertaining, while the rear rooftop deck provides an incredible setting to relax, host guests, and enjoy city viewsincluding Dodger Stadium fireworks and Fourth of July celebrations. Located in one of LAs most vibrant and rapidly growing neighborhoods, enjoy close proximity to the LA River Bike Path and popular hotspots including Salazar, Frogtown Brewery, and La Colombe Coffee Roasters. A rare opportunity to own a beautifully updated, income-producing property in one of LAs most exciting neighborhoods.
  • Property type

    Townhouse

  • Floors

    1

  • Year built

    1921

  • Price/sqft

    $690

Features

Explore the Area

2672 Newell, Los Angeles, California, United States View on Google Maps
Price per sqft
Low
High

View 4,957 more listings in Los Angeles

Re/Max Premier Properties - Arcadia

Joined 10 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Re/Max Premier Properties - Arcadia
California, United States
View agency profile
37
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Re/Max Premier Properties - Arcadia
Arcadia, California, United States
View agency profile
Last updated
April 25
First listed
Apr 16
Listing reference
AR26077622
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference AR26077622, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with