2672 Newell St Los Angeles, CA 90039
Elysian Valley NeighborhoodEstimated payment $11,074/month
Highlights
- Main Floor Bedroom
- No HOA
- 1 Car Attached Garage
- Allesandro Elementary Rated 9+
- Neighborhood Views
- Laundry Room
About This Home
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 opportunity—ideal 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 views—including Dodger Stadium fireworks and Fourth of July celebrations.
Located in one of LA’s most vibrant and rapidly growing neighborhoods, enjoy close proximity to the LA River Bike Path and popular hotspots including Salazar, Frogtown Brewery, and La Colombe Coffee Roasters.
A rare opportunity to own a beautifully updated, income-producing property in one of LA’s most exciting neighborhoods.
Listing Agent
Re/Max Premier Prop Arcadia Brokerage Phone: 626-328-9331 License #02149555 Listed on: 04/13/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 5,402 Sq Ft Lot
- No Common Walls
- Landscaped
- Rectangular Lot
- Level Lot
- Front Yard
Parking
- 1 Car Attached Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,463 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Neighborhood Views
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Jack-and-Jill Bathroom
- 4 Full Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Additional Features
- Exterior Lighting
- Urban Location
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 43
- Tax Tract Number 2305
- Assessor Parcel Number 5442015013
- $368 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,272 | $1,841,507 | $1,473,206 | $368,301 |
| 2024 | $21,946 | $1,805,400 | $1,444,320 | $361,080 |
| 2023 | $21,597 | $1,770,000 | $1,416,000 | $354,000 |
| 2022 | $9,291 | $777,344 | $621,876 | $155,468 |
| 2021 | $9,179 | $762,103 | $609,683 | $152,420 |
| 2019 | $8,901 | $739,500 | $591,600 | $147,900 |
| 2018 | $5,363 | $433,099 | $346,480 | $86,619 |
| 2016 | $5,126 | $416,283 | $333,027 | $83,256 |
| 2015 | $5,052 | $410,031 | $328,025 | $82,006 |
| 2014 | $5,074 | $402,000 | $321,600 | $80,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/13/2026 04/13/26 | For Sale | $1,700,000 | +134.5% | $690 / Sq Ft | |
| 06/21/2018 06/21/18 | Sold | $725,000 | +3.9% | $912 / Sq Ft | View Prior Sale |
| 05/21/2018 05/21/18 | For Sale | $698,000 | 0.0% | $878 / Sq Ft | |
| 05/10/2018 05/10/18 | Pending | -- | -- | -- | |
| 04/26/2018 04/26/18 | For Sale | $698,000 | +73.6% | $878 / Sq Ft | |
| 12/20/2013 12/20/13 | Sold | $402,000 | -3.1% | $506 / Sq Ft | View Prior Sale |
| 12/08/2013 12/08/13 | For Sale | $415,000 | 0.0% | $522 / Sq Ft | |
| 11/20/2013 11/20/13 | Pending | -- | -- | -- | |
| 10/18/2013 10/18/13 | For Sale | $415,000 | -- | $522 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Wfg National Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Gift Deed | -- | Wfg National Title | |
| Grant Deed | $1,770,000 | Ticor Title | |
| Grant Deed | $725,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Usa National Title Company | |
| Interfamily Deed Transfer | -- | Usa National Title Co | |
| Grant Deed | $402,000 | Ortc | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $1,200,000 | Construction | |
| Previous Owner | $616,250 | Commercial | |
| Previous Owner | $475,393 | FHA | |
| Previous Owner | $475,681 | FHA | |
| Previous Owner | $388,583 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26077622
APN: 5442-015-013
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Ask me questions while you tour the home.