Millman Team Real Estate

$1,400,000
3 Bed
2 Bath
1,340 Sqft
0.21 Acre Lot

540 W 118th Street, Los Angeles, California 90044

  • Residential Property Type
  • 1,340 Sqft Square Footage
  • 1954 Year Built
Property Description

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!

Basic Details
Residential
For Sale
IG25145826
$1,400,000
None
3
2
1,340 Sqft
1954
0.21 Acre
Active
2
Single Family Residence
Features
: None
: Central
: Central Air, Wall/Window Unit(s), ENERGY STAR Qualified Equipment
: Living Room
: Tile, Vinyl, Wood
: All Bedrooms Down
: Inside, Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
: Public Sewer
$0
Appliances
: Gas Oven, Gas Range, Disposal, Electric Range, Solar Hot Water
Address Map
CA
Los Angeles
Los Angeles
90044
118th
540
Street
Exit and Vermont Ave, LFT on 116th, Rt on Hoover, LFT on 118th St
C34 - Los Angeles Southwest
W
LAR1
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
1
: Sidewalks
1
2.0
: One
: 2-5 Units/Acre
1
2025-06-29
140000
1
1
: Public
Broker/Agent Information
LPT Realty, Inc
Keniece Perscell
Listing Information
IGPERSKEN
IGLPTR01
Submit
Active
2025-10-18T23:37:43Z
CRMLS
: Standard
2025-10-15T02:33:21Z
Agent info
Ray Millman
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