540 W 118th Street

  • $1,400,000
Los Angeles, California
Active
540 W 118th Street
Los Angeles, California
  • $1,400,000

Overview

  • Residential
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Garages
  • 1340
  • Sqft
  • 281432
  • Property ID

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.

Details

Updated on June 30, 2025 at 1:09 pm
Listed by Keniece Perscell, LPT Realty, Inc
  • Property ID: 281432
  • Price: $1,400,000
  • Property Size: 1340 Sqft
  • Land Area: 9323 Square Feet
  • Bedrooms: 3
  • Bathrooms: 2
  • Garages: 2
  • Year Built: 1954
  • Property Type: Residential
  • Property Status: Active

Schedule a Tour

Tour Type

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Similar Listings

Compare listings

Compare
  • Eddy