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New construction
    • Listed by: EXCELLENCE RE REAL ESTATE • DAVID XU • Contact: 626-466-8694
    $1,490,000

    1231 S Rowan Ave, Los Angeles, CA 90023

    6beds
    2,863sqft
    : 
    $9,642/mo
    Get pre-qualified
    Duplex
    Built in 2026
    5,338 Square Feet Lot
    $1,484,100 Zestimate®
    $520/sqft
    $-- HOA

    What's special

    2026 BRAND NEW Luxury 3-Story Home + Income-Generating Unit! RARE OPPORTUNITY IN BOYLE HEIGHTS! Welcome to this stunning, multi-generational dual-residence property featuring a BRAND NEW (2026) 2,273 sqft 3-story back house and a charming 590 sqft front house with reliable income. THE MAIN RESIDENCE (Rear House): Experience modern luxury in this massive 4BR/4BA masterpiece. Designed with triple-exposure (East, South, West) for incredible natural light throughout the day. • Lifestyle: Enjoy sun-drenched mornings on your expansive 2nd-floor terrace facing East. • Space: Three levels of meticulously designed living space, perfect for large families or those seeking a home office with a view. • Parking: Rare and spacious 4-car garage—a true luxury in Los Angeles! THE INCOME PRODUCER (Front House): A cozy, well-maintained 2BR/1BA unit currently leased at $2,100/month (1-year lease signed Jan 2026). This steady cash flow can significantly offset your mortgage, making high-end living more affordable than ever! INVESTOR & BUYER PERKS: • SELLER CREDIT: Motivated Seller is offering 1% to 3% CREDIT to buyers for interest rate buy-down or closing costs! • Efficiency: Separated utilities for easy management. • Location: Prime East LA location with easy access to the 5, 60, and 710 freeways, minutes from DTLA. Live in luxury while your tenant helps pay the mortgage. This is the ultimate "House Hacking" dream! Don’t miss out—schedule your tour today!
    263 days
    |
    141
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    DAVID XU DRE #02044607 626-466-8694,

    EXCELLENCE RE REAL ESTATE

    Source: CRMLS,MLS#: MB25239798MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 5
      • Main level bathrooms: 5
      • Main level bedrooms: 5
      Rooms
      • Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom
      Bedroom
      • Features: Multi-Level Bedroom
      Bedroom
      • Features: Bedroom on Main Level
      Cooling
      • Central Air
      Appliances
      • Included: Dryer
      • Laundry: Upper Level
      Features
      • Bedroom on Main Level
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,863 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Attached
      • Attached garage spaces: 4
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: Street
      • Pool features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 5,338 Square Feet
      • Features: Level, Rectangular Lot
      Details
      • Parcel number: 5242013025
      • Zoning: LCR4YY
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Duplex
      Condition
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Urban
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $520/sqft
      • Tax assessed value: $482,848
      • Annual tax amount: $6,479
      • Date on market: 11/1/2025
      • Cumulative days on market: 263 days
      • Listing terms: Cash,Cash to New Loan,Cal Vet Loan,1031 Exchange,FHA 203(b),FHA 203(k),FHA

        Estimated market value

        $1,484,100

        $1.41M - $1.56M

        $6,798/mo

        Price history

        DateEventPrice
        2/5/2026Price change$1,490,000+2.8%$520/sqft
        Source: CRMLS #MB25239798 Report a problem
        1/10/2026Listing removed$2,000$1/sqft
        Source: CRMLS #MB26001278 Report a problem
        1/4/2026Listed for rent$2,000$1/sqft
        Source: CRMLS #MB26001278 Report a problem
        11/1/2025Price change$1,450,000+81.3%$506/sqft
        Source: CRMLS #MB25239798 Report a problem
        8/8/2024Price change$799,999+6.7%$279/sqft
        Source: CRMLS #MB24002573 Report a problem
        8/5/2024Price change$750,000+25%$262/sqft
        Source: CRMLS #MB24002573 Report a problem
        1/5/2024Listed for sale$599,999+31.9%$210/sqft
        Source: CRMLS #MB24002573 Report a problem
        2/9/2022Sold$455,000$159/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,479 +1.2%$482,848 +2%
        2024$6,399 +1.7%$473,381 +2%
        2023$6,290 +4.7%$464,100 +1537.1%
        2022$6,005 +477.7%$28,349 +2%
        2021$1,039 +0%$27,794 +1%
        2020$1,039 $27,510 +2%
        2019$1,039 +11.5%$26,971 +2%
        2018$932 $26,443 +2%
        2017$932 +1.8%$25,926 +2%
        2016$916 +22.8%$25,419 +1.5%
        2015$746 +0.4%$25,038 +2%
        2014$743 $24,548 +2.5%
        2012-- $23,960 +2%
        2011-- $23,491 +0.8%
        2010-- $23,316 -0.2%
        2009-- $23,373 +2%
        2008-- $22,916 +2%
        2007-- $22,467 +2%
        2006-- $22,027
        2005-- $22,027 +4%
        2004-- $21,175 +1.9%
        2003-- $20,788 +2%
        2002-- $20,381 +4%
        2000-- $19,591
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 90023

        Getting around

        78 / 100
        Very Walkable
        52 / 100
        Good Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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