Downtown L.A. (C42) Real Estate

Welcome to Downtown Los Angeles, a vibrant and dynamic hub that embodies the essence of California's cultural and economic heartbeat. Nestled in the heart of Los Angeles County, this iconic district is a melting pot of history, innovation, and creativity, making it one of the most sought-after areas to live and work in the Golden State.

Downtown L.A. is renowned for its stunning skyline, punctuated by architectural marvels like the Walt Disney Concert Hall and the towering U.S. Bank Tower. The area is a treasure trove of experiences, from world-class dining and eclectic shopping to a thriving arts scene. Stroll through the historic Olvera Street, where you can immerse yourself in rich Mexican heritage, or explore the trendy Arts District, filled with galleries, street art, and artisanal boutiques.

For those who appreciate the great outdoors, Downtown L.A. offers an array of parks and green spaces, such as Grand Park and the picturesque Exposition Park, where you can unwind amidst lush landscapes and beautiful gardens. The region is also a cultural epicenter, hosting events like the L.A. Film Festival and the Downtown Art Walk, which showcase the diverse talents of local artists and filmmakers.

With its convenient access to public transportation, including the Metro Rail, commuting to other parts of Los Angeles is a breeze. Whether you’re a young professional, a family, or a retiree, Downtown L.A. provides a unique blend of urban living and community spirit that makes it an exceptional place to call home. Discover the charm and excitement of Downtown L.A., where every street tells a story, and every neighborhood has its own unique character.

Newest Listings in Downtown L.A. (C42)

$1,400,000

TR26213551 MLS ⋅ Coming Soon Status

Excellent opportunity to own a four-unit residential income property in a convenient Los Angeles location. Situated on a spacious 6,280 sq. ft. lot with approximately 3,736 sq. ft. of living space, the property offers ample parking and numerous recent upgrades throughout. All electrical panel boards, including interior and exterior panels, are brand new, along with new electrical outlets throughout all units. Each unit features brand-new flooring and interior paint, while the bathrooms have been updated with new sinks, toilets, and mirrors. The stairway has been upgraded with new flooring, and all units feature brand-new A/C systems. Separate washer and dryer units are provided for each unit, with the exception of Unit 205. Conveniently located near the 10 and 110 Freeways, the property offers easy access to USC, Exposition Park, Downtown Los Angeles, the Fashion District, LA LIVE, restaurants, shopping, and entertainment. With its four-unit configuration, substantial lot size, ample parking, extensive upgrades, and desirable central location, this property offers an excellent opportunity for investors seeking a well-positioned Los Angeles income property.

201 E 31st, Los Angeles

$1,650,000

16 Beds ⋅ 7 Baths ⋅ 26994983 MLS ⋅ Active Status

Renovated six-unit income property in South Park (South LA). Short sale, subject to lender approval. The 1922 front building was remodeled under 2021-22 LADBS permits into four 3-bedroom units. Two are 3/1.5 down, two are 3/1 up. Two detached 2 bed / 1 bath ADUs have a 2023 Certificate of Occupancy. Renovated kitchens with shaker cabinets, stainless appliances, built-in microwaves and vinyl plank floors. Mini-split heat and AC in every unit. The four front units have dishwashers and in-unit stacked laundry. Gas and electric are separately metered. Water is submetered. Tenants pay gas, electric and trash. Five units also pay water. All six units are leased at $14,657 per month. Four leases began in 2026. 8.0% cap rate and 9.4 GRM at list price on broker-estimated expenses. The front building is under LA rent stabilization. The ADUs are exempt per LAHD. Minutes to USC, Exposition Park and the Lucas Museum. Buyer to verify all figures, permits, unit count and square footage.

324 W 51st Street, Los Angeles

$950,000

BB26212477 MLS ⋅ Active Status

Original LA Spanish style building. 6 Units - (2) 2 + 1, (4) 1+ 1 with additional single (guest room -permits unknown) covering 3,828 sqft Bldg. Rents are being collected on 7 units. LADBS has property listed as 6 units, LAHD has 7 units paying rents. Current owners have acquired the property in its current configuration years ago. Property is gated for privacy and security with plenty of parking behind building on this 6,496 sq ft lot. Separate coin op laundry room. Fully occupied, Located in the heart of Los Angeles' Westlake/Downtown sub-market. Close to Downtown Los Angeles, Echo Park, Koreatown, retail Shops, public transportation and Freeways. Sale is contingent upon Seller securing upleg of choice and effecting a 1031 exchange. Seller will look at all offers. OSTI. Sold AS IS.

2507 W 4th, Los Angeles

$639,900

3 Beds ⋅ 2 Baths ⋅ DW26213827 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

$2,195,000

11 Beds ⋅ 8 Baths ⋅ 26993155 MLS ⋅ Active Status

Huge 800k Price Reduction! Once in a lifetime 100% Fully Renovated 7-unit apartment building with permits cash flowing at an amazing Current 8% Cap Rate from day 1! Fully Approved RTI plans to add 6 detached ADUs to achieve a remarkable 11.4% Cap Rate and 6.7 GRM after taking into account all constructions costs (~566k assuming $250/SF). All 7 units have been completely remodeled from the studs with permits and boast 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 4 (1bed/1bath) units, 2 (2bed/1bath) units, and 1 spacious brand-new (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 7,084 SF R3-1 Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA, and Koreatown.

316 Columbia Avenue, Los Angeles

420 S San Pedro Street Unit 410, Los Angeles

$589,000

1 Baths ⋅ 26995333 MLS ⋅ Active Status

Welcome to a New York-style loft in Downtown LA. The 2-bedroom loft is in a Landmark building. Unique to the Little Tokyo Lofts, the bedrooms are enclosed. The loft features architectural elements such as a semi-open floor plan with an original oversized steel casement window facing West. The window renders a stunning WOW-view of the Downtown L.A. skyline. The loft is a quiet and peaceful retreat from the hustle and bustle of the city. Watch the sunset from the comfort of your living room, kitchen or bedroom. Step into tall gallery walls, hardwood floors, 12 ft. ceilings, exposed beams and original columns. Natural light emanates throughout. One bedroom is enclosed with custom hidden doors disguised as a bookcase. The secret duo-doors add style and function as they open wide blending seamlessly into the semi-open floor plan. The kitchen is fully equipped with stainless steel appliances. The bathroom features a large soaking tub and washer & dryer. Bonus feature: 2 parking spaces on title. In addition, rare for Downtown L.A., there are 25 guest parking spaces on-site. Centrally located and walkable to any neighborhood in DTLA. Building amenities include 24/7 security, an open-air lounge patio, a heated pool and hot tub, barbecue area, fitness room and dog run. Adjacent to Little Tokyo - which is now 1-of-3 remaining historic Japantowns left in the nation. Bordered by the Arts District, an eclectic neighborhood with a diverse range of Michelin star restaurants, concept coffee shops, breweries and world class museums. Exploring the city is easy with a Metro Bike Share Station outside the buildings front doors. Near public transportation and easy access to freeways. The Little Tokyo Lofts is a six-story condominium building. The building stands as a testament to the industrial history of Downtown Los Angeles. Originally constructed in 1922 as the Westinghouse Electric Company, the trademark historic Art Deco building was transformed into residential lofts in 2006, offering a blend of historic charm and modern living. The HOA monthly fee covers water, trash, 24/7 security and maintenance of the common areas.

420 S San Pedro Street Unit 410, Los Angeles

$598,000

2 Beds ⋅ 1 Baths ⋅ DW26213474 MLS ⋅ Active Status

A two-bedroom house featuring a detached one-car garage and a patio situated between the home and the garage. This property is move-in ready and eagerly awaits its new owner. It is an ideal choice for first-time homebuyers as well as savvy investors looking to secure steady monthly income while building equity.......Photos shown reflect the property's condition prior to being rented. Minor cosmetic variations may exist

4267 Menlo, Los Angeles

1155 S Grand Avenue Unit 905, Los Angeles

$599,000

1 Beds ⋅ 1 Baths ⋅ 26992869 MLS ⋅ Active Status

ONE OF THE MOST DESIRABLE ONE BEDROOM FLOOR PLANS IS AVAILABLE TO PURCHASE IN THE EVO BUILDING. UNIT 905, PART OF THE "05" STACK, IS RARELY AVAILABLE. This spacious, 1bed/1bath, plus bonus room/office area. Bedroom offers amazing windows, not the typical one bedroom that is behind the kitchen without windows. Amazing bright unit offers East views of Los Angeles and beyond. Spacious utility room in the unit offers full size washer and gas dryer. One car parking space in premium location with EV charger included. EVO is a LEED-certified Green building with amazing amenities including outdoor rooftop lounge with breathtaking DTLA skyline views, available to use or rent for events; fitness center on the top floor of the building, pool , hot tub, and outdoor dining areas along with a kitchen to make for easy entertaining. Located just steps from LA LIVE, Wholefoods, and the new Erewhon opening in 2027! Now is the perfect time to invest in DTLA! So much more is coming! LIVE, WORK, PLAY IN DTLA!

1155 S Grand Avenue Unit 905, Los Angeles

$1,090,000

8 Beds ⋅ 4 Baths ⋅ 26994479 MLS ⋅ Active Status

Remodeled four-unit multifamily investment opportunity featuring four 2-bedroom, 1-bathroom units and an exceptional 8-car parking setup. Each unit has been thoughtfully updated with brand-new windows, remodeled kitchens and bathrooms, new flooring, and a new roof, offering a fresh and cohesive look throughout the property. The consistent unit mix and substantial recent improvements make this a compelling opportunity for an investor seeking a well-positioned multifamily asset with strong tenant appeal. Each unit also benefits from 2 tandem parking spaces, providing a total of 8 parking spaces, a valuable feature for a four-unit property. Conveniently located near the I-110 Freeway, offering easy access to Downtown Los Angeles and surrounding neighborhoods. Situated near local shopping, dining, schools, parks, and everyday conveniences. With four remodeled 2-bedroom units, significant capital improvements, and abundant parking, the property presents an attractive opportunity to add a renovated multifamily asset to a portfolio.

456 W 52nd Street, Los Angeles

801 S Grand Avenue Unit 2106, Los Angeles

$675,000

2 Beds ⋅ 2 Baths ⋅ 26988621 MLS ⋅ Active Status

Enjoy the convenience of living in one of the best units at Sky Lofts. This nor-facing unit features an open floor plan, panoramic city views, and floor-to-ceiling windows that fill the space with natural light. With two full bathrooms, the spacious layout can easily be configured as a two-bedroom by installing a partition. The unit features hardwood floors, recessed lighting, walk-in closets, and a gourmet kitchen with stainless steel appliances. Two underground parking spaces with convenient lobby access are included.Located in the heart of South Park, Sky Lofts is just steps from Whole Foods Market, LA Live, Crypto.com Arena, Philz Coffee, the Metro station, 7th & Fig Shopping Center, and a variety of restaurants and entertainment. Building amenities include 24-hour security, a private theater room, resident lounge, and fitness center.

801 S Grand Avenue Unit 2106, Los Angeles

$699,000

SR26212793 MLS ⋅ Active Status

Value-add 4-unit opportunity in the high-demand 90011 corridor, just east of the 110 Freeway and south of MLK Jr. Blvd. Three detached buildings sit on a large 8,208 sq ft LARD2 lot: two separate 2-bed/1-bath houses and a duplex with two studios, totaling 2,229 sq ft of living space. The property is 100% occupied and brings in $5,225/month ($62,700/year) in gross income which translates into 6.33 CAP. Rents are below market, which gives a clear path to higher NOI as units turn over. Units are separately metered, and the owner pays only water. Parking for 7 vehicles. Minutes to USC, Exposition Park, the LA Memorial Coliseum and Downtown LA, with a Walkability Score of 78. An entry-level price for a multifamily asset with cash flow today and room to grow.

737 E 40th, Los Angeles

$590,000

1 Beds ⋅ 1 Baths ⋅ 26990165 MLS ⋅ Active Status

Own a piece of Los Angeles history in DTLA's most iconic Art Deco masterpiece: the world-renowned Eastern Columbia Building. Rarely available (first time on market), Unit M-09 is a premium 990 sq. ft. west-facing live/work loft that effortlessly blends true industrial grit with modern luxury. Step inside to discover an entertainer's dream featuring soaring 11+ foot ceilings, dramatic exposed beams, and polished dark concrete floors. Unique to only a select few units in the building, this residence boasts massive, dual-paned windows that flood the open-concept layout with natural light while offering peaceful, temperate cityscapes and treetop views. The highly functional layout features a distinct, separated primary bedroom area, an expansive open-plan living and workspace, upgraded stainless steel appliances, custom window coverings, and an in-unit washer/dryer. The unit also comes complete with 1 assigned covered parking space equipped with an EV charger. BUY WITH ABSOLUTE PEACE OF MIND: The SELLER HAS FULLY PAID THE SPECIAL ASSESSMENT! This delivers incredible instant equity and a completely hassle-free transition for the new owner, bypassing a major future expense. Perfectly situated in the premier, vibrant neighborhood of South Park right on the border of the Historic Core, this property offers the absolute best of the downtown LA lifestyle at your doorstep. This location strikes the perfect balance between the high-end, clean residential energy of South Park and the rich cultural grit and architecture of the Historic Core. You are completely walkable and just steps from the flagship Apple Store at the Tower Theatre, Whole Foods, the upcoming Erewhon, the Orpheum Theatre, and world-class dining destinations like Redbird, Dunsmoor, and Grand Central Market. When you live at the Eastern Columbia, you live like a celebrity. Residents enjoy unparalleled, resort-style amenities including a breathtaking rooftop sky-deck pool, hot tub, fully equipped fitness center, outdoor fireplace lounge, and 24/7 front desk concierge and security all wrapped by the building's iconic turquoise terra cotta facade and neon clock tower. THE ULTIMATE BONUS: Enjoy historic financial savings. The building is an approved Mills Act contract property, granting owners up to 70% off annual property taxes! Between the paid assessment and the massive property tax discount, the carry cost and value proposition of this luxury loft are entirely unmatched in the city. Opportunities in this tier do not last. Whether you are looking for an inspiring, creative live/work workspace, a luxury urban pied-a-terre , or a trophy real estate asset, Unit M9 delivers on every front. Schedule your private tour today before it's gone!

849 S Broadway Unit M09, 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.