2672 Newell Los Angeles, CA 90039
Open House
Sun Apr 26, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,463 sqft
Price per Sqft $690
MLS Listing ID AR26077622
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1921
Lot Size 5,401 Sqft
Property Sub-Type Duplex
Property Description
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 opportunity—ideal 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 views—including Dodger Stadium fireworks and Fourth of July celebrations.
Located in one of LA's 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 LA's most exciting neighborhoods.
Location
State CA
County Los Angeles
Area 606 - Atwater
Rooms
Main Level Bedrooms 3
Interior
Interior Features Bedroom on Main Level, Jack and Jill Bath, Main Level Primary
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Street Lights, Urban
View Y/N Yes
View Neighborhood
Total Parking Spaces 1
Private Pool No
Building
Lot Description Front Yard, Landscaped, Rectangular Lot, Street Level
Dwelling Type Duplex
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5442015013
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
