90001 Homes under $2 million

Welcome to the vibrant heart of Los Angeles, nestled in the dynamic 90001 zip code! This area, part of the sprawling Los Angeles County, offers a unique blend of urban energy and community charm. Known for its rich cultural tapestry, 90001 is a neighborhood that thrives on diversity, making it an ideal place for families, young professionals, and anyone seeking a lively lifestyle.

One of the most appealing aspects of this area is its real estate market. Homes under $2 million are not just a possibility; they are a reality! From charming bungalows to more modern constructions, the housing options here cater to a variety of tastes and budgets. Whether you're looking for a cozy starter home or a spacious residence for your growing family, 90001 has something to offer everyone.

Living in 90001 means enjoying easy access to a plethora of amenities. The neighborhood is dotted with parks, local eateries, and shops that reflect the vibrant culture of Los Angeles. Plus, the proximity to major highways makes commuting to other parts of the city a breeze.

In this lively zip code, you’ll find a community that embraces the true essence of Los Angeles living. With homes available under $2 million, now is the perfect time to explore what 90001 has to offer. Discover your dream home in this exciting and diverse neighborhood, where the possibilities are as endless as the California sunshine!

Newest 90001 Homes under $2 million

$695,000

6 Beds ⋅ 4 Baths ⋅ 26104564 MLS ⋅ Active Status

We are pleased to present 1159 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 7.28% CAP and 9.70 GRM on current rents, with value-add potential to reach an 11.71% CAP and 6.58 GRM. The property consists of one single story structure totaling 2,088 rentable square feet on a 4,392 SF LCR3YY-zoned lot. Built in 1928, the building features a unit mix of two (2) two-bedroom units and two (2) one-bedroom units. The site also includes street access on both sides of the property from E Gage Avenue and 66th Street. Located just east of the 110 Freeway, the property offers easy access to the Florence and Slauson Light Rail Stations, multiple Metro lines, and nearby neighborhoods including Huntington Park, Walnut Park, South Gate, and Maywood. It's also conveniently situated near Edison Middle School, Public Service Community High School, and Mary M. Bethune Park. Property is subject to LA County rent control regulations. For additional information contact the listing broker.

1159 E 64th Street, Los Angeles

$749,900

IG26227356 MLS ⋅ Active Status

INVESTOR SPECIAL / VALUE-ADD MULTIFAMILY OPPORTUNITY! Incredible investment potential located in the Florence-Firestone area, just blocks from Huntington Park. This 6-unit property offers massive upside with an estimated After Repair Value (ARV) exceeding three times the current price. The unit mix consists of six (6) 1-Bedroom / 1-Bathroom units situated on an expansive 12,030 sq. ft. lot (over 1/4 acre) zoned LCR2YY. Building size is approximately 3,264 sq. ft. Five (5) units are currently occupied generating immediate rental income, while one (1) unit is vacant, offering an ideal opportunity for owner-occupancy ("house hacking") or immediate renovation to capture top market rents. Each unit features separate gas and electric meters. Owner currently pays water, with tenant overage reimbursement terms in place. Prime candidate for a heavy value-add renovation, capital appreciation, and long-term portfolio growth. Buyers to verify all listing info, zoning, permits, and potential development rules with LA County. Do not disturb tenants.

8201 Morton, Los Angeles

$925,000

6 Beds ⋅ 5 Baths ⋅ 26103127 MLS ⋅ Active Status

We are pleased to present 620 E 79th St, a five-unit multifamily property in South Los Angeles featuring four 1BD/1BA units and a 720 SF 2BD/1BA ADU built in 2022, on a 5,204 SF lot. Priced at $925,000 ($185,000/unit, $397/SF), the property offers a 9.95% CAP and 7.40 GRM on in-place income, a basis well below recent comparable sales in the 90001 submarket. The upside is immediate: two units, including the rear ADU, can be delivered vacant, allowing a new owner to set rents at market from day one or occupy a unit while the remaining four cover the mortgage. In-place rents on the occupied units sit up to 29% below market, giving an investor a clear path to grow income on turnover and push the return well beyond the current CAP. The 2022 ADU adds a newer, low-maintenance unit to the mix, and the entirely single-story layout with no elevated balconies means no SB 721 inspection and lower long-term upkeep. Eligible for 100% bonus depreciation via cost segregation. Close to the USPS Los Angeles Processing & Distribution Center, the Vernon and Commerce industrial corridors, the 110, 105, and 10 freeways, and the Metro A Line. Buyer to verify all information.

620 E 79th Street, Los Angeles

$529,999

2 Beds ⋅ 2 Baths ⋅ CV26220462 MLS ⋅ Active Status

Welcome to this charming and well-maintained 2-bedroom, 2 bath home offering comfort and convenience in the heart of Los Angeles! This property features a beautifully updated kitchen and bathroom remodeled within the last six years. The home has been well cared for and offers a great opportunity for first-time homebuyers or anyone looking for a cozy place to call home. The property also features a converted garage, providing additional usable space with plenty of potential, Buyer Advisory: Garage has been converted. Buyer and buyer’s agent are advised to independently investigate and verify all information, including but not limited to permits, square footage, room count, property condition, zoning, and the legality of any additions or conversions. One parking space is available in the driveway, with additional street parking generally available. Conveniently located near and within driving distance of USC, this home offers easy access to many Los Angeles amenities. Don’t miss this great opportunity to make this home your own!

8205 Stanford Ave, Los Angeles

$849,999

SB26218805 MLS ⋅ Active Status

Discover the possibilities at 1836 East 71 Street in the city of Los Angeles. Multi unit property, Front unit is currently vacant!!! An opportunity for first time buyers or investors looking to add to their real estate portofolio. Conventiently located near shopping centers, local businesess, restaurants, public transportation and freeways.

1836 E 71st, Los Angeles

$725,000

7 Beds ⋅ 4 Baths ⋅ 26996933 MLS ⋅ Active Status

1 UNIT VACANT!!! We are pleased to present 1166 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 6.93% CAP and 9.27 GRM on current rents, with value-add potential to reach an 10.19% CAP and 6.90 GRM with 1 UNIT DELIVERED VACANT! Located just east of the 110 Freeway, the property offers easy access to the Florence and Slauson Light Rail Stations, multiple Metro lines, and nearby neighborhoods including Huntington Park, Walnut Park, South Gate, and Maywood. It's also conveniently situated near Edison Middle School, Public Service Community High School, and Mary M. Bethune Park. The property consists of two separate structures a front triplex and a rear detached house totaling 1,952 rentable square feet on a 4,836 SF LCR3YY-zoned lot. Built in 1958 and 1923, respectively, the buildings feature a unit mix of 3 two-bedrooms and 1 one-bedroom, with two units already renovated and 1 two-bedroom unit being delivered vacant at closing. The site also includes both covered and uncovered on-site parking, enhancing tenant appeal. Contact the listing broker for additional information.

1166 E 64th Street, Los Angeles

$1,189,000

DW26205139 MLS ⋅ Active Status

Welcome to 723 E 76th St, a spacious duplex offering an excellent opportunity for investors and owner-users alike. This two-unit property features two generously sized residences, each offering 5 bedrooms and 3 bathrooms, providing an impressive total of 10 bedrooms and 6 bathrooms. Situated on a 5,104-square-foot lot, the property offers ample living space and a versatile layout with approximately $60,000 in upgrades completed in 2026. The front unit features updated finishes including granite countertops, stainless steel appliances, subway tile, and laminate flooring, creating a modern and inviting living environment. The property also offers strong rental potential, with one unit generating $4,282 in monthly rental income. Located in the Los Angeles Southwest area, this substantial multi-unit property combines generous living space, thoughtful improvements, and excellent versatility for an investor or owner-user.

723 E 76th Pl, 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

$700,000

2 Beds ⋅ 5 Baths ⋅ 26988461 MLS ⋅ Active Status

We are pleased to present 7408 Elsie St, a 5-unit building located in South Los Angeles, offered at a 7.41 GRM and an 8.12% CAP on actual rents, with upside potential to achieve a 7.29 GRM and an 8.33% CAP with market rents. The property is comprised of one, single-story building consisting of a total of 1,264 RSF. Built in 1926, the property sits on a low coverage 4,720 SF LCR3 zoned corner lot with street access on three sides, allowing for a fully parked property with great ingress/egress which may allow for the flexibility of adding ADU(s) while retaining uncovered parking. The unit mix features one (1) two-bedroom one-bathroom unit and four (4) studio units. One studio unit and the two-bedroom unit will be delivered VACANT, and 3 out of 5 units have been renovated. Located between E 75th St and E Florence Ave, nearby Franklin D. Roosevelt Park, Leon H Washington Park, Parmelee Avenue Elementary School, Edison Middle School and Miramonte Elementary School, this location offers fantastic proximity to the Florence Metro A Line and numerous transit stops off of E Florence Ave, providing easy access to Downtown Los Angeles and neighboring communities such as Huntington Park, Walnut Park, Cudahy, South Gate and more. Contact the listing broker for additional information.

7408 Elsie Street, Los Angeles

$1,200,000

PW26200036 MLS ⋅ Active Status

6 units multi family income property in Los Angeles Metropolitan South area. Great rental property to add to your Real Estate portfolio. has four 2 bedroom 1 bathroom units, one 3 bedroom 1 bathroom unit, one 1 bedroom and 1 bathroom unit. has 6 parking car ports to park 6 cars. laundry room for tennants in appartment building. close to the 110 freeway, 710 freeway and 105 freeway. close to Downtown LA.

1117 East 85th, Los Angeles

$739,900

4 Beds ⋅ 2 Baths ⋅ 26986879 MLS ⋅ Active Status

This beautifully updated corner-lot property is ideally situated, offering an exceptional combination of space, versatility, and convenience. The home features generous living areas and a spacious kitchen, creating a comfortable and inviting setting for everyday living and entertaining. Recently remodeled with fresh interior paint and new carpeting, the property offers a clean, refreshed, and move-in-ready feel. A standout feature is the separate living space with its own private entrance, providing added flexibility for guests or additional living accommodations. The location is a true highlight, just minutes from SoFi Stadium, Downtown LA, and LAX, with convenient access to entertainment, dining, and shopping. With its prime location, desirable corner-lot setting, spacious layout, recent upgrades, and versatile living space, this property offers a unique opportunity in a highly convenient area.

1319 E 75th Street, Los Angeles

$750,000

IG26194749 MLS ⋅ Active Status

Welcome to this beautifully maintained duplex in the heart of Los Angeles! Nestled on a charming, well-kept street where pride of ownership is evident throughout the neighborhood, this property offers a wonderful opportunity for both homeowners and investors. The spacious front unit features 3 bedrooms and 1 full bathroom, along with a comfortable living room, separate dining room, kitchen, dedicated laundry room, and a private backyard area complete with a lovely garden—perfect for relaxing or entertaining. The rear unit offers 2 bedrooms and 1 bathroom, its own laundry room, and additional storage space within the garage. Adding even more value is the exciting potential for additional living space. The garage associated with the rear unit is currently being used for storage and already has plumbing in place, offering the possibility of converting the space into an additional unit or ADU, subject to city requirements, zoning, permits, and buyer verification. This could create an opportunity to transform this duplex into a three-unit income-producing property. Whether you're looking to live in one unit and rent the other, accommodate extended family, or expand your investment portfolio, this property offers flexibility, character, and tremendous potential in a desirable Los Angeles location.

7715 Whitsett, 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.

90001 Homes under $2 million

Newest 90001 Homes under $2 million

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