2672 Newell, Los Angeles, CA 90039
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2672 Newell, Los Angeles, CA 90039
2672 Newell, Los Angeles, CA 90039
2672 Newell, Los Angeles, CA 90039
2672 Newell, Los Angeles, CA 90039
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Jon Shea

Jon Shea

+1(858) 485-5100
$ 1,700,000
Est. payment /mo
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Open 5/3 2PM-4AM

2672 Newell Los Angeles, CA 90039

5 Beds

4 Baths

2,463 SqFt

Open House

Sun May 03, 2:00pm - 4:00am

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhome

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

Year Built 1921

Lot Size 5,402 Sqft

Property Sub-Type Townhome

Property Description

TTwo Homes on One Lot in Highly Desirable Elysian Valley (Frogtown)! 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 opportunityideal 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 viewsincluding Dodger Stadium fireworks and Fourth of July celebrations. Located in one of LAs most vibrant and rapidly growing neighborhoods, enjoy close proximity to the LA River Bike Path and popular hotspots including Salazar, Frogtown Brewery, and La C

Location

State CA

County Los Angeles

Direction North of Riverside Dr

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplaces Type FP in Living Room

Fireplace No

Laundry Gas & Electric Dryer HU

Exterior

Garage Spaces 1.0

View Y/N Yes

Water Access Desc Public

View Neighborhood

Total Parking Spaces 1

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 5442015013

Acceptable Financing Cash, Conventional, Exchange, Lease Option, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, Lease Option, Cash To New Loan

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Lei Shen, DRE#02149555 Re/Max Premier Prop Arcadia 
Jon Shea

Jon Shea

Agent

+1(858) 485-5100

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2672 Newell