Downtown L.A. Homes under $1 million

Downtown L.A. Homes under $1 million

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Newest Downtown L.A. Homes under $1 million

4125 S Figueroa St Unit 409, Los Angeles
$299,900
1 Beds ⋅ 1 Baths ⋅ ACTIVE Status ⋅ Figueroa Arms BLDG.
Beautifully Updated Condo in the Historic Figueroa Arms Prime USC Location! Welcome to this 1-bedroom, 1-bathroom condo in the historic Figueroa Arms! This charming unit offering comfortable living in one of Los Angeles's most convenient locations.The spacious interior features wood-like flooring, ceiling fans, double French doors, and abundant natural light. The French Normandy-style building offers gated and secured access, nighttime security guard service, security cameras, earthquake retrofitting, and a variety of amenities, including a fitness room, courtyard, and shared laundry facilities. HOA dues include gas, water, trash, building maintenance, and secured building access. Ideally located just steps from USC, LA Memorial Coliseum, Exposition Park, and BMO Stadium, with easy access to the Metro E Line, Downtown LA, and major freeways. Enjoy the convenience of urban living while being close to shopping, dining, entertainment, and educational institutions.Whether you're a first-time homebuyer, USC student, faculty member, or investor, this is an excellent opportunity to own a home in a highly desirable and evolving Los Angeles neighborhood. With the 2028 Summer Olympics bringing international attention to the USC and Exposition Park area, this location offers even more appeal.Don't miss this opportunity to enjoy modern comfort, historic charm, and exceptional convenience at an attractive price!

4125 S Figueroa St Unit 409, Los Angeles

Courtesy of Ivy Realty Co., Sung Paik - CA DRE#01506814

625 E 50th St, Los Angeles
$850,000
7 Beds ⋅ 7 Baths ⋅ ACTIVE Status
We are pleased to present 625 E 50th Street, a value add 7-unit investment opportunity with approximately 80% rental upside in South Los Angeles, CA. The property is comprised of two detached structures totaling 4,242 SF with a unit mix of all (7) 1 bed / 1 Bath units. There are currently no Section 8 tenants in-place with an average current rent of $1,026 (upon lease up of vacant 1 bed, bath). The property will be delivered with one (1) vacancy and projected gross monthly income of $7,184, or $86.204 annually. The opportunity will yield a savvy investor with a low basis ($121,429 per unit) with huge upside potential (approx. 80%). 625 E 50th Street is centrally located just east of Avalon Boulevard , South Park Recreation Center, and the 110 freeway with easy access to Downtown LA, South Bay, USC, LAX, and SoFi Stadium. South Los Angeles has seen significant growth over the past several years due to its relative housing affordability and convenient proximity to Downtown Los Angeles, Sofi Stadium, USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past few years with average 1-bedroom market rents reaching $1,800-$2,100 and HACLA vouchers currently at $1,980. With low vacancy rates, landlord-favored market conditions, and numerous employment options nearby, South LA is poised for significant long-term growth.

625 E 50th St, Los Angeles

Courtesy of Lyon Stahl Investment Real Estate, Inc., Brandon Evans - CA DRE#02058494

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