Los Angeles Southwest (C34) Homes with Three Or More Levels Stories

Welcome to Los Angeles Southwest (C34), a vibrant and diverse region nestled in the heart of Los Angeles County, California. This dynamic area is renowned for its rich cultural tapestry, where art, music, and culinary delights converge to create an unparalleled urban experience. With its close proximity to iconic landmarks, lush parks, and bustling shopping districts, Los Angeles Southwest is a thriving hub that attracts residents from all walks of life.

One of the standout features of this region is its unique architectural landscape, particularly the availability of homes with three or more levels. These multi-story residences offer an exceptional living experience, providing ample space for families and individuals alike. Imagine coming home to a beautifully designed three-story haven, where each level serves a distinct purpose—whether it’s a cozy family gathering area, a dedicated home office, or a serene retreat for relaxation. The vertical layout not only maximizes living space but also offers stunning views of the surrounding neighborhoods and cityscape.

In Los Angeles Southwest, you’ll find a variety of styles and designs, from contemporary townhouses to charming vintage homes, each reflecting the eclectic spirit of the area. The community is enriched by a strong sense of camaraderie, with local events and neighborhood gatherings fostering connections among residents.

With its perfect blend of urban energy and suburban comfort, Los Angeles Southwest (C34) is not just a place to live; it’s a lifestyle. Explore the possibilities of multi-level living in this captivating region, and discover why so many are proud to call it home.

Newest Los Angeles Southwest (C34) Homes with Three Or More Levels Stories

$2,900,000

27 Beds ⋅ 27 Baths ⋅ 26853569 MLS ⋅ Active Status

We are pleased to present 1597 W 37th Street, a 2025 ground-up new construction asset in the Exposition Park neighborhood of Los Angeles, located just west of USC. Totaling approximately 7,341 rentable square feet across three fully furnished units and 27 beds, each with its own private en-suite bathroom, the property offers exceptional versatility across multiple housing strategies, including student rentals, co-living, affordable housing, or program-based and transitional housing. The asset features premium finishes throughout, including quartz countertops, stainless steel appliances, tiled showers with glass enclosures, new flooring, and in-unit washers and dryers, minimizing near-term capital requirements and maximizing tenant appeal. At just $395 per square foot, the acquisition basis represents a significant discount to current replacement cost for comparable new construction in Los Angeles, a basis that would be nearly impossible to replicate at today's construction costs. This pricing dynamic creates a structural competitive advantage. New entrants cannot deliver a comparable asset at a lower cost basis, effectively limiting the threat of supply-driven rent compression. For investors, this translates to a more defensible asset value and greater long-term income stability. The property operates under a master lease guaranteeing full occupancy with 5% annual rent escalations, providing investors with immediate, structured cash flow and no day-to-day management obligations. Under the lease structure, the tenant assumes responsibility for utilities, maintenance, and property operations, significantly reducing landlord exposure and delivering a more predictable, low-touch income stream. In-place rents are further supported by meaningful upside to market, offering investors a clear path to enhanced yields upon lease maturity. Strategically located with direct access to the Expo/Western Metro Station, the property provides tenants connectivity to Downtown, Mid-City, and the Westside, and sits within close proximity to USC and cultural landmarks including the LA Coliseum, BMO Stadium, the California Science Center, and the upcoming Lucas Museum of Narrative Art, positioning it to serve a broad tenant base. Beyond its strong in-place cash flow, the property offers compelling tax advantages, with potential eligibility for 100% bonus depreciation under current legislation. Prospective investors are encouraged to consult the listing agents regarding a cost segregation feasibility study to fully assess and optimize these accelerated depreciation benefits. With its brand-new construction, flexible use potential, and stable master-lease cash flow, 1597 W 37th Street offers investors a rare chance to secure a low-maintenance asset in one of Los Angeles' most resilient rental markets.

1597 W 37th Street, Los Angeles

$7,950,000

44 Beds ⋅ 44 Baths ⋅ 26851213 MLS ⋅ Active Status

Less than 650 Feet to USC Campus and only 300 Feet to Expo/Vermont Metro Station. We are pleased to present 1073 Exposition Blvd, a newly constructed (2021) 16-unit, 44-bed multifamily investment opportunity located less than one block from the University of Southern California (USC) and directly adjacent to the USC Viterbi School of Engineering within the USC Department of Public Safety (DPS) patrol zone. Positioned next to the Expo/Vermont Metro E Line Station, the property benefits from exceptional walkability, transit connectivity, and consistent rental demand from both students and conventional apartment renters. Unlike much of the newer student housing inventory surrounding USC, which is designed as dorm-style, by-the-bed housing, 1073 Exposition Blvd was built with apartment-grade construction featuring conventional unit layouts, elevator service, and rooftop amenities. This design creates unique operational flexibility, allowing ownership to continue operating the asset as premium student housing or transition to traditional market-rate apartments serving renters seeking convenient access to Downtown Los Angeles, Mid-City, Culver City, and the Westside via the Metro system. The property consists of 16 fully furnished units across a diverse unit mix of nine three-bedroom units, six two-bedroom units, and one five-bedroom unit. Units feature open floor plans, wood-style flooring, quartz countertops, stainless steel appliances, central HVAC, in-unit laundry, and abundant natural light, providing a modern living experience that appeals to a broad tenant base. Offered at $7,950,000, the property represents an extremely low basis for an elevator-equipped / 2021 built asset at $390 per square foot and $180,682 per bed, significantly below replacement cost and below many competing assets in the USC submarket. The offering offers significant additional upside through rent growth as in-place rents are adjusted toward market levels during future leasing cycles. USC remains one of the strongest housing demand drivers in Southern California, with an enrollment exceeding 46,000 students and a substantial portion of the student population residing off campus. The university's continued focus on enrollment growth, academic expansion, and global recruitment supports long-term demand for quality housing within walking distance of campus. As a recently constructed asset, the property also offers potential tax advantages through cost segregation and accelerated depreciation strategies. Buyers are encouraged to consult with their tax advisors regarding eligibility and potential benefits. With a premier walk-to-campus location, immediate access to rail transit, modern construction, elevator service, strong in-place cash flow, and a compelling sub-$400 per square foot acquisition basis, 1073 Exposition Blvd presents a rare opportunity to acquire a turnkey asset in one of Los Angeles' most durable and supply-constrained rental markets.

1073 Exposition Boulevard, Los Angeles

$3,800,000

36 Beds ⋅ 36 Baths ⋅ 26843729 MLS ⋅ Active Status

We are pleased to present 3754 S Harvard Blvd, a newly constructed 2025 multifamily investment opportunity in the highly desirable Exposition Park neighborhood of Los Angeles. Offered at $397 per square foot, a significant discount to comparable new construction trading closer to $500 per square foot throughout Los Angeles, the property represents a rare opportunity to acquire a modern, stabilized asset well below replacement cost. The property is further supported by an in-place master lease generating a 6.17% cap rate from day one, providing investors with immediate, contractual, and low-management cash flow. The property consists of approximately 9,560 square feet across three fully furnished co-living units totaling 36 beds and 36 private bathrooms. Premium finishes throughout include quartz countertops, stainless steel appliances, tiled showers with glass enclosures, updated flooring, and in-unit washers and dryers, minimizing near-term capital requirements and maximizing tenant appeal. The master lease includes 5% annual rental escalations with the tenant responsible for utilities, vacancy, maintenance, and day-to-day operations, significantly reducing landlord exposure and delivering a passive, predictable ownership experience. Upon lease maturity, investors are well-positioned to capture meaningful upside through direct leasing at market rents. Rising construction costs, extended entitlement timelines, and increasing barriers to development make it nearly impossible for new competitors to deliver a comparable asset at a lower basis, creating a structural competitive advantage that protects long-term value and limits future supply pressure. Located near the Expo/Western Metro Station with direct access to Downtown Los Angeles, Mid-City, Culver City, and the Westside, the property benefits from proximity to USC's 46,000+ students and sits at the center of Exposition Park's anticipated transformation as a host neighborhood for the 2028 Los Angeles Summer Olympics. As a newly constructed asset, the property may offer meaningful tax benefits through accelerated depreciation and cost segregation strategies. Prospective buyers are encouraged to consult their tax advisors regarding these opportunities. Combining a below-replacement-cost basis of $397 per square foot, a contractual 6.17% cap rate, structured annual rent growth, modern construction, and limited management obligations, 3754 S Harvard Blvd is a rare stabilized income opportunity in one of Los Angeles' most dynamic submarkets.

3754 S Harvard Boulevard, Los Angeles

$28,950,000

26841461 MLS ⋅ Active Status

We are pleased to present 4186 S Western Ave, a brand new construction multifamily opportunity situated in South Los Angeles along the highly trafficked Western Avenue corridor between W Martin Luther King Jr Blvd and W Vernon Ave. The seven-story building consists of 118 units with an efficient mix of 6 singles, 110 one-bedroom units, and 2 two-bedroom units, purpose-built to meet the area's strong renter demand. The asset is being delivered below replacement cost, offering investors a rare basis in a supply-constrained submarket where new construction is exceedingly difficult to replicate at anywhere near this price point. Once stabilized, the asset is projected to achieve a significantly higher cap rate than any other available new construction offering in the market, making this one of the most compelling risk-adjusted opportunities currently available to multifamily investors in Los Angeles. The property is also eligible for the California Welfare Tax Exemption, providing a meaningful reduction in operating expenses that further enhances returns and widens the cap rate advantage over comparable new construction product. Potential vacant delivery also creates a compelling opportunity for mission-driven housing operators to populate the building with the demographic groups they serve, including workforce, affordable, or supportive housing residents, without the need for tenant displacement. The property features controlled-access entry, modern building systems, thoughtfully designed common areas, on-site laundry facilities, bicycle storage, and an expansive rooftop deck offering residents a functional and comfortable living environment. Located within a designated Qualified Opportunity Zone (QOZ), the property may be delivered prior to issuance of the Certificate of Occupancy, enabling qualified investors to structure the acquisition to meet QOZ requirements and realize associated tax benefits. Strategically positioned along Western Avenue, one of South Los Angeles' primary northsouth corridors, the asset sits just minutes from the 110 Freeway with convenient connectivity to Downtown Los Angeles, USC, Inglewood, and greater Los Angeles. The property is served by multiple Metro bus lines and benefits from proximity to local schools, neighborhood retail, and everyday amenities, with easy access to Vernon Avenue, Slauson Avenue, and Crenshaw Boulevard.

4186 S Western Avenue, Los Angeles

$2,499,000

OC26095334 MLS ⋅ Active Status

Newly built near soon to open Lucas Museum. Total of 12bed and 5 Den in 4 unit, a total of approximately 6000 sq. ft. of living space on a 6752 sq. ft. lot, providing a strong combination of rental income and long-term potential. The property features four units. The property also includes a spacious garage. Ideal for investors seeking a reliable, income-producing asset in the Los Angeles market. The property features a long driveway. Primary home buyer great to use one unit and lease others. Location near exposition park, very close to USC and California Science Center, Natural History Museum, LA Memorial Coliseum, Lucas Museum and light-rail access convenient for transit. Local schools: Menlo Avenue Elementary, Manual Arts Senior High, Barack Obama Global Prep, Grocery, quick-service restaurants and basic retail within walking distance.

1041 W Leighton Avenue Unit 4, Los Angeles

$3,998,888

28 Baths ⋅ 26673035 MLS ⋅ Active Status

Presenting an exceptional opportunity to acquire a brand-new, purpose-built apartment building located at 1625 W 37th Pl, Los Angeles, CA. Thoughtfully designed for long-term durability and high tenant demand, this modern property offers 28 bedrooms with private en-suite bathrooms across three expansive units, each crafted with designer finishes and high-quality construction standards.Situated just minutes from USC and steps from the Metro Expo Line (in addition to other public transportation options), the building is ideally positioned to attract students, young professionals, and the growing co-living market. Each unit features a spacious community living room, generous kitchen, and substantial storage, providing an elevated living experience tailored to shared housing needs.With no rent control restrictions due to its new-construction status, investors benefit from full operational flexibility and the ability to maximize income from day one. At the asking price, the asset delivers strong cash flow with a cap rate exceeding 7.5%, making it a high-yield opportunity priced below current market alternatives. The Certificate of Occupancy was issued and dated February 2026.This is a rare chance to secure a high-performing, well-located, and newly built asset in one of Los Angeles' most resilient rental corridors.

1625 W 37th Place, Los Angeles

$14,990,000

AR26068285 MLS ⋅ Active Status

Discover an exceptional investment opportunity in the heart of Los Angeles! This modern 27-units apartment complex is ideally offering unparalleled convenience and accessibility. The property boasts a contemporary design with high-quality finishes, catering to the needs of today’s discerning tenants. This fully-leased complex ensures immediate and stable cash flow. Each unit is thoughtfully designed to maximize space and comfort, making it a sought-after residence for professionals and students alike. Don’t miss out on this turnkey investment in one of LA’s most vibrant and growing neighborhoods!

1836 Sichel Unit 27, Los Angeles

$4,500,000

OC26013171 MLS ⋅ Active Status

This is a prime investment opportunity located just minutes from USC in a high-demand rental market. The property offers strong rental income potential and is ideal for student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing or long-term rental use, with consistent tenant demand and excellent long-term appreciation prospects. Conveniently situated near Downtown Los Angeles, Exposition Park, public transportation, and major freeways. This property is well positioned for investors seeking stable cash flow and future upside. Currently this property is managed by a professional company. No headache, just cash flow for new buyer. Please contact listing agent for more details!

1444 W 37th 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.