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2672 Newell, Los Angeles, California 90039, Los Angeles, 90039 - bed, bath

2672 Newell, Los Angeles, California 90039 home-pic-0
ACTIVE$1,738,000
2672 Newell, Los Angeles, California 90039
0Bed
0Bath
2,486Sqft
5,402Lot
Year Built
1921
Close
-
List price
$1.74M
Original List price
$1.74M
Price/Sqft
$699
HOA
-
Days on market
-
Sold On
-
MLS number
WS25253863
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.74M(92th), sqft - 2486(67th), beds - undefined(50th), baths - undefined(50th).

Two houses in a lot with different numbers and separate meters in water, gas and electricity. Front unit has been remodeled and extended and the second unit at the back is a new ADU that was built in 6/2022 with R2 zoning. Excellent location and is in the Elysian Valley (aka Frogtown), LA Weekly voted, hottest new neighborhood in LA. Stroll to Salazar, Frogtown Brewery and La Colombe or imagine riding your bike along the LA River downtown. Front unit features 3 bedrooms (1 master suite) and 2 baths. The back unit features 2 bedrooms and 2.5 baths (1 master suite) with a single garage and roof top. Two separate units with no common walls. The modern and stylish properties have been tastefully renovated with top-of-the-line finishes and designer-inspired touches throughout. Strategically built with a wonderful open floorplan making it feel warm, yet keeping it light, open and breezy. Well designed and open floor plan and kitchen. The patio at the front unit can provide a lot of entertainment for the family and friends for gathering. The roof top at the back unit provides a wonderful space for parties and gathering. It has nice view of Los Angeles and can see the firework performances during the July 4th weekend and celebration of Dodger games. Wonderful properties and will not last. Both units have been rented out with pretty high monthly rental income

Nearby schools

8/10
Allesandro Elementary School
Public,•K-6•0.3mi
4/10
Glassell Park Elementary School
Public,•K-6•0.6mi
7/10
Dorris Place Elementary School
Public,•K-6•0.8mi
2/10
Aragon Avenue Elementary School
Public,•K-5•1.3mi
7/10
Solano Avenue Elementary School
Public,•K-6•1.8mi
4/10
Loreto Street Elementary School
Public,•K-5•1.9mi
6/10
Irving STEAM Magnet
Public,•6-8•1.3mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.8mi

Price History

Date
Event
Price
11/04/25
Listing
$1,738,000
07/01/22
Sold
$1,770,000
06/20/18
Sold
$725,000
12/20/13
Sold
$402,000
Condition Rating
Excellent
This property features a newly built ADU (June 2022) and an extensively remodeled and extended front unit, both showcasing top-of-the-line finishes and modern design. The kitchens and bathrooms in both units are virtually new, with contemporary cabinetry, white countertops, black modern fixtures, and stainless steel appliances. Throughout, there is consistent light wood flooring, fresh white paint, and modern lighting, indicating a comprehensive and recent renovation that meets current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Income-Generating Property: This property features two distinct units with separate meters for water, gas, and electricity, including a newly constructed ADU (June 2022), offering significant rental income potential as both units are currently rented at high rates.
Prime Location & Neighborhood Appeal: Situated in the highly desirable Elysian Valley (Frogtown), recognized as LA Weekly's 'hottest new neighborhood,' providing excellent walkability and bikeability to popular local amenities, restaurants, and the LA River.
Modern & High-Quality Renovations: Both units have undergone tasteful renovations with top-of-the-line finishes, designer-inspired touches, and open floor plans, ensuring a modern, light, and breezy living experience.
Desirable Outdoor & Entertainment Spaces: The front unit includes a spacious patio ideal for entertaining, while the back ADU boasts a private rooftop deck offering appealing views of Los Angeles, perfect for gatherings and enjoying city fireworks.
Flexible R2 Zoning & Independent Utilities: The R2 zoning provides potential for future development or use flexibility, and separate utility meters for each unit enhance independence and ease of management for owners and tenants.

Cons

Price Point Relative to Recent Sale: The current list price of $1.738M is slightly below its 2022 sale price of $1.77M, which may indicate a market adjustment or limited appreciation, potentially affecting immediate equity for a new buyer.
Age of Original Structure: Despite extensive remodels, the front unit's original construction year of 1921 could raise concerns about underlying infrastructure or unforeseen maintenance requirements not fully addressed by cosmetic updates.
Limited Dedicated Parking: While the back ADU includes a single garage, the description does not specify dedicated parking for the front unit, which could pose a significant challenge and inconvenience in a dense urban area like Los Angeles.

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