Downtown L.A. (C42) Homes with Bungalow Style

Downtown L.A. (C42) Homes with Bungalow Style

Welcome to Downtown Los Angeles (C42), a vibrant urban hub where the pulse of the city meets the charm of bungalow-style living. Nestled in the heart of Los Angeles County, this dynamic area is renowned for its eclectic blend of culture, art, and history, making it a prime destination for those seeking a unique lifestyle.

Downtown L.A. is a thriving metropolis that boasts an array of attractions, from world-class dining and shopping to iconic landmarks like the Walt Disney Concert Hall and The Broad Museum. With a rich tapestry of neighborhoods, each corner of Downtown offers something special, whether it’s the bustling Arts District or the historic Olvera Street.

Among the architectural gems that grace this lively locale are the charming bungalow-style homes that embody a cozy yet stylish aesthetic. These bungalows are characterized by their inviting porches, open floor plans, and warm, earthy tones, providing a perfect blend of comfort and character. Imagine sipping your morning coffee on a sunlit porch or hosting friends in a spacious living room adorned with vintage accents—bungalow living in Downtown L.A. is all about embracing a relaxed lifestyle within a vibrant urban setting.

Whether you're drawn to the artistic vibe of the neighborhood or the convenience of city living, Downtown L.A. offers a unique opportunity to own a piece of this bustling metropolis. Explore the charm of bungalow-style homes in this iconic city and discover a place where tradition meets modernity, creating a truly enchanting living experience.

Newest Downtown L.A. (C42) Homes with Bungalow Style

$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

$1,550,000
10 Beds ⋅ 10 Baths ⋅ 26938421 MLS ⋅ Active Status
Equity Union Commercial is pleased to present an Exceptional 10-Unit Value-Add Opportunity in South Los Angeles boasting a 6.6% Cap Rate with significant rental upside potential. Located at 536 W. 48th Street, this charming 1925 Spanish-style courtyard apartment community consists of 10 units (8 one-bedroom/one-bath units and 2 studio units). The property has undergone significant improvements, including a new roof, copper plumbing throughout, fresh exterior paint, and renovations to 7 of the 10 units. Tenants benefit from separately metered gas and electricity, while city-provided trash service helps minimize operating expenses. Investors will appreciate the strong in-place cash flow combined with substantial upside potential, as current rents are estimated to be approximately 22% below market. The property's layout features a gated courtyard setting with dual front and rear access for each unit, creating an attractive living environment for tenants. Ideally situated near USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, the California Science Center, major retail corridors, and convenient access to the 110 Freeway, the location offers a deep and stable renter pool. This is a rare opportunity to acquire a well-maintained multifamily asset with proven operational improvements, rental upside, and long-term growth potential in one of Los Angeles' most active rental markets.

536 W 48th 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.