Active

2672 Newell

Los Angeles, CA 90039

$1,700,000 $7,167/Mo

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Overview

Bed

Bath

2,463

Sqft

5,402

Sqft(Lot)

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 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.

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

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 5

Bathroom Information

Total Baths: 4 Full Baths: 4

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Interior Features: Bedroom on Main Level,Jack and Jill Bath,Main Level Primary Fireplace: Living Room
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Fireplace

Fireplace Features: Living Room Has Fireplace: 1

Building Information

Year Built: 1921
Pool Features

None

Laundry Features

Electric Dryer Hookup,Gas Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.124
Lot Size Source: Assessor Lot Size Square Feet: 5402

Listing Price Information

Original List Price: 1,700,000 Listing Contract Date: 2026-03-01
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5442015013

Garage and Parking

Attached Garage: Yes

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: 606 - Atwater Directions: North of Riverside Dr Source Property Type: Residential Area: 606 - Atwater Property SubType: Duplex
Building and Construction

Property Age: 105 Common Walls: No Common Walls Structure Type: Duplex Year Built Source: Public Records Total Square Feet Living: 2463 Entry Level: 1 Entry Location: front Levels or Stories: One Building Total Stories: 1 Structure Type: Duplex

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
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
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
2575 Riverside Terrace, Los Angeles, CA, 90039	$1,399,000	6	3	2,862	2,862 SqFt
4413 La Clede, Los Angeles, CA, 90039	$1,150,000	4	3	1,891	1,891 SqFt
4057 Baywood, Los Angeles, CA, 90039	$1,190,000	6	4	2,275	2,275 SqFt
2051 Lake Shore, Los Angeles, CA, 90039	$1,150,000	3	3	1,782	1,782 SqFt
4140 Edenhurst Avenue, Los Angeles, CA, 90039	$1,175,000	1	1	1,836	1,836 SqFt
4144 Edenhurst Avenue, Los Angeles, CA, 90039	$1,175,000	1	1	1,800	1,800 SqFt

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ByOwner last updated this listing 06/12/2026 @ 01:04

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