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$970,000
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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!
Full Property Details
Full Property Details for 540 W 118th St
General
- Price: $970,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: IG26061766
- Updated: 3/25/2026
- Days on Market: 10 days
- Added to Site: 11 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Disposal, Solar Hot Water, Electric Range, Gas Range, Gas Oven
- Flooring: Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside, Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Los Angeles
- Driving Directions: Exit and Vermont Ave, LFT on 116th, Rt on Hoover, LFT on 118th St
School Information
- School District: Los Angeles Unified
Community
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s), ENERGY STAR Qualified Equipment
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,534
- Sq. Ft. Source: Assessor
- Year Built: 1954
- Year Built Source: Assessor
- Property Condition: Turnkey
Lot Features
- Property View: None
- Lot Size (Acres): 0.214
- Lot Size (Sq. Ft.): 9,323
- Lot Size Source: Assessor
- Zoning: LAR1
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $382.79
Disclosures and Reports
- Special Conditions: Standard
Listed by LPT Realty, Inc, Keniece Perscell
Get Pre-Approved Today
Schools
Schools serving 540 W 118th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
West Athens Elementary School 1110 West 119th Street, Los Angeles, CA 90044 | PK-5 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 540 W 118th St
Date
Details
Price
Change
Source
3/24/2026
Listed
$970,000
76.36%
MLS
12/07/2021
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 540 W 118th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,628
3%
$781,047
4%
2023
$9,339
574%
$750,720
669%
2022
$1,385
2%
$97,573
2%
2021
$1,361
-1%
$95,660
1%
2020
$1,368
3%
$94,680
2%
2019
$1,324
6%
$92,824
2%
2018
$1,251
2%
$91,005
2%
2017
$1,223
4%
$89,222
2%
2016
$1,181
1%
$87,474
2%
2015
$1,166
-1%
$86,161
2%
2014
$1,179
—
$84,474
—
2013
$1,179
—
$84,093
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 540 W 118th St
540 W 118th Street, Los Angeles, CA 90044 (MLS# IG26061766) is a Single Family property with 6 bedrooms and 5 full bathrooms. 540 W 118th Street is currently listed for $970,000 and was received on March 24, 2026. Want to learn more about 540 W 118th Street? Do you have questions about finding other Single Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

