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Bungalow-Style Duplex with Backyard
For Sale
$1,887,000

840 N Poinsettia Pl, Los Angeles, CA 90046

Move-in ready duplex in LAR3 zoning featuring two separate units with central HVAC and updated finishes.

Days on Market148

Property Features for 840 N Poinsettia Pl

General Information

Standard status Active
Property subtype MULTI_FAMILY
Zoning LAR3

Additional Details

Multifamily Units 2

Building Details

Year Built 1942
Tenancy Multi
Listing Agency: Nelson Shelton & Associates
Listed By: Ellen Urman
Source: Milsteinestates
Added: Mar 5 Changed: Jul 10 Last Checked: Jul 30 at 10:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nelson Shelton & Associates

Investment Insights

Based on property information with market context.

This bungalow-style duplex includes a front unit with three bedrooms and three bathrooms and a separate back unit with one bedroom and one bathroom. Both units are described as move-in condition and feature granite countertops in the kitchens, tiled bathrooms, and hardwood floors. The property also offers a central HVAC system and ample closet space. Utilities are separately metered with separate water heaters and gas and electric meters. Outside, there is a tranquil backyard. A garage with storage and a small office supports added functionality for day-to-day use.

The property is located in the Melrose neighborhood of Los Angeles, on the border of West Hollywood. The surrounding area is described as densely populated, with nearby shops, dining, parks, and entertainment options, and residents have easy access to nightlife and cultural venues.

For tenants, the layout provides privacy with two distinct residences, along with practical in-unit features such as central HVAC, updated kitchen and bathroom finishes, and separate utility setups. For owner-users, the configuration supports living in one unit while renting the other to help offset carrying costs. For value-added operators, the LAR3 zoning and existing duplex structure may align with plans to add additional residential capacity, and for developers, the site is positioned as a redevelopment candidate consistent with multi-unit possibilities referenced in the remarks.

Key Highlights

  • Bungalow‑style duplex built in 1942 in LAR3 zoning with a 3 bed/3 bath front unit and 1 bed/1 bath back unit
  • Both units are move‑in ready with granite countertop kitchens, tiled bathrooms, and hardwood floors
  • Central HVAC system plus separate water heaters and separate gas and electric meters for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Law Firm Restaurant Clothing & Fashion Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,743
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Move-in ready duplex in LAR3 zoning featuring two separate units with central HVAC and updated finishes.
Where is this duplex located?
The property is located at 840 N Poinsettia Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,887,000.
What are key features of this property?
This property features: Bungalow‑style duplex built in 1942 in LAR3 zoning with a 3 bed/3 bath front unit and 1 bed/1 bath back unit; Both units are move‑in ready with granite countertop kitchens, tiled bathrooms, and hardwood floors; Central HVAC system plus separate water heaters and separate gas and electric meters for each unit
More about this property
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