$970,000

540 W 118th Street, Los Angeles, CA 90044

6 beds |
5 baths |
2,534 sqft

Single-Family Home
Built in 1954
9,322sqft lot
2 car garage
$383/sqft
Listed 11 days ago

Property Description

Two Homes On ONE LOT. Tons of income potential! Discover an incredible multi-residence property in the heart of Los Angeles—ideal for investors, multi-generational living, or anyone seeking style, comfort, and flexibility. Just minutes from SoFi Stadium, the Kia Forum, and major freeways, this property offers two distinct homes on one spacious lot, each with its own character and opportunity. Front Home – 540 W. 118th Street Step into timeless charm with 1,340 sq ft, featuring 3 bedrooms and 2 baths. You’ll love the warm hardwood flooring, recessed lighting, and a cozy fireplace perfect for relaxing evenings. Each bedroom is generously sized, offering comfort and versatility. A three-car garage provides ample parking and storage—rare for the area. This front home beautifully balances classic design with everyday functionality. Rear Home – 538 W. 118th Street (Built 2025) Brand-new and built with modern living in mind, this 1,193 sq ft residence showcases contemporary design, efficiency, and sophistication. Enjoy the state-of-the-art kitchen with bold navy cabinetry, quartz countertops and backsplash, stainless-steel appliances, and recessed lighting throughout. The bathrooms are equally stunning—spa-inspired with quartz counters, matte-black fixtures, and marble-style tile surrounds. With paid-off solar, washer/dryer hookups, and abundant natural light, this home delivers both luxury and sustainability. Bonus Opportunity The expansive lot still has space to build an additional 600 sq ft one-bedroom, one-bath dwelling, with contractor-drafted plans already available. Whether you envision multi-family living or additional rental income, the potential is already mapped out for you. Prime Location Centrally located near freeways, local schools, SoFi Stadium, and the growing Inglewood entertainment district, this property offers convenience, opportunity, and style all on one lot!

Listing Status:: Active
Date Added:: March 24, 2026
Data Last Updated:: April 1, 2026 at 8:17PM
Listing Office:: LPT Realty, Inc : 877-366-2213
Listing Agent:: Keniece Perscell : 877-366-2213
MLS ID:: IG26061766

General: All Bedrooms Down
Appliances: Electric RangeDisposalGas OvenGas RangeSolar Hot Water
Laundry: Washer HookupElectric Dryer HookupGas Dryer HookupInside
Flooring: TileVinylWood
A/C: Central AirENERGY STAR Qualified EquipmentWall/Window Unit(s)
Heating: Central
Fireplace: Living RoomFireplace

Pool: None
Parking: Parking spaces: 2

General: 1

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
School District: Los Angeles Unified
County: Los Angeles

Zoning: LAR16088025006
View: None

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Keniece Perscell , LPT Realty, Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

West Athens Elementary School

1110 W 119th St, Los Angeles, CA, 90044

Grades PK-5

0.57 miles away

Samuel Gompers Middle School

234 E 112th St, Los Angeles, CA, 90061

Grades 6-8

0.91 miles away

University Pathways Medical Magnet Academy

11227 S San Pedro St, Los Angeles, CA, 90061

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.