Downtown L.A. (C42) Homes with Two Levels Stories

Downtown L.A. (C42) Homes with Two Levels Stories

Welcome to Downtown Los Angeles (C42), a vibrant urban oasis that beautifully marries the hustle and bustle of city life with the charm of a close-knit community. Nestled in the heart of Los Angeles County, this dynamic neighborhood is a cultural melting pot, offering a rich tapestry of experiences that cater to every lifestyle.

Downtown L.A. is renowned for its iconic skyline, featuring stunning high-rises and historic buildings that tell the story of the city’s evolution. With a diverse array of restaurants, art galleries, and entertainment venues, residents can enjoy everything from gourmet dining to world-class performances at the Walt Disney Concert Hall. The area is also home to several parks, providing a serene escape from the urban pace, perfect for leisurely strolls or weekend picnics.

When it comes to housing, Downtown L.A. offers a unique selection of homes, including charming two-level stories that provide ample space and comfort. These multi-story residences are designed to maximize both functionality and style, featuring open floor plans, modern amenities, and often breathtaking views of the cityscape. Whether you’re a first-time homebuyer or looking to upgrade, these homes offer the perfect blend of contemporary living and urban charm.

With a thriving real estate market and a community that embraces innovation and creativity, Downtown L.A. is not just a place to live; it’s a lifestyle. Experience the excitement of city living while enjoying the comforts of a welcoming neighborhood. Your dream home awaits in this remarkable part of Los Angeles!

Newest Downtown L.A. (C42) Homes with Two Levels Stories

1801 W 5th Street, Los Angeles
$1,998,000
6 Beds ⋅ 6 Baths ⋅ 26991617 MLS ⋅ Active Status
THIS PROPERTY SALE INCLUDED 2 APNS: 5154-024-001 & 5154-024-002. Prime Development opportunity with a double lot totaling 12,200 SF of land and 6,900 SF across two buildings, totaling 9 current units. Can develop approximately 50 residential units. see attached. Perfect Investment Opportunity for First Time Investors, 1031 Exchange or Ideal Addition to Existing Investment Portfolio. Prime Development Opportunity- Double Lot Totaling 12,002 SF across Two Buildings, 6,900 SF Interior Space, 9 Rental Units, Remodeled & Maintained(3)Exceptionally Rare Development Up-to 50 Residential Unit, Including Micro-Units. Attractive & Strong Current Passive Income = $14,134/mon. Presently, All Tenants are Current on Rents !! There is a 2 unit Vacancy, so there is immediate potential for more rent/income!! Located in Highly/Densely populated Westlake Community; Strong Rental Demand, Mins to Dwntwn Los Angeles, Hollywood, Silver Lake, Korea Town, Beverly Hills & Major LA & World Attractions. High Cap Rate nearly 6.61% (Actual) / 9.54% (Pro-Forma). Great Rental Income Upside / Sellers Highly Motivated. ALL DEVELOPMENT INFORMATION PROVIDED SHOULD NOT BE RELIED ON AND BUYER TO CONDUCT THEIR OWN DUE DILIGENCE.

1801 W 5th Street, Los Angeles
705 E 108th, Los Angeles
$950,000
DW26237086 MLS ⋅ Active Status
BEAUTIFUL UNITS, EXCELENT LOCATION, RECENT REMODELED, LIVE IN ONE RENT THE OTHER ONE!!!!! RECENTLY REMODELED, UNITS ARE VACANTS

705 E 108th, Los Angeles
4610 Compton Avenue, Los Angeles
$795,000
SR26235651 MLS ⋅ Active Status
4610 Compton Avenue is a five-unit multifamily property located in the Central-Alameda neighborhood of Los Angeles, near Downtown Los Angeles, the City of Vernon, and the Metro A Line Vernon Station. Built in 1962, the property encompasses approximately 3,124 square feet of building area on an approximately 4,880-square-foot lot zoned LAC2. The property reflects an underwritten 6.14% cap rate and 8.41 GRM, incorporating projected monthly rent of $1,995 for one two-bedroom/one-bath apartment. The unit mix consists of one one-bedroom/one-bath apartment, two two-bedroom/one-bath apartments, one two-bedroom/two-bath apartment, and one three-bedroom/one-bath apartment. Two- and three-bedroom units comprise 80% of the residential mix, providing a concentration of layouts with additional bedroom capacity. The property's reported average occupancy of 98% over the preceding twelve months reflects its recent leasing history. One two-bedroom/one-bath apartment is available for leasing. The property presents approximately 36.2% rental upside potential based on projected market rents, subject to applicable rent regulations and leasing outcomes. Eight on-site parking spaces in the rear parking area complement the residential configuration. The property is located near the historic Central Avenue corridor, Pacific Boulevard shopping district, South Park Recreation Center, and employment centers in Vernon and Downtown Los Angeles. Nearby Metro A Line service and the 110 and 10 freeways provide transportation connections throughout Los Angeles.

4610 Compton Avenue, Los Angeles
127 S Westlake Avenue, Los Angeles
$1,175,000
4 Beds ⋅ 2 Baths ⋅ 26104540 MLS ⋅ Active Status
Steeped in the timeless elegance of early 20th-Century design, this 1908 Craftsman residence at 127 South Westlake Avenue is a rare expression of authentic architectural heritage that has been restored to its former glory: thick moldings, finely milled casings, and thoughtfully proportioned rooms that reflect the hallmark principles of the Craftsman movement--simplicity, natural materials, and enduring design. Inside, an extraordinary abundance of original woodwork sets a warm and inviting tone--brand new brass lighting fixtures throughout present an exciting contrast to the dark and beautiful Douglas fir and pine trims that frame doorways and windows with depth and character. Newly refinished original white oak and pine flooring throughout offer a glimpse of the home's enduring quality. The grand yet inviting formal living and dining rooms pay homage to the home's heritage, evoking the elegance and craftsmanship of a bygone era while offering warm, welcoming spaces for today's living. The downstairs bedroom enjoys its own direct access to the expansive backyard via a newly rebuilt private staircase, creating a seamless connection between indoor and outdoor living. The kitchen with its original cabinetry enjoys a fresh coat of paint with brand new appliances. Take in the breathtaking DTLA view from the upstairs front bedroom, or views of the Observatory and The Hollywood Sign from the rear bedroom/den. The inviting, deep front porch offers the perfect setting for morning coffee, afternoon tea, or an evening with a glass of your favorite beverage while taking in peekaboo views of the Downtown LA skyline. The home's exterior has undergone a thoughtful restoration, including the painstaking removal of decades-old textured coating followed by meticulous cementitious finish, giving the home a beautifully refined appearance. The long driveway affords abundance of parking spaces. The detached two-car garage had been divided into two rooms by previous owner(s). The possibilities are truly endless in this beautiful home. Located in a vibrant and culturally rich hub, the home is close to the 101 Freeway and Downtown LA, with many local restaurants and attractions such as Echo Park Lake, Unidad Park, Doubting Thomas, Crawfords Kitchen, HIFI Kitchen, Thunderbolt and many many more. Per neighboring residents, the property previously featured an in-ground swimming pool, which is no longer present. Buyer to independently investigate and verify this and any and all other aspects pertaining to the property.

127 S Westlake Avenue, Los Angeles
205 W Vernon Avenue, Los Angeles
$895,000
5 Beds ⋅ 7 Baths ⋅ 26104765 MLS ⋅ Active Status
We are pleased to present this 7-unit apartment community located at 205 W Vernon Ave, less than 10 minutes away from Downtown Los Angeles, offered at a 7.91 GRM on current rents with upside potential to achieve an 8.31% CAP and 6.24 GRM with proforma rents. This opportunity consists of a two-story building offering a total of 3,655 rentable square feet. Built in 1907, the property is situated on a 5,881-square-foot LAC2 zoned lot with five uncovered parking spaces in the rear. The unit mix consists of one (1) two-bedroom one-bathroom unit, three (3) one-bedroom one-bathroom units, and three (3) studio units, with 4 out of 7 units having been renovated. One studio and a one-bedroom unit will be delivered VACANT at closing. Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superiors Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

205 W Vernon Avenue, Los Angeles
6530 Denver, Los Angeles
$949,900
PW26229334 MLS ⋅ Active Status
Outstanding Investment Opportunity Featuring A Well-Maintained Triplex Recently renovated. This Property Presents An Excellent Potential For Investors Or First Time Home Buyers. Conveniently Located Near Freeway Access, Kia Forum, Sofi Stadium. This property Offers Excellent Proximity To University Of Southern California, BMO Stadium. Schools, Dinning And Entertainment Only A Few Minutes Away. Front Unit Left Offers Two Bedrooms One Bathroom, Front Right Unit Offers One Bedroom One Bathroom. Building On The Back Is A Two Bedroom One Bathroom. Good Size Units, Lot Of Potential. Opportunities Like This Do Not Show Up Often. Don't Miss Your Chance To Own This Multi-Family Asset Right On The Heart Of Los Angeles.

6530 Denver, Los Angeles
161 S Burlington Avenue, Los Angeles
$3,995,000
18 Beds ⋅ 14 Baths ⋅ 26104100 MLS ⋅ Active Status
Huge ~800k Price Reduction! Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 7.25% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 9.6% Cap Rate after taking into account all construction costs (~775k assuming $300/SF). All 14 units have been completely vacated and remodeled, boasting a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 8 (1bed/1bath) units, and 4 (2bed/1bath) units. Additionally, the major systems have been updated, including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 8,283 SF R4-1 Lot TOC Tier 2 with future development potential. This property is located in the trendy & historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.

161 S Burlington Avenue, Los Angeles
1344 W 4th Street, Los Angeles
$3,750,000
20 Baths ⋅ 26104033 MLS ⋅ Active Status
Huge 750k Price Reduction! Renovated 20-unit apartment building cash flowing at an amazing Current 8.25% Cap Rate from day 1 with upside to a 12.2% Cap on Proforma! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 10% Current Cap Rate, 13.5% Proforma Cap, and only $169k/unit after taking into account all constructions costs (~322k assuming $350/SF). The property features 20 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Almost every single unit (95%) has been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers an on-site laundry room, which could be re-opened to generate additional income. Located in the heart of Westlake, just steps away from trendy Echo Park, FilipinoTown, DTLA, and Koreatown. Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime urban corridor.

1344 W 4th Street, Los Angeles
6910 S Main Street, Los Angeles
$949,000
11 Beds ⋅ 5 Baths ⋅ 26102135 MLS ⋅ Active Status
We are proud to present 6910 Main St, a 5-unit multifamily property located in Los Angeles offered at an 8.73 GRM and 7.69% CAP on actual income. This property consists of a detached, single-story home in the front and a 2-story 4-unit building in the rear consisting of a total of 3,542 rentable square feet. Built in 1922, the property sits on a sizable 10,167 square foot LAC2-zoned midblock that is fully parked with uncovered driveway parking with excess land that may continue to serve as parking and/or for future ADU(s). The unit mix features one (1) three-bedroom one-bathroom unit in the front house and four (4) two-bedroom one-bathroom units in the rear 4 unit. Three out of five units (all two-bedrooms units) have been renovated. Located off of Main St and W 70th St nearby Bethune Middle School just two blocks east of the 110 freeway nearby numerous transit stops, this location offers excellent access to Downtown Los Angeles and neighboring communities such as Inglewood, Gardena, Crenshaw, Huntington Park, Lynwood and more. Contact the listing broker for additional information.

6910 S Main Street, Los Angeles
134 E 31st Street, Los Angeles
$925,000
PW26221449 MLS ⋅ Active Status
3 BEDROOM 2 BATH UNIT VACANT AT COE, offering a new owner the opportunity to OWNER OCCUPY the unit or lease it while benefiting from income generated by the remaining units. Including the pro forma rent for the vacant 3-bedroom unit, the property generates just under $7,000 in monthly rental income. 134 E 31st Street is a 4-unit multifamily opportunity featuring a unit mix of (1) 3+2, (2) 2+1, and (1) 1+1. The remaining units are occupied by long-term tenants, providing dependable in-place income and stability from day one. This creates an attractive balance of reliable current cash flow, immediate lease-up potential, and long-term rental upside as units turn over over time. Located just east of USC and Exposition Park, the property benefits from proximity to Downtown Los Angeles, major employment centers, transit, the LA Memorial Coliseum, BMO Stadium, the California Science Center, and other major destinations. Its central location, established tenancy, and immediate vacancy make 134 E 31st Street a compelling opportunity for both investors and owner-users seeking long-term value in Los Angeles.

134 E 31st Street, Los Angeles
6701 S San Pedro Street, Los Angeles
$1,650,000
16 Beds ⋅ 8 Baths ⋅ 26999373 MLS ⋅ Active Status
6701 S San Pedro is an eight-unit apartment complex located in South Los Angeles, near Gage and east of the110 freeway. The building has an excellent unit mix of (2) 4 bedroom - 2 bath units, (2) 4 bedroom -1.5 bath units, (3) 3bedroom 1.5 bath units and 1-3 bedroom 1 bath unit. The complex is huge, boasting 10,670 square feet for an average of over 1,300 square feet per unit. The structure is situated on a corner lot and contains 7,040 square feet. Tenants will appreciate the large parking area behind the apartments. The building is in good condition, shows well and stands out in the area. Currently, the property is producing $13,845 per month. However, because the rents are substantially below market, this property has a market GRM of 6.03 and a market CAP of 12.67%. This is outstanding opportunity for an investor that understands how to utilize strategies to get the rents to market and enjoy double digit returns

6701 S San Pedro Street, Los Angeles
945 S Park View Street, Los Angeles
$1,000,000
6 Beds ⋅ 6 Baths ⋅ 26998963 MLS ⋅ Active Status
Positioned in the core of the dynamic Pico-Union submarket at 945S Park View St, this multi-family property offers an exceptional urban investment opportunity characterized by strong historical character and significant operational upside. Originally constructed in 1903, the low-rise asset features desirable walk-up style apartments with spacious layouts that average almost 1,300 square feet per unit, complemented by classic architectural details such as crown molding and individual unit balconies. Situated on a 6,788 square foot lot with a highly walkable neighborhood score, the location provides tenants with immediate access to local retail, public transit corridors, and nearby employment centers in Downtown Los Angeles and Koreatown. The scheduled gross income is currently $8,174 per month. This is an attractive value-add profile for investors seeking long-term growth in a high-demand rental market

945 S Park View Street, Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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