840 N Poinsettia Place, Los Angeles, CA 90046

• 4 beds
• 1,991 sqft

Property Description

Attention all investors, developers and owner/users!! Opportunities knock for owning greatly appointed bungalow style duplex in LAR3 zoning with 3 bed 3 bath front unit and 1 bed 1 bath back unit. Property located in the Melrose neighborhood of LA on the border of West Hollywood. Both units in move in condition with granite countertops kitchens, tiled bathrooms, hardwood floors, central HVAC system, and ample amount of closet spaces. Separate water heaters, gas and electric meters, a tranquil backyard, and a garage with storage and small office. This is a fantastic opportunity for an Owner/User to live in one unit and use the rent from the tenants to offset their mortgage or a value-added operator who would construct ADUs to stabilize the property for a higher rate of return, or a developer, who can build multi units. Located in a vibrant and trendy Los Angeles neighborhood. This prime location offers residents easy access to lively nightlife, diverse entertainment venues, cultural hotspots, and trendy dining options for which the area is renowned. The area is densely populated and close proximity of trendy shops, delicious eateries, parks, and entertainment options.

Listing Status:

Active

Date Added:

March 5, 2026

Data Last Updated:

May 1, 2026 at 3:06AM

Listing Office:

Nelson Shelton & Associates : 310-271-2229

Listing Agent:

Ellen Urman : 323-304-4005

MLS ID:

CL26660315

Interior

• A/C: Central Air
• Heating: Central

Exterior

• Parking: OtherPrivateParking spaces: 4

Location

• County: Los Angeles

Lot

• Zoning: LAR35525001058

Utilities

• Utilities: Other Water/Sewer
• Sewer: Other