Downtown L.A. (C42) Homes with Two Levels Stories

Welcome to Downtown Los Angeles (C42), a vibrant urban hub that perfectly marries the pulse of city life with the charm of historic architecture. Nestled in the heart of Los Angeles County, this dynamic neighborhood is a melting pot of culture, creativity, and opportunity. Whether you’re strolling through the bustling streets, savoring gourmet cuisine at trendy eateries, or exploring the eclectic shops, Downtown L.A. offers an unparalleled lifestyle that captivates residents and visitors alike.

One of the standout features of Downtown L.A. is its diverse array of housing options, particularly homes with two levels. These multi-story residences are perfect for those seeking space and versatility in their living arrangements. Imagine stepping into a stunning two-level home where modern design meets cozy comfort. With ample room for entertaining, a dedicated home office, or a peaceful retreat, these properties cater to every lifestyle. The upper levels often provide breathtaking views of the iconic skyline, allowing you to unwind while soaking in the vibrant energy of the city below.

In addition to the impressive architecture, Downtown L.A. boasts a thriving arts scene, renowned theaters, and lush parks, making it an ideal place for families, young professionals, and anyone looking to immerse themselves in the cultural tapestry of Los Angeles. Whether you're captivated by the historic charm of the Arts District, the luxury of high-rise living, or the community spirit of Little Tokyo, Downtown L.A. is a place where dreams and reality converge. Come discover your perfect two-level home in this extraordinary neighborhood!

Newest Downtown L.A. (C42) Homes with Two Levels Stories

$705,000

4 Beds ⋅ 2 Baths ⋅ 26996343 MLS ⋅ Active Status

Incredible investment or owner-user opportunity in the heart of Los Angeles! This prime duplex delivers ultimate flexibility and immediate value. The property features a perfect setup: the upper unit will be delivered completely vacant, making it an absolute dream for an owner-occupant looking to house-hack or an investor wanting to hand-pick their next tenant at updated market terms. This remodeled upper unit features a new stove, sleek laminate flooring, washer/dryer hookups, and a spacious, formal dining room. The second unit features an unpermitted bonus bathroom and a stable, long-term tenant already in place. Both units offer comfortable, highly functional layouts. Situated proximate to DTLA, the property boasts an expansive, fenced-in backyard concrete parking area accessed off a maintained, paved alleyway. Retain immediate stability while capturing immediate upside. This multi-family asset is a rare find in today's market and a must-see! Schedule your tour today!"

1373 E 23rd Street, Los Angeles

$1,425,000

SR26212626 MLS ⋅ Active Status

Three-unit property featuring two remodeled residences and a newly built, two-story detached ADU with a Certificate of Occupancy issued in 2026. The rear residence includes an approved addition. City documents show 1,384 sq ft for Unit 1, 758 sq ft for Unit 2, and 955 sq ft for the ADU, totaling 3,097 sq ft. Lease and rent information is available upon request. Buyer to verify property details and applicable rental regulations.

678 E 45th, Los Angeles

$899,000

4 Beds ⋅ 4 Baths ⋅ P1-29083 MLS ⋅ Active Status

Historic Craftsman with Multiple Living Spaces & R3 ZoningEnter into a piece of history with this charming Craftsman, originally built in 1905 and lovingly owned by the same family for 85 years. Full of character and opportunity, this unique property offers a front residence plus a separately built rear home with additional living space and two large yard areas. Additional unit in the back. The inviting front house features 2 bedrooms, 1 bathroom, and an additional office just off the entry that was previously used as a bedroom. The spacious living room is filled with natural light and features beautiful windows and a classic pocket door leading to the formal dining room. The dining room offers excellent natural light, new windows, and a built-in glass-front cabinet.The updated kitchen features new cabinetry, flooring, and a large pantry area. A convenient service porch includes a washer/dryer and a new soaking sink. Outside, the expansive rear yard has provided the perfect setting for gatherings and entertaining, with plenty of room to enjoy and personalize.Built by the family in 1947, the rear home offers additional versatility. The upstairs unit features 1 bedroom, 1 bathroom, a kitchen, and living room. The downstairs studio is not permitted and includes a full bathroom. An additional yard area is located behind the rear house.The property is zoned R3 and features numerous recent improvements, including some electrical and plumbing upgrades, new flooring in both homes, nine new windows and new doors in the front house, a new bathroom vanity, and fresh interior paint throughout both homes.With its historic charm, multiple living spaces, generous outdoor areas, three fruit trees, and R3 zoning, this property offers a variety of possibilities for homeowners, extended families, or investors. A special property with a long family history--ready for its next chapter.

655 E 50th Street, Los Angeles

$1,150,000

12 Beds ⋅ 6 Baths ⋅ 26995011 MLS ⋅ Active Status

Fantastic opportunity to acquire 915 E. 50th Street Apartments, a well-located multifamily property situated on a spacious 12,652-square-foot lot. The property includes six apartment units: three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and two 2-bedroom/1-bath townhome-style units. Each unit is separately metered and equipped with an individual water heater. The property also features 10 parking spaces and an on-site laundry facility owned by the property. One unit is currently vacant and rent-ready, providing an immediate opportunity for the new owner. The property also offers potential to develop detached ADUs using excess land, subject to verification and approval by the City of Los Angeles.

915 E 50th Street, 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

$1,850,000

26994459 MLS ⋅ Active Status

840 S Hoover St is a residential structure but is highly suitable for commercial-style uses including acupuncture, medical/dental office, skin care, automotive-related use, retail, salon/barbershop, or creative office. Both parcels are zoned C2 with TOC Tier 3, allowing for increased density, mixed-use, or multifamily development (buyer to verify with City). Properties may be developed together or 840 may serve as parking or auxiliary support for 830. Prime high-traffic Koreatown location minutes to DTLA, transit, and major amenities.Drive-by only. Do not disturb tenants. Sold as-is. Buyer to conduct own due diligence. Submit offers with POF.

840 S Hoover Street, Los Angeles

100 S Alameda Street Unit 432, Los Angeles

$729,900

2 Beds ⋅ 2 Baths ⋅ 26994317 MLS ⋅ Active Status

Top-floor 2BR + loft at Savoy in the heart of Little Tokyo in one of Downtown LA's most vibrant and evolving neighborhoods, now buzzing with energy at near pre-pandemic levels. This highly sought-after lofted floor plan offers dramatic volume with soaring ceilings and expansive windows that bring in beautiful natural light and open views of blue skies above. The open-concept living, dining, and kitchen layout flows effortlessly, anchored by rich wood flooring. The kitchen boasts a breakfast island, granite counters, stainless steel appliances, and a newer stove and dishwasher. The versatile loft space is ideal for a home office, guest area, or creative studio. The primary bedroom offers a quiet retreat, while the second bedroom provides flexibility for guests or additional workspace. Additional upgrades include a newer HVAC system (replaced in 2022, approx. $10K). Two parking spaces are included, equipped with an EV charger, an exceptional convenience. Savoy is known for its lush landscaped courtyards and resort-style amenities including pool, spa, fitness center, screening room, business center, rooftop deck, and 24-hour attended lobby with guest parking. Just moments from Little Tokyo's best dining, cafes, markets, and cultural landmarks, with easy access to the Arts District and major transit lines. A rare opportunity to own one of the most desirable layouts in a prime Downtown location.

100 S Alameda Street Unit 432, Los Angeles

$1,125,000

12 Beds ⋅ 7 Baths ⋅ 26982531 MLS ⋅ Active Status

Investor' s Prime location, just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, Thomas Jefferson High School and Exposition Park, where the 2028 Olympics will be held! The property consists of 7 large UNITS / 2 two story buildings , with an attractive combination of existing income and long-term upside, a great unit mix consisting of (4) 2 Bed / 1 Bath, (3) 1 Bed / 1 Bath units. Excellent in-place cash flow on day one, with the benefit of an additional of 35% upside in rents. POSITIVE cash on cash return with current rents. ESTIMATED 7.36 % cap rate, 9.21GRM. Electric and Gas utilities for both buildings are separately metered. Inside with an accepted offer. Fully occupied building , do not disturb tenants . call agent for ore information and Make an offer on the car form RIPA.

4222 Hooper Avenue, Los Angeles

$1,249,000

7 Beds ⋅ 6 Baths ⋅ 26989285 MLS ⋅ Active Status

Large and very spacious duplex, updated and full of character, with one vacant unit. Perfect opportunity to live there and enjoy income from the other unit. Ground floor unit (128 S Hoover) features 4 bedrooms and 3 bathrooms, with tenants paying $3375 per month. Convenient, functional floor plan, side patio area and parking. The upper unit (130 S Hoover) is 3 bedrooms, 3 bathrooms and is being delivered vacant. Both units have been tastefully remodeled for maximum appeal, featuring newer stainless steel kitchen appliances and quartz countertops, updated bathrooms and laminate flooring. The lot has been gated and features drought resistant landscaping for easy maintenance. Private hedged front yard, ideal for quiet contemplation. There is a one car garage, plus space for two additional cars to be parked in the driveway. Terrific location in up and coming Rampart Village, situated between Koreatown and Silver Lake, with close proximity to DTLA.

128 S Hoover Street, Los Angeles

$980,000

DW26208508 MLS ⋅ Active Status

Introducing a thoughtfully reconfigured early-1900s residence offering exceptional flexibility for investors, owner-users, and multi-generational living. This distinctive property has been transformed into a versatile multi-occupant residence designed to maximize functionality and rental potential. The main house features three first-floor bedrooms, thoughtfully converted from the original living and dining rooms, along with a spacious kitchen, laundry room, service room, and full bathroom. Upstairs, the former primary suite has been converted into a private studio apartment with its own kitchenette, full bathroom, and separate exterior entrance. Two additional spacious bedrooms and a second full bathroom provide even more flexibility for occupants, extended family, or rental use. The property also features an enclosed porch that has been converted into a permitted upstairs laundry and flex space, with the potential to create an additional studio. Adding further income-producing potential, the rear duplex at 620 and 620 ½ consists of two separate one-bedroom units, each offering a full living area, kitchen, dining space, and bathroom. Ample on-site parking is currently being used for storage but can readily be reclaimed for tenant parking. With its flexible configuration and multiple living spaces, this property presents a unique opportunity for investors seeking rental income or buyers looking for a versatile multi-generational residence. A rare Los Angeles property offering multiple occupancy options, substantial flexibility, and significant potential.

620 E 28th Street, 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

$833,000

5 Beds ⋅ 5 Baths ⋅ 26990985 MLS ⋅ Active Status

We are pleased to present the opportunity to acquire 6714 Parmelee Ave, an attractive multifamily property that consists of five legal units and one non-conforming unit, located in the Florence-Firestone neighborhood of South Los Angeles. The property consists of approximately 2,506 SF of building area on a 5,237 SF lot and is zoned LCR3YY, offering an attractive combination of existing income and long-term upside. Originally constructed in 1963, the property features six 1-bedroom/1-bathroom units, providing an investor with a diverse income-producing asset. The property offers six parking spaces, including two open-air spaces and four covered carport spaces located in the rear, along with gated access. Residents benefit from individually metered gas and electricity, allowing the owner to minimize utility expenses and place greater responsibility for consumption directly on tenants. The property offers approximately 29% rental upside, providing an investor with an opportunity to increase income through the repositioning and lease-up of the property. The property is conveniently located directly across the street from Miramonte Elementary School, one block west of Compton Ave, and just a few blocks south of Gage Ave. Its location provides convenient access to major thoroughfares, public transportation, schools, employment centers, and neighborhood amenities throughout South Los Angeles.

6714 Parmelee Avenue, 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.