5
See all 5 photos
$1,400,000
Est. payment /mo
3 Beds
2 Baths
1,340 SqFt
New
540 W 118th Street Los Angeles, CA 90044
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Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $1,044
MLS Listing ID IG25145826
Bedrooms 3
Full Baths 2
Year Built 1954
Property Sub-Type Detached
Property Description
Endless Potential in the Heart of Los Angeles! LIVE IN THE FRONT AND RENT OUT THE BACK!! Welcome to 540 W. 118th St., a rare opportunity to own not just one, but two homes on a single lotwith exciting future potential. The front home offers a comfortable 3-bedroom, 2-bath layoutperfect for an owner-user or income-generating rental. In the rear, a brand-new 3-bedroom, 2.5-bath ADU is currently under construction with an expected completion date of September 2025 and its own address at 538 W. 118th St., Los Angeles, CA 90044. The ADU will offer 1,193 sq ft of thoughtfully designed living space and modern amenities, including: Open floor plan with recessed lighting, Central air & heat, Tankless water heater, Stackable washer/dryer hookups, Mirrored closet doors, Laminate flooring throughout, granite counter tops and shaker cabinets (with the potential for the buyer to select the flooring, counter tops and cabinetsif timing permits!), Ample rear parking with electric-secured fencing, and Paid-off solar for energy efficiency. Whats moretheres plans to build an additional 500 sq ft, 1-bedroom casita, making this a fantastic multi-unit investment or a solution for multi-generational living. Whether youre looking to build your portfolio or your future, this one checks all the boxes. Dont miss your chance to invest in the growing Figueroa Heights community.
Location
State CA
County Los Angeles
Zoning LAR1
Direction Exit and Vermont Ave, LFT on 116th, Rt on Hoover, LFT on 118th St
Interior
Heating Forced Air Unit
Cooling Wall/Window
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 6088025006
Special Listing Condition Standard
Listed by Keniece Perscell LPT Realty, Inc
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