540 W 118th Street
Los Angeles, CA 90044 • 3 Bed • 2 Bath • 1,340 sq.ft.

Property summary

Endless Potential in the Heart of Los Angeles! LIVE IN THE FRONT AND RENT OUT THE BACK!! Welcome to 540 W. 118th St., a rare opportunity to own not just one, but two homes on a single lot—with exciting future potential. The front home offers a comfortable 3-bedroom, 2-bath layout—perfect for an owner-user or income-generating rental. In the rear, a brand-new 3-bedroom, 2.5-bath ADU is currently under construction with an expected completion date of September 2025 and its own address at 538 W. 118th St., Los Angeles, CA 90044. The ADU will offer 1,193 sq ft of thoughtfully designed living space and modern amenities, including: Open floor plan with recessed lighting, Central air & heat, Tankless water heater, Stackable washer/dryer hookups, Mirrored closet doors, Laminate flooring throughout, granite counter tops and shaker cabinets (with the potential for the buyer to select the flooring, counter tops and cabinets—if timing permits!), Ample rear parking with electric-secured fencing, and Paid-off solar for energy efficiency. What’s more—there’s plans to build an additional 500 sq ft, 1-bedroom casita, making this a fantastic multi-unit investment or a solution for multi-generational living. Whether you’re looking to build your portfolio or your future, this one checks all the boxes. Don’t miss your chance to invest in the growing Figueroa Heights community.

Days on market: 4

Listing updated: July 03, 2025 - 01:39:07

Property details

Property ID
IG25145826
Size
1340 sq.ft.
Home Type
Residential
Year Built
1954
Property Size
0.214 acre
Garage
2
Levels
1
Spa
No
Patio
No
Basement
No
View
None
Pool
None

Listed by: Keniece Perscell DRE #02085563 877-366-2213, LPT Realty, Inc - The Inland Gateway

Source: The Inland Gateway, MLS#: IGLPTR01 Originating MLS: CRMLS

Interior information

Rooms
Bedroom
Bathrooms
2
Kitchen
N/A
Cooling
Wall/Window Unit(s)
Heating
Central
Flooring
N/A
Laundry
Inside
$1,400,000
Property price
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Revesty savings: $52K
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-05 14:54:03 PST and /or other sources. 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.

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