#PW25113533, Diego Morales Cerron, Listing office: Homequest Real Estate
#IG25145826·
Listing office: LPT Realty, Inc·
Listing agent: Keniece Perscell·
Listing office phone: 951-588-9927
$1,400,000 List price
540 W 118th St Los Angeles, CA 90044
3 beds
2 full
1,340 sqft
0.2 acres
$1,045 / sqft
House
Property details
About 540 W 118th St
Endless Potential in the Heart of Los Angeles! LIVE IN THE FRONT AND RENT OUT THE BACK!! Welcome to 540 W. 118th St., a rare opportunity to own not just one, but two homes on a single lot—with exciting future potential. The front home offers a comfortable 3-bedroom, 2-bath layout—perfect for an owner-user or income-generating rental. In the rear, a brand-new 3-bedroom, 2.5-bath ADU is currently under construction with an expected completion date of September 2025 and its own address at 538 W. 118th St., Los Angeles, CA 90044. The ADU will offer 1,193 sq ft of thoughtfully designed living space and modern amenities, including: Open floor plan with recessed lighting, Central air & heat, Tankless water heater, Stackable washer/dryer hookups, Mirrored closet doors, Laminate flooring throughout, granite counter tops and shaker cabinets (with the potential for the buyer to select the flooring, counter tops and cabinets—if timing permits!), Ample rear parking with electric-secured fencing, and Paid-off solar for energy efficiency. What’s more—there’s plans to build an additional 500 sq ft, 1-bedroom casita, making this a fantastic multi-unit investment or a solution for multi-generational living. Whether you’re looking to build your portfolio or your future, this one checks all the boxes. Don’t miss your chance to invest in the growing Figueroa Heights community.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingWall/Window Unit(s)
Size1,340 sqft
Lot size0.214 Acres
Year built1954
MLS #IG25145826
Attached garage2 spaces
Summary
- Full Bathrooms: 2
- Interior: All Bedrooms Down
- Fireplace: None
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Heating: Central
- Cooling: Wall/Window Unit(s)
- List Price: $1,400,000
- Price/SqFt: $1,044
- HOA Amount: $0
- Annual Tax Amount: $9,521
- Tax Year: 2024
- Directions: Exit and Vermont Ave, LFT on 116th, Rt on Hoover, LFT on 118th St
- Year Built: 1954
- Stories: 1
- Living Area: 1,340 SqFt
- Lot Size: 0.214 Acres
- MLS Number: IG25145826
- MLS Name: CRMLS
- Office Name: LPT Realty, Inc
- Office Phone: (951) 588-9927
- Listing Agent: Keniece Perscell
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 11:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 03, 2022 | Home Sold | $550,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $765,734 | $9,521 |
| 2023 | $750,720 | $9,338 |
| 2022 | $97,573 | $1,384 |
| 2021 | $95,660 | $1,360 |
| 2020 | $94,680 | $1,323 |
| 2019 | $92,824 | $1,250 |
| 2018 | $91,005 | $1,223 |
| 2017 | $89,222 | $1,223 |
History based on county public records data.
Nearby schools
1
West Athens Elementary School
Public District PK-5
0.6 mi
•1110 W 119th St
3
Figueroa Street Elementary School
Public District KG-5
0.6 mi
•510 W 111th St
4
118th Street Elementary
Public District KG-5
0.7 mi
•144 E 118th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,690. The most common annual income of people living in Los Angeles, CA is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
60%
<35k
28%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
41%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
33%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 540 W 118th St
The listing price of 540 W 118th St property is $1,400,000.
The property 540 W 118th St is a house located in Los Angeles, California, 90044.
Active Listing: 540 W 118th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 540 W 118th St are: West Athens Elementary School (GreatSchools Rating 1/10), Figueroa Street Elementary School (GreatSchools Rating 3/10), 118th Street Elementary (GreatSchools Rating 4/10), Samuel Gompers Middle School (GreatSchools Rating 3/10), Alliance Jack H. Skirball Middle School (GreatSchools Rating 4/10), Ingenium Clarion Charter Middle School (GreatSchools Rating 4/10), University Pathways Medical Magnet Academy (GreatSchools Rating 5/10), Alain Leroy Locke College Preparatory Academy (GreatSchools Rating 2/10), Animo Watts College Preparatory Academy (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $9,521 (source: MLS/based on county public records data).
The last sale was on January 3, 2022 for $550,000 (source: MLS/tax record).
The property at 540 W 118th St has 3 bedrooms and 2 bathrooms.
The property 540 W 118th St is 1,340 SqFt (source: MLS/tax record).
The year of construction for 540 W 118th St is 1954.
This home is located at 540 W 118th St in Los Angeles, CA and zip code 90061 in the Vermont Vista neighborhood. This 1,340 square foot home, which was built in 1954, sits on a 0.21 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $1,400,000.
Los Angeles, CA housing market in June 2025 saw over 282 listings sold above listed price, more than 108 sold at listed price and over 339 sold below. Between May and June 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 9%. The median list price of listings available in June 2025 was $876,067, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.