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Los Angeles, CA

$950,000

540 W 118th Street, Los Angeles, CA
6
Beds
5
Baths
2,534
Sq Ft
1954
Built
121
Days listed

About this home

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!

Facts & features

Interior
Bedrooms
6
Bathrooms
5 full
Living area
2,534 sq ft
Interior features
All Bedrooms Down
Appliances
Electric Range, Disposal, Gas Oven, Gas Range, Solar Hot Water
Flooring
Tile, Vinyl, Wood
Fireplace
Living Room
Heating
Central
Cooling
Central Air, Energy Star Qualified Equipment, Wall Window Units
Laundry
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Levels
One
Exterior & lot
Lot size
0.214 acres (9,323 sq ft)
Pool
None
Year built
1954
Parking spaces
2
Community
Area
C 34 - Los Angeles Southwest
County
Los Angeles
Community features
Sidewalks
Listing details
Status
Active
Property type
Single Family Residence
Days on market
121
Listed
2026-03-21
Original price
$970,000
Terms
Submit
Parcel #
6088025006
MLS #
IG26061766
Listed by
Keniece Perscell · LPT Realty, Inc

Location

Price history

Listed
$970,000 · 2026-03-21
Price reduced
$950,000 (−$20,000)
Days on market
121
Current price
$950,000
Financing

Could this home be yours?

Estimated monthly payment
$5,960
$4,804 principal & interest · $1,156 taxes & insurance
$190,000
Estimate only
Loan $760,000

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Estimated value range nearby
$1,335,927$1,568,262

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Listing data provided by CRMLS

Listing courtesy of LPT Realty, Inc. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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