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540 W 118th St, Los Angeles, CA, 90044

6beds
5baths
2,534sqft
$970,000
$383price/sqft
$6,619/moest. monthly cost
$264,760/yrincome needed

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!

Getting Around

59
WalkingSomewhat Walkable
71
TransitExcellent Transit
65
BikeBikeable

Schools

Construction

Condition

  • Property condition: Turnkey
  • Year built: 1954

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Disposal,Gas Oven,Gas Range,Solar Hot Water
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 4
  • Main level bedrooms: 6

Features

  • All Bedrooms Down
  • Flooring: Tile,Vinyl,Wood
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,ENERGY STAR Qualified Equipment,Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 2,534 sqft

Property

Details

  • Parcel number: 6088025006
  • Zoning: LAR1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 9,323 sqft
  • Features: 2-5 Units/Acre

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2