5
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Listed by Keniece Perscell • LPT Realty, Inc
$1,400,000
Est. payment /mo
3 Beds
2 Baths
1,340 SqFt
New
540 West 118th Street Los Angeles, CA 90044
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $1,044
MLS Listing ID IG-25145826
Bedrooms 3
Full Baths 2
Year Built 1954
Lot Size 9,323 Sqft
Property Sub-Type Single Family Residence
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 lot--with exciting future potential. The front home offers a comfortable 3-bedroom, 2-bath layout--perfect 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 cabinets--if timing permits!), Ample rear parking with electric-secured fencing, and Paid-off solar for energy efficiency. What's more--there's 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 you're looking to build your portfolio or your future, this one checks all the boxes. Don't miss your chance to invest in the growing Figueroa Heights community.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Sw
Zoning LAR1
Interior
Heating Central
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer