Listing Agent: Keniece Perscell      Broker/Office: LPT Realty, Inc
540 118th Street W Los Angeles CA 90044
$ 1,400,000
  3   |    2   |    1340 Sq Feet

Listing ID

#IG25145826

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1954

Days on website

2

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
Financial Information
List Price:  $ 1400000
Property Features
Community Features:  Sidewalks
Heating:  Central
High School District:  Los Angeles Unified
Laundry Features:  Inside
Levels:  One
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  C34 - Los Angeles Southwest
City:  Los Angeles
Listed By:   Keniece Perscell   LPT Realty, Inc 
CA Lic#