




2672 Newell, Los Angeles, CA 90039
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.
Bedrooms
5
Bathrooms
4
Square Feet
2,463
Lot Size
5,402 sqft
Year Built
1921
Property Type
Duplex
Days on Market
17
HOA Fee
N/A
Garage Total
1
MLS #
AR26077622
Interior Features
Bedroom On Main Level, Jack And Jill Bath, Main Level Primary
Fireplace
Living Room
Laundry
Electric Dryer Hookup, Gas Dryer Hookup
Main Level Bedrooms
3
Main Level Bathrooms
3
Cooling
Central Air
Heating
Central
Total Parking Spaces
1
Garage Spaces
1
Attached Garage
Yes
Lot Features
Front Yard, Landscaped, Rectangular Lot, Street Level
Sewer
Public Sewer
Water Source
Public
Street Lights, Urban
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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