2672 Newell, Los Angeles, CA 90039

• 5 beds |
• 4 baths |
• 2,463 sqft

Property 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 opportunityideal 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 viewsincluding Dodger Stadium fireworks and Fourth of July celebrations. Located in one of LAs most vibrant and rapidly growing neighborhoods, enjoy close proximity to the LA River Bike Path and popular hotspots including Salazar, Frogtown Brewery, and La C

Listing Status:

Active

Date Added:

March 1, 2026

Data Last Updated:

July 5, 2026 at 12:12AM

Listing Office:

Re/Max Premier Prop Arcadia : 626-229-2200

Listing Agent:

Lei Shen : 626-328-9331

MLS ID:

AR26077622

Interior

• Laundry: Gas & Electric Dryer HU
• A/C: Central Forced Air
• Heating: Forced Air Unit
• Fireplace: FP in Living Room

Exterior

• Pool: N/K
• Parking: Parking spaces: 1

Construction

• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: 5442015013
• View: Neighborhood

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: California Regional MLS