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2672 Newell

Los Angeles, CA 90039
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Bed 5

Bed

Bath 4

Bath

SqFt2,463

Sqft

SqFt5,402

Sqft(Lot)

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 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 sui te. 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,700,000

AD Id : 77054019

MLS Id : AR26077622

Beds : 5

Lot Size : 5,402 Sqft

Living Area Size : 2,463

Year Built : 1921

Garage : 1

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 4
  • Interior Features

    BedroomOnMainLevel, JackAndJillBath, MainLevelPrimary
    Laundry Features: ElectricDryerHookup, GasDryerHookup
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1921
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: Neighborhood

  • Lot Information

    Main Square Feet: 5402 Lot Size Acres: 0.124 Lot Size Source: Assessor Lot Size Square Feet: 5,402 Lot Description: FrontYard,Landscaped,RectangularLot,StreetLevel

  • Listing Price Information

    Listing Price: $1700000
    Cash, CashToNewLoan, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 5442015013 Tax Lot: 43

  • Parking Information

    Parking Total: 1

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 1

  • Location Information

    Direction: North of Riverside Dr WaterSource: Public
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Nearby Home Value

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1930 Blake Avenue, Los Angeles, CA, 90039 $1,050,000 4 3 1,368 1,368 SqFt
2728 Queen Street, Los Angeles, CA, 90039 $1,050,000 2 2 920 920 SqFt
3136 3138 Casitas Avenue, Los Angeles, CA, 90039 $1,599,999 1 3 --
2710 Queen, Los Angeles, CA, 90039 $1,199,999 8 4 3,538 3,538 SqFt
3185 Perlita Avenue, Los Angeles, CA, 90039 $1,475,000 5 4 2,454 2,454 SqFt
3185 Perlita Avenue, Los Angeles, CA, 90039 $1,475,000 4 2 2,454 2,454 SqFt
3202 Minneapolis, Los Angeles, CA, 90039 $1,849,000 3 3 1,600 1,600 SqFt
3803 Seneca Avenue, Los Angeles, CA, 90039 $1,679,000 4 4 2,322 2,322 SqFt
2575 Riverside Terrace, Los Angeles, CA, 90039 $1,399,000 6 3 2,862 2,862 SqFt
4064 Perlita, Los Angeles, CA, 90039 $1,235,000 3 2 --

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ByOwner last updated this listing 07/27/2026 @ 12:36

MLS: AR26077622 LISTED BY: Lei Shen, Re/Max Premier Prop Arcadia 626-229-2200 SOURCE: CRMLS

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