Downtown L.A. (C42) Homes with None Parking features

Downtown L.A. (C42) Homes with None Parking features

**Discover the Vibrant Charm of Downtown L.A. (C42)**

Welcome to Downtown Los Angeles, a bustling urban oasis that seamlessly blends the excitement of city life with a rich tapestry of culture and history. Nestled in the heart of Los Angeles County, this dynamic neighborhood is a hub for art, entertainment, and culinary delights, making it one of the most sought-after destinations for homebuyers and renters alike.

Downtown L.A. is renowned for its iconic skyline, featuring architectural marvels such as the Walt Disney Concert Hall and the historic Bradbury Building. As you stroll through the streets, you'll find an eclectic mix of trendy boutiques, art galleries, and world-class restaurants, ensuring that there’s always something new to explore. The vibrant nightlife offers a variety of options, from chic rooftop bars to intimate music venues, catering to every taste and lifestyle.

For those considering a home in this lively area, it's important to note that many properties feature none parking amenities. While this may seem like a drawback, it opens up a world of possibilities. Living in Downtown L.A. means you’re just steps away from public transportation, making commuting a breeze. With the Metro system and bus lines at your doorstep, you can easily navigate the city without the hassle of parking.

Whether you’re drawn to the lively atmosphere, the cultural experiences, or the convenience of urban living, Downtown L.A. offers a unique lifestyle that is hard to resist. Embrace the energy of the city and discover your perfect home in this vibrant neighborhood today!

Newest Downtown L.A. (C42) Homes with None Parking features

$439,000
1 Beds ⋅ 1 Baths ⋅ 26863493 MLS ⋅ Active Status
Welcome to 460 S Spring Street #810 at The Rowan, an iconic Mills Act building in the heart of Downtown LA's Historic Core. This bright and peaceful residence blends timeless architectural character with modern loft living, featuring soaring ceilings, exposed brick walls, and oversized industrial windows that fill the space with natural light. The flexible layout includes a dedicated primary bedroom, central heat and air, in-unit laundry, and a spacious bathroom with a deep soaking tub and shower. The Rowan offers a beautifully restored historic lobby, 24-hour front desk and security, controlled access, a resident lounge, garden courtyards, plunge pools, BBQ areas, bike storage, and additionally available gated covered parking. As a Mills Act property, owners may also benefit from substantial annual property-tax savings. Positioned at the center of Downtown Los Angeles' continued revival, Unit 810 offers an opportunity to be part of a neighborhood being re-energized by new residents, creative businesses, restaurants, cultural destinations, and renewed investment in its historic architecture. The Historic Core continues to evolve while preserving the distinctive character that makes it one of LA's most compelling urban neighborhoods. Grand Central Market, The Last Bookstore, Little Tokyo, Gallery Row, Metro access, rooftop bars, coffee shops, nightlife, live music venues, and the weekly DTLA Farmers Market are all nearby-- Offering an authentic, walkable lifestyle at the crossroads of old Los Angeles and its next chapter.

460 S Spring Street Unit 810, Los Angeles
$1,600,000
11 Beds ⋅ 11 Baths ⋅ 26863481 MLS ⋅ Active Status
We are pleased to present 2127 Portland Street, an 11-bed USC student housing asset located less than one mile from USC Village and within the USC Department of Public Safety patrol zone. The offering consists of two separate structures on a 6,152 square foot lot: a large-format 7 bedroom / 7 bathroom main house and a newer townhome-style 4 bedroom / 4 bathroom ADU at the rear. The main house was taken down to the studs and fully renovated with new mechanical, electrical, and plumbing systems behind a classic North University Park facade. The rear ADU is newer construction built to current code. A buyer acquires renovated and new-build product without new-construction pricing, and without the deferred maintenance that typically comes with a pre-war USC rental. Seven-bedroom floor plans are scarce in the USC submarket and draw stronger rents from fraternities, sororities, athletic teams, and returning friend groups that need a full house under one lease. The 4+4 ADU serves the opposite end of the demand curve: individual students, graduate students, and young professionals who want newer, private, apartment-style living. Ownership can lease the property one group at a time, by the bed, or both, and can adjust that strategy every leasing season without a capital event. At $1,600,000, the pricing equates to $145,455 per bed and $430.69 per square foot, meaningfully below replacement cost for comparable new student housing product. Current rents of $8,200 per month on the main house and $5,000 per month on the ADU, plus $1,100 per month in utility income, produce $171,600 of scheduled gross income and $112,103 of net operating income, reflecting a 7.01 CAP and a 9.32 GIM on in-place numbers. USC Village sits less than a mile away and anchors the neighborhood commercially. The $700 million development delivered a Target, a Trader Joe's, and roughly 15 restaurants across 115,000 square feet of ground-floor retail, alongside 2,700 student beds and a 30,000 square foot fitness center. Tenants walk to groceries, dining, banking, and pharmacy without a car. The Harbor Freeway (110) is minutes away with on-ramps at Adams Boulevard, and the Santa Monica Freeway (10) sits just north of the property. The Metro E Line's LATTC/Ortho and Jefferson/USC stations serve North University Park with trains every 8 to 10 minutes during the day, putting Downtown employment centers roughly three miles north within reach of graduate students, medical residents, and recent graduates. The main house is a legal single-family residence and can be repositioned as a conventional owner-user or luxury single-family rental at any point, with the ADU providing separate income or family housing, so ownership retains the option to exit into the single-family market rather than only the student housing market. Separately, under the One Big Beautiful Bill Act, which permanently restored full first-year expensing for qualifying assets acquired after January 19, 2025, a buyer can pair a cost segregation study with accelerated depreciation to immediately deduct the short-life components of both structures. Given the extent of the recent renovation and the newer rear structure, that allocation is likely to be substantial.

2127 Portland Street, Los Angeles
$399,999
1 Beds ⋅ 1 Baths ⋅ P1-28151 MLS ⋅ Active Status
Exceptional loft for sale in the heart of Downtown Los Angeles at the SB Grand with well placed living spaces, vistas to the East and designed for comfortably enjoying a relaxed lifestyle with in-home laundry, plentiful storage and direct access to the Metro train systems. The current owner has enjoyed many years of living in the building along with renting the loft for short and medium term rentals and is an Airbnb Superhost, benefiting from steady demand driven by recent World Cup matches, year-round conferences, and major sports and music events at LA Live -- momentum that's expected to grow as Los Angeles prepares to host the 2028 Olympics exclusively. Located next to the Pershing Square Metro station and blocks away from incredible amenities, this 6th floor loft enjoys a large living area, private bedroom, high ceilings and move-in ready condition. The building offers amenities including a rooftop deck and pool, gymnasium, 24 hour security at the front desk and utilities including water, water heating and services. Private storage space in the basement of the building for $100/month allows additional storage. Parking available in the building for additional monthly costs or you can take advantage of the car-free lifestyle this property allows with exceptional access to the transit systems and proximity to job centers, USC, the new Downtown UCLA campus and more. The HOA fees are $390.19 per month. Can be sold fully furnished and in turnkey condition.

312 W 5th Street Unit 625, Los Angeles
$849,995
SB26146543 MLS ⋅ Active Status
Don't miss this rare opportunity to acquire a well-maintained, income-producing triplex in the heart of Los Angeles. Ideally situated just minutes from Downtown Los Angeles, the Arts District, and USC, this property offers investors a compelling combination of stable rental income, future appreciation, and value-add potential. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence has been meticulously cared for, providing a solid foundation for long-term ownership. Situated on a generously sized lot with ample off-street parking, the property may offer the opportunity to add an additional unit at the rear of the lot (buyer to verify with the City of Los Angeles), creating even greater income potential. Tenants are responsible for their own gas and electricity, helping to minimize operating expenses and maximize cash flow. Properties of this caliber, in this location, and with this level of upside rarely come to market. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity you won't want to miss.

725 E 40th Place, Los Angeles
$4,250,000
20 Baths ⋅ 26858143 MLS ⋅ Active Status
Price Reduction! Renovated 20-unit apartment building cash flowing at an amazing Current 8.5% Cap Rate from day 1! Fully Approved RTI plans to add 4 attached ADUs to achieve a remarkable 10.5% Cap Rate 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
$865,000
6 Beds ⋅ 6 Baths ⋅ 26856489 MLS ⋅ Active Status
BUNGALOWS on Adams! We are pleased to present a 6-unit bungalow community located at 634 E Adams consisting of 4 separate two-story bungalow structures and a rear two-story duplex for a total of 5 separate structures. The property currently operates at an 9.56 GRM and 6.54% CAP Rate on current rents with rental upside potential to a 5.25 GRM and 14.54% CAP Rate on pro-forma rents. The units consist of four (4) one bedroom one-bathroom standalone bungalows and (2) one bedroom one-bathroom units in the rear duplex totaling 4,188 rentable square feet located on an 8,575 square foot LARD1.5 lot. Nearby amenities include Trader Joe's, Superior 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.

634 E Adams Boulevard, Los Angeles
$785,000
4 Beds ⋅ 4 Baths ⋅ 26856313 MLS ⋅ Active Status
Great opportunity to own a Value-add 4-unit residential income property in a high-demand South Los Angeles rental market, featuring strong upside potential and an owner-user opportunity. The layout consists of 2 detached buildings, front building has two side-by-side, single-level units with private front yards. Rear Building has two upper-level units accessed by stairs. High rental demand with immediate rental growth potential. With one unit delivered vacant, it is suitable for a standard investment or house-hacking owner-occupant. Each unit has a garage (entrance through alley) an separate meters. The entire lot is gated all around, front two units have a grassy area with trees, courtyard between buildings, backs into an alley and is priced to sell! Don't miss this one, schedule an appointment to see it today. The property is conveniently located minutes from major transportation routes, Downtown LA, USC,Natural History Museum, the California Science Center and the 110 Freeway.

139 W Florence Avenue, Los Angeles
$1,469,000
12 Beds ⋅ 8 Baths ⋅ 26852301 MLS ⋅ Active Status
Rare turnkey 4-unit investment property | 12 BD / 8 BA | Fully Remodeled | Delivered Vacant in a prime Los Angeles location minutes from USC University, Downtown LA, and major shopping centers. Fully remodeled from top to bottom new roof, stucco, interior/exterior paint, electrical, plumbing, windows, HVAC, tankless water heaters, flooring, doors, granite kitchen countertops, and upgraded bathrooms throughout. Zero deferred maintenance. One of the units is Brand new ADU built 2026. Property is delivered vacant so you set the rents and choose your tenants from day one. Projected cap rate exceeding 7%. Flexible floor plan ideal for market-rate rentals, student housing, senior care, or licensed residential care/rehab facility. Owner-user opportunity available live in one unit and rent the remaining three. A true plug-and-play asset in one of LA's strongest rental corridors. Do not miss this opportunity. ** Note BD/BA count may differ from recorded title.

532 W 51st Street, Los Angeles
$3,685,000
26854765 MLS ⋅ Active Status
We are pleased to present 1214 W 8th Street, a 37-unit SRO apartment building in the Westlake submarket of Los Angeles. Situated along a primary connector between Downtown LA and the surrounding neighborhoods, the property offers immediate freeway access and a perfect 100 Transit Score. Built in 1923 as a 39-room hotel and converted to residential use in 2010, the property received new tile flooring, doors, sinks and faucets, fresh paint, smoke detectors, and a security system at the time of conversion. The building has operated as a stabilized income-producing asset for over a decade since. The unit mix includes 21 SRO units with shared bathrooms and16 SRO units with private en-suite bathrooms, plus one retail space along 8th Street currently occupied by a mini market. Each floor is served by two bathrooms and two shower rooms for shared bathroom tenants. Additional building features include a large lobby, a ground-floor leasing office, and a basement storage area approximately one-quarter the size of the building footprint, which is not reflected in the recorded 12,936 SF. At the asking price of $3,685,000, the property is offered at $99,595 per unit and $284 per square foot, generating a current cap rate of 8.91% and a 6.63 GRM on in-place income. Income is further supplemented by a large billboard with direct 8th Street frontage and the ground-floor retail space, both of which contribute to the overall revenue profile and provide upside as leases turn. Westlake benefits from persistent renter demand anchored by proximity to Downtown LA employment, major healthcare institutions, and one of the most extensive public transit networks in the region. The submarket draws a stable, transit-oriented renter base and has historically maintained strong occupancy through varying market conditions.1214 W 8th Street is a well-located, cash-flowing SRO asset offered at an attractive basis with strong day-one returns and a clear path to increased income through rent-to-market. It represents a compelling opportunity for an investor seeking durable yield in one of Los Angeles' most supply-constrained urban submarkets.

1214 W 8th Street, Los Angeles
$750,000
8 Beds ⋅ 4 Baths ⋅ 26853081 MLS ⋅ Active Status
We are pleased to present 724 E 32nd Street, a four-unit multifamily investment opportunity located in the Historic South Central neighborhood of Los Angeles. The property consists of four spacious 2-bedroom, 1-bathroom units encompassing approximately 2,976 square feet on a 5,441 square foot LARD1.5-zoned lot. Built in 1964, the property offers a desirable unit mix with separately metered utilities and on-site rear parking. The expansive rear parking area provides potential for future ADU development, allowing investors the opportunity to further increase income and maximize the property's value (Buyer to verify all development potential with the appropriate governmental agencies). Currently operating with below-market rents, 724 E 32nd Street presents a compelling value-add opportunity for investors seeking substantial upside through rental repositioning over time. Based on market rental assumptions, the property offers significant potential to increase cash flow while benefiting from long-term appreciation in one of Los Angeles' steadily improving urban submarkets. With a strong four-unit layout, favorable location, development potential, and considerable income upside, 724 E 32nd Street represents an attractive investment opportunity for both seasoned and first-time multifamily investors.

724 E 32nd Street, Los Angeles
$1,750,000
1 Beds ⋅ 21 Baths ⋅ 26850647 MLS ⋅ Active Status
***MAY BE PURCHASED INDIVIDUALLY OR IN COMBINATION WITH ANY OR ALL OF 3333 4TH ST, 601 N ROSSMORE, 100 N KENMORE & 508 S HOBART*** 1311 Ingraham St is a 21-unit multifamily property in Los Angeles' Westlake neighborhood, constructed in 1922 and offering a compact but well-located residential asset in close proximity to Downtown LA. The building is comprised primarily of smaller units, with individual residences generally ranging from approximately 390 to 530 square feet, serving a deep renter demographic drawn to Central LA living. The property benefits from being in a highly walkable and transit-rich location, with a Walk Score and Transit Score in the mid-90s, reflecting frequent access to Metro rail and bus service as well as pedestrian-oriented connectivity to the broader Los Angeles job market. Its immediate surroundings include a mix of residential, institutional, and commercial uses typical of Westlake and the adjacent City West/Downtown corridors, with easy access to major employment centers, cultural destinations, and civic amenities. Nearby points of interest include the vibrant core of Downtown Los Angeles with its theaters, museums, historic districts, and restaurants, as well as green spaces like MacArthur Park within a short walk. The property's location also places it near educational and medical institutions, mixed-use developments, and emerging new residential communities contributing to localized demand. As an investment, 1311 Ingraham St offers a centrally located residential cash flow profile with exposure to ongoing growth in central LA rental demand. The building's proximity to Downtown and high transit accessibility support broad renter appeal, while unit sizes and configuration provide flexibility for repositioning or modernization programs. In addition, the Westlake/City West area continues to see development and infrastructure activity that can support long-term rent growth and asset value stability.

1311 Ingraham Street, Los Angeles
$389,999
1 Beds ⋅ 1 Baths ⋅ 26849359 MLS ⋅ Active Status
Exquisitely remodeled condominium in the stately & historic Glen Donald Building-timeless charm! This is the first time in many years that a full-sized, one-bedroom is available for sale in this building and this second floor end-unit is ideally situated in the building's corner where large, picture windows on the south & east walls afford views of DTLA and receive an abundance of air and light from dawn to dusk. Exposed brick, espresso hardwood flooring, recessed lighting and custom window treatments throughout with African mahogany floating shelves in the living room. The fully remodeled chef's kitchen is replete with handmade Italian tile and stainless-steel appliances. Bathroom features the original 1923 bathtub, handmade Italian tile throughout (sourced from Mission Tile West) as well as Kohler hardware and fixtures. From the bedroom, two French style doors open onto a quasi balcony. Additionally, the living room features a large pulldown projection screen with projector and home-theater sound system. Finally, a feature unique to this building, is the 'powder room', so named in the 1920s, off the entry hallway which can function as mini office. Building amenities include: extra storage, exercise room, recreation/common room, community laundry, bike storage and an on-site manager. In addition, the spacious, marble- & polished wood-adorned period lobby is available for use with it's own seating. It should be noted that the Glen Donald Building was featured extensively in the 1990 crime-thriller Bad Influence starring Rob Lowe and James Spader. Nearby to USC, FIDM as well as Downtown LA's restaurant and nightlife offerings. HOA pet rules apply.

2121 James M Wood Boulevard Unit 201, 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.