Downtown L.A. (C42) Homes with Uncovered Parking features

Downtown L.A. (C42) Homes with Uncovered Parking features

Welcome to Downtown Los Angeles (C42), a vibrant urban oasis where the pulse of the city beats stronger than ever. Nestled in the heart of Los Angeles County, this dynamic neighborhood is a melting pot of culture, creativity, and commerce. From the iconic skyline dominated by gleaming high-rises to the charming historic buildings that tell the story of L.A.'s rich past, Downtown L.A. is a place where old meets new in the most captivating way.

Residents of Downtown L.A. enjoy a lifestyle brimming with convenience and excitement. With world-class dining, eclectic shopping, and a thriving arts scene, there’s always something to explore. The area is home to renowned attractions like the Walt Disney Concert Hall, The Broad Museum, and the bustling Grand Central Market, making it a cultural hub that draws both locals and visitors alike.

For those seeking a place to call home, Downtown L.A. offers a diverse range of properties, including chic lofts, modern condos, and elegant apartments. One of the standout features of many homes in this area is the availability of uncovered parking. This amenity provides residents with the convenience of easy access to their vehicles, a true luxury in the city’s bustling environment. Whether you're heading to work, enjoying a night out, or embarking on a weekend adventure, having your car just steps away is a significant advantage.

Downtown L.A. is not just a place to live; it's a lifestyle filled with endless possibilities. Discover your dream home in this electrifying neighborhood and experience all that this iconic city has to offer!

Newest Downtown L.A. (C42) Homes with Uncovered Parking features

$990,000
12 Beds ⋅ 6 Baths ⋅ 26992987 MLS ⋅ Active Status
610 East 24th St is a 4-unit property in Historic South Central, offered at $990,000 with approx. 53% rental upside. Built in 1910, the property includes 3 separate buildings totaling approx. 4,048 SF, on a spacious 9,644 SF corner lot. The unit mix is comprised of (2) 4-bdrm. /2-bath residences and (2) 2-bdrm./1-bath units, giving the property larger floor plans than are typically found in a fourplex. The property has a distinctly residential feel, led by a Craftsman-influenced front residence with gabled rooflines, exposed eaves, a covered front porch, bay window, and fenced yard. The additional buildings are positioned toward the rear of the property, creating greater separation between the four units, while a large central parking area provides substantial off-street parking for residents. Current gross rents total $6,730 per month, ompared with projected rents of $10,300 per month, representing approx. 53% rental upside. Located just south of Downtown Los Angeles, 610 East 24th Street provides convenient access to USC, Exposition Park, the LA Fashion District, and surrounding South Los Angeles neighborhoods. USC is approx. 1.5 miles away, the Fashion District approx. 1.4 miles, and Exposition Park approx. 1.7 miles, placing education, employment, retail, museums, sports, and entertainment within a relatively compact radius. 610 East 24th Street brings together larger residential units, three separate buildings, and a location with convenient access to USC, Exposition Park, and Downtown Los Angeles. With current rents below the projected rents shown in the property's rent roll, there is also a clear path for income to grow over time.

610 E 24th Street, Los Angeles
$499,000
1 Beds ⋅ 1 Baths ⋅ 26992445 MLS ⋅ Active Status
Situated in the iconic Eastern Columbia Building is this well maintained live/work loft that melds urban living with historic charm. The landmark building benefits from the coveted Mills Act which provides owners with nearly 70% off property taxes. The 1bed/1bath 940sf loft features an ideal floorplan that caters to creative needs. Upon entering, you're immediately greeted by polished concrete floors, tall 11' ceilings, and views of Broadway towards the Orpheum Building and tree lined streets. Restored iron windows open to rare Art Deco terracotta planter boxes unique to this floor. The open plan kitchen features Italian cabinetry, natural stone counters, all stainless steel appliances and kitchen island for effortless entertaining. Behind a custom removable wall is a nicely separated bedroom area with plenty of room for a workspace. There is a large closet, and in the Kelly Wearstler designed bathroom is an oversized soaking tub and laundry closet equipped with hookups ready to go. Central heat and AC, custom window coverings, and 1 assigned parking space with dedicated EV charger complete this perfect city loft. HOA dues include water, trash, gas, parking, 24/7 reception desk and an abundance of fabulous amenities such as a boutique-style rooftop pool, hot tub, gym, garden courtyard, lobby, bonus community laundry room, dog area. There are additional rentable storage and parking options. Within a few blocks you'll find the best of DTLA, such as United Artists Theater, Grand Central Market, The Broad, Apple Flagship Store, The Conrad, Proper Hotel, Orpheum, Hoxton Hotel, Whole Foods, Walt Disney Concert Hall, IL Caffe, upcoming Erewhon Market, Fashion District, FIDM, The Bloc, Spring Arcade, and more.

849 S Broadway Unit 203, Los Angeles
$925,000
8 Beds ⋅ 4 Baths ⋅ 26990899 MLS ⋅ Active Status
This 4-unit property presents a compelling turnkey investment opportunity with room to grow, featuring a two-story, approximately 3,188 SF building on nearly 6,047 SF of LA[Q]R4-1 zoned land. All 4 units are appx 800 SF 2Br+1Ba units with 8 total parking spaces. The property benefits from stable tenants, many capital improvements, and one fully remodeled unit. Offered at 13.7 GRM and a 5.1% CAP Rate, this is a solid building with strong tenants and good bones. An ideal investment for under $1,000,000 in an area with extremely low historic vacancy, near DTLA, and with significant upside. 70% upside in rents! Additionally, the Seller has multiple feasibility studies and proposals to build up to 2 ADU's in the rear (Buyer to verify). The Seller also has a SB721 Balcony inspection report shows no needed repairs. Conveniently located near Central Avenue, the 10 Freeway, USC, Exposition Park, Downtown Los Angeles, the Fashion District, and LA LIVE, the property offers a combination of current income, value-add potential, and future development upside.

1335 E 21st Street, Los Angeles
$3,150,000
27 Baths ⋅ 26988197 MLS ⋅ Active Status
We are pleased to present a twenty-seven (27) unit plus one (1) non-conforming unit apartment building located at 511 S Union Ave in Los Angeles, California. The subject property is located in a solid Westlake location, just north of 6th St and east of Alvarado St. Located in the heart of Westlake, this classic Spanish-style apartment building offers convenient access to Wilshire Boulevard, Beverly Boulevard, the Metro B Line, and the 101 and 110 freeways. The property features an efficient all-studio unit mix with approximately 25% rental upside, creating an attractive opportunity for investors seeking long-term growth. Additional value-add potential includes legalizing a nonconforming unit as an ADU and renting the vacant storage space for a projected $500 per month. Operational features include separate gas and electric meters, on-site laundry, one parking space, and a recently installed roof. Residents enjoy proximity to MacArthur Park, Vista Hermosa Natural Park, Lafayette Recreation Center, Grocery Outlet, Starbucks, the Grier Musser Museum, and MacArthur Park Shopping Center, among other neighborhood amenities. With significant rental upside, ADU conversion potential, and immediately rentable storage space, the property offers multiple avenues to increase income and enhance long-term value.

511 S Union Avenue, Los Angeles
$1,099,000
DW26200437 MLS ⋅ Active Status
An exceptional investment opportunity to acquire a large, income producing four-unit property ideally positioned within the high-demand Downtown Los Angeles rental market. This well located quadruplex features 12 bedrooms, 6 bathrooms, and approximately 4,164 square feet of total living space situated on a 6,258-square-foot lot. The property is fully rented and currently generates approximately $7,994 per month in gross rental income. Ideal for investors, 1031 exchange buyers, and developers. This property presents potential upside may be achieved through strategic rent adjustments, improved property management, unit renovations and upgrades. Ideally located just minutes from the University of Southern California (USC), USC Village, Los Angeles Memorial Coliseum, Exposition Park, BMO Stadium, and Downtown Los Angeles (DTLA). Its convenient access to major freeways, Metro Rail and public transportation enhances connectivity throughout Los Angeles. The location is particularly appealing to students, professionals, and long-term renters, benefiting from proximity to educational institutions, entertainment venues, sports facilities, and DTLA market. With the region continuing to experience significant investment and development, including preparations and improvements associated with the 2028 Olympic Games.

915 E 23rd Street, Los Angeles
$649,900
3 Beds ⋅ 2 Baths ⋅ DW26194332 MLS ⋅ Active Status
Welcome to this charming 3-bedroom, 2-bath home in Los Angeles, offering a comfortable and functional layout. The property features a long driveway, a private garage for additional parking or storage, and a spacious backyard perfect for family gatherings, entertaining, or play. Conveniently located near schools, shopping, dining, and major freeways, this home offers space and convenience in a great Los Angeles location.

975 E 43rd, Los Angeles
$670,000
4 Beds ⋅ 2 Baths ⋅ IG26182620 MLS ⋅ Active Status
Rare Two-Homes-on-One-Lot Opportunity in Prime Los Angeles Location. Each unit has two bedrooms one bath. Discover a rare opportunity to own two separate homes on one lot in a desirable Los Angeles location. Offering exceptional flexibility, this unique property is ideal for buyers looking to live in one home while having the option to rent the other—providing additional income that can help offset the cost of homeownership. The versatile layout also offers exciting potential for future expansion. The existing garage may present an opportunity to convert to an ADU, creating additional living space for extended family, guests, a home office, or rental use. Buyer to independently verify all possibilities and requirements with the City of Los Angeles. Whether you're looking for a multi-generational living arrangement, extra space for family, a home with rental income potential, or simply the flexibility that comes with owning two homes on one lot, this property offers options that are difficult to find in Los Angeles. Located just minutes from Downtown LA, the property provides convenient access to major freeways, shopping, dining, schools, and public transportation. Enjoy the convenience of a central location while having the unique advantage of multiple living spaces on a single property. Properties offering this combination of flexibility, space, and future potential are rarely available. Don't miss the opportunity to make this distinctive Los Angeles property your next home—schedule your private showing today!

1580 E 45th Street, Los Angeles
$1,995,000
18 Beds ⋅ 12 Baths ⋅ 26873835 MLS ⋅ Active Status
We are proud to present 4701 & 4709 S Figueroa St (MUST BE SOLD TOGETHER, $1.995M asking price), an 11-unit multifamily community, offered at an 8.15 GRM and an 8.29% CAP Rate on current rents. Offered with an attractive, in-place high yield on a fully occupied property, this opportunity consists of an adjacent 3-unit and 8-unit property with two separate parcels, allowing for multiple exit strategies for the next owner, including but not limited to, acquiring both properties together, selling the 3-unit separately for a premium and further reducing your cost basis on the 8-unit property and continuing to drive returns. Collectively, the 11 units offer a total of +/-7,375 rentable square feet with a unit mix of (2)3BD+1BA, (1)2BD+2BA, (2)2BD+1BA and (6)1BD+1BA units which sit on a combined +/-16,218 square foot LAC2 zoned double corner lot with a total of +/- 13 uncovered onsite parking spaces which can continue to serve as parking and/or for future ADU(s). The 3-unit consists of two separate, single-story structures built in 1919 totaling 2,911 retable square feet with the (2)3BD+1BA and (1)2BD+2BA units whereas the 8-unit property consists of a single, two-story structure built in 1926 with 4,464 rentable square feet with the (2)2BD+1BA and (6)1BD+1BA units. As a long-term development site, but utilizing TOC, one can potentially develop up to 66 units, however, there is the ability to utilize the 100% affordable ED1 development standards and achieve 80-90 units on-site. PROPERTIES MUST BE SOLD TOGETHER WITH A COMBINED ASKING PRICE OF $1.995M.

4709 S Figueroa Street, Los Angeles
$1,099,000
2 Beds ⋅ 2 Baths ⋅ PW26176136 MLS ⋅ Active Status
Welcome to elevated DTLA loft living at Elleven, in the heart of South Park. This expansive 1,670 square-foot, 2-bedroom, 2-bathroom loft-style residence offers a rare combination of scale, style, and functionality. Thoughtfully remodeled and beautifully maintained, the open-concept interior features rich hardwood floors, an impressive European-inspired kitchen appointed with custom Italian cabinetry, Silestone countertops, and top-of-the-line Miele appliances. The spacious primary suite features a dramatic floor-to-ceiling entry and custom closet systems, while both bathrooms have been tastefully upgraded with Corian and quartz finishes. Positioned on the desirable front-facing side of the building, the residence features two Juliet balconies that bring in lots of natural light and connect the interior to the energy of DTLA. The versatile floor plan offers exceptional flexibility for a true second bedroom, home office, creative space, or den. Additional conveniences include two tandem parking spaces with EV charger and private storage. Located in one of DTLA's most sought-after neighborhoods, Elleven places you within easy reach of L.A. LIVE, Crypto.com Arena, restaurants, entertainment, shopping, and the evolving South Park neighborhood. A sophisticated urban residence offering exceptional space, design, and location in the heart of Downtown Los Angeles.

1111 S Grand Avenue Unit 515, Los Angeles
$670,000
IG26169748 MLS ⋅ Active Status
Perfect two on a lot – Rare opportunity in a prime Los Angeles location: offering two separate homes on one lot, This flexible layout is ideal for investors seeking dual rental income or owner-occupants who want to live in one unit while renting out the other to offset their mortgage. Adding to the upside, the property presents excellent potential to convert the garage into an ADU (buyer to verify with the City of Los Angeles), opening the door to a third income stream or additional living space — a compelling value-add for investors and a smart equity play for owner-occupants. Located just minutes from Downtown LA, the property offers easy access to major freeways, shopping, dining, schools, and public transportation — a central location that keeps tenant demand strong and supports long-term appreciation. Whether you're building a rental portfolio, house-hacking your way into homeownership, or looking for a value-add project with ADU upside, this duplex delivers rare flexibility in one of LA's most sought-after markets. Multi-unit properties with expansion potential like this don't come around often — schedule your showing today!

1580 E 45th Street, Los Angeles
$1,797,966
13 Beds ⋅ 8 Baths ⋅ 26854377 MLS ⋅ Active Status
Make us a reasonable offer. Value-add opportunity with three vacant units. Amazing investment opportunity in the heart of Historic Filipino Town (HiFi)! This fully renovated, turnkey 5-unit apartment complex offers an exceptional value-add opportunity with three vacant units ready for immediate lease-up at potential area market rent amounts. Projections for the 3 vacant units are based on area market rent amounts. Potential buyers must conduct their own rent estimates to arrive at their own opinion of value. The property features an attractive unit mix of two 2-bedroom/1-bath units, two 3-bedroom/1.5-bath units, and one spacious 3-bedroom/2-bath unit. Each residence is thoughtfully updated and includes a stove, refrigerator, dishwasher, and in-unit stackable washer and dryer, central air and heat, making it highly desirable for today's tenants. Ideally situated just minutes from Silver Lake, Echo Park, Downtown Los Angeles, MacArthur Park, Lafayette Park, and the vibrant Beverly Boulevard corridor, this location provides outstanding access to shopping, dining, entertainment, and employment centers. Commuters will appreciate the close proximity to the Metro B (Red) and D (Purple) Lines as well as convenient access to the 101 and 110 Freeways. The property also includes 10 on-site parking spaces, offering the potential to generate additional income through parking rentals. 5 covered garage spaces are able to fit a small car, or used as storage spaces. Another 5 uncovered spaces offer the potential to generate additional income through rentals. Whether you're completing a 1031 exchange, expanding your portfolio, or seeking a stabilized asset with immediate upside, this rare opportunity combines strong cash-flow potential, renovated improvements, and a prime central Los Angeles location. Investors won't want to miss this one!

201 S Park View Street, Los Angeles
$699,000
4 Beds ⋅ 3 Baths ⋅ 26866291 MLS ⋅ Active Status
986 East 51st is a charming Craftsman-influenced California bungalow duplex in South LA, offered at $749,000 with one unit delivered vacant. Built in 1912, the property totals approx. 1,937 SF and is comprised of a downstairs 3-bdrm./2-bath residence and a separate upstairs 1-bdrm./1-bath unit. The property has the warmth and scale of an early LA bungalow, with a covered front porch, gabled roofline, wood-sided exterior, mature landscaping, and a residential feel that gives it more character than a typical duplex. The downstairs 3-bdrm./2-bath unit has been updated with wood-style flooring, kitchen cabinetry, granite countertops, tile flooring in the kitchen, updated bathroom fixtures, and central A/C. The upstairs 1-bdrm. unit has also been updated and is vacant, giving a buyer the ability to move in, lease it at market rent, or decide how they want the property to work for them from day one. A rear carport, on-site parking area, and private yard space add everyday functionality for tenants or an owner-user. Located near Central Ave, Avalon Blvd, Vernon Ave, and the 110 Freeway, 986 East 51st Street sits within a South Los Angeles neighborhood setting with access to local retail, transit corridors, and major city anchors. The property is also approx. 3 miles east of USC, Exposition Park, USC Village, BMO Stadium, the LA Memorial Coliseum, The Shrine Auditorium, and nearby museums and public spaces. 986 East 51st Street offers a character-rich duplex with immediate flexibility, giving buyers a practical entry point into real estate ownership and long-term portfolio building.

986 E 51st 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.