90001 Homes under $1.25 million

90001 Homes under $1.25 million

Welcome to the vibrant heart of Los Angeles, where the zip code 90001 offers a unique blend of urban charm and suburban comfort. Nestled in the bustling county of Los Angeles, this area is a treasure trove of opportunities for homebuyers seeking affordability without sacrificing the excitement of city living.

The 90001 zip code is characterized by its diverse neighborhoods, rich culture, and a strong sense of community. Here, you’ll find an array of homes under $1.25 million, making it an ideal choice for first-time buyers, families, and investors alike. From cozy bungalows to modern townhouses, the real estate options cater to various lifestyles and preferences.

Living in 90001 means you’re just a stone's throw away from the vibrant arts scene, eclectic dining options, and endless entertainment that Los Angeles has to offer. Explore local parks, enjoy the nearby shopping districts, or take a short drive to iconic attractions like the Hollywood Walk of Fame and Griffith Park.

With its convenient access to public transportation and major freeways, residents can easily navigate the city and enjoy everything from the stunning beaches of Santa Monica to the bustling downtown area.

If you’re looking for a home that combines affordability, community spirit, and the excitement of Los Angeles living, the 90001 zip code is the perfect destination. Discover your dream home today in this dynamic area where possibilities abound!

Newest 90001 Homes under $1.25 million

6714 Parmelee Avenue, 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.