826 N Rowan AVE, Los Angeles, CA 90063

$475,000

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Listed by Alejandro Llamas, 7147472035 from Seven Gables Real Estate
(If provided) CoList: from

Sold listing courtesy of Alejandro Llamas from

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Sold Price: $475,000
List Price: $500,000
Closing Date: Apr 29, 2026
MLS#: CROC26050943
Status: SOLD
Lot Size: 5,352
Listing Area: 699 - Not Defined

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Property Description

Discover an exceptional investment and redevelopment opportunity in the heart of East Los Angeles! This duplex property sits on a generous lot (approximately 5,352 sq ft, per public records) and offers immediate income potential, with significant upside through new construction. The main house, originally built in 1910, is a classic older structure widely considered a teardown candidate-ideal for razing to make way for a modern single-family home, two stylish townhouses, or other high-demand residential configurations (buyer to verify with local zoning and permitting). Paired with this is a separate, functional studio apartment, built in 1955, featuring a convenient kitchenette and 3/4 bath-perfect for rental income, guest quarters, or caretaker use while plans progress with minimal updates. Additional highlights include a two-car garage for secure parking and storage. Strong location in a vibrant, up-and-coming East LA neighborhood with easy access to downtown Los Angeles, major freeways, public transit, shopping, dining, and cultural amenities. Existing multi-family zoning/use (currently configured as a duplex) supports income now while positioning for maximum future value. Whether you're an investor seeking cash flow with redevelopment potential, a builder eyeing a prim

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Additional Information

Amenities: High Ceiling
Laundry Facilities: Gas Hookup, 30
Lot Description: Grade - Level
Lot Size: 5,352
Neighborhood: 699 - Not Defined
Numberof Units: 2
Other Rooms: Attic
Pool Description: None
Roof: 2
Unincorporated Yn: Yes

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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.