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!
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
Duplex
Built in 2026
5,338 Square Feet Lot
$1,484,600 Zestimate®
$520/sqft
$-- HOA
What's special
- 311 days
- 130
- 3
Zillow last checked:
Listing updated:
Listed by:
DAVID XU DRE #02044607 626-466-8694,
EXCELLENCE RE REAL ESTATE
Source: CRMLS,MLS#: MB25239798
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & 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
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: $492,504
- Date on market: 11/1/2025
- Cumulative days on market: 311 days
- Listing terms: Cash,Cash to New Loan,Cal Vet Loan,1031 Exchange,FHA 203(b),FHA 203(k),FHA
Estimated market value
$1,484,600
$1.41M - $1.56M
$6,224/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Price change | $1,490,000+2.8%$520/sqft |
Source:  CRMLS #MB25239798 Report a problem | ||
| 1/10/2026 | Listing removed | $2,000$1/sqft |
Source: CRMLS #MB26001278 Report a problem | ||
| 1/4/2026 | Listed for rent | $2,000$1/sqft |
Source: CRMLS #MB26001278 Report a problem | ||
| 11/1/2025 | Price change | $1,450,000+81.3%$506/sqft |
Source: CRMLS #MB25239798 Report a problem | ||
| 8/8/2024 | Price change | $799,999+6.7%$279/sqft |
Source: CRMLS #MB24002573 Report a problem | ||
| 8/5/2024 | Price change | $750,000+25%$262/sqft |
Source: CRMLS #MB24002573 Report a problem | ||
| 1/5/2024 | Listed for sale | $599,999+31.9%$210/sqft |
Source: CRMLS #MB24002573 Report a problem | ||
| 2/9/2022 | Sold | $455,000$159/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $492,504 +2% |
| 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.Climate risks
Neighborhood: 90023
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