90007 Real Estate

90007 Real Estate

Welcome to the vibrant zip code of 90007 in Los Angeles, California! This area is nestled in the heart of the city, offering a unique blend of urban convenience and cultural diversity.

As part of Los Angeles County, 90007 is known for its rich history, bustling neighborhoods, and thriving real estate market. Home to the University of Southern California (USC), this zip code is a hub for education, innovation, and entertainment.

The real estate in 90007 is as diverse as its residents. You'll find a mix of charming historic homes, modern apartments, and student housing options. Whether you're a young professional looking for a trendy loft or a family in search of a spacious single-family home, there's something for everyone in this vibrant community.

Beyond its residential appeal, 90007 offers a plethora of amenities and attractions. Explore the vibrant Exposition Park, which is home to the Natural History Museum, the California Science Center, and the Los Angeles Memorial Coliseum. Enjoy a day of shopping and dining at the nearby LA Live entertainment complex or take a stroll through the beautiful campus of USC.

With its central location and easy access to major freeways, 90007 provides excellent connectivity to the rest of Los Angeles. Whether you're commuting to Downtown LA, Hollywood, or the beach, you'll find convenient transportation options to suit your needs.

If you're looking for a dynamic neighborhood with a rich cultural tapestry, 90007 is the place to be. Experience the best of Los Angeles living in this vibrant zip code!

Newest Listings in 90007

$1,600,000
11 Beds ⋅ 11 Baths ⋅ 26863481 MLS ⋅ Active Status
We are pleased to present 2127 Portland Street, an 11-bed USC student housing asset located less than one mile from USC Village and within the USC Department of Public Safety patrol zone. The offering consists of two separate structures on a 6,152 square foot lot: a large-format 7 bedroom / 7 bathroom main house and a newer townhome-style 4 bedroom / 4 bathroom ADU at the rear. The main house was taken down to the studs and fully renovated with new mechanical, electrical, and plumbing systems behind a classic North University Park facade. The rear ADU is newer construction built to current code. A buyer acquires renovated and new-build product without new-construction pricing, and without the deferred maintenance that typically comes with a pre-war USC rental. Seven-bedroom floor plans are scarce in the USC submarket and draw stronger rents from fraternities, sororities, athletic teams, and returning friend groups that need a full house under one lease. The 4+4 ADU serves the opposite end of the demand curve: individual students, graduate students, and young professionals who want newer, private, apartment-style living. Ownership can lease the property one group at a time, by the bed, or both, and can adjust that strategy every leasing season without a capital event. At $1,600,000, the pricing equates to $145,455 per bed and $430.69 per square foot, meaningfully below replacement cost for comparable new student housing product. Current rents of $8,200 per month on the main house and $5,000 per month on the ADU, plus $1,100 per month in utility income, produce $171,600 of scheduled gross income and $112,103 of net operating income, reflecting a 7.01 CAP and a 9.32 GIM on in-place numbers. USC Village sits less than a mile away and anchors the neighborhood commercially. The $700 million development delivered a Target, a Trader Joe's, and roughly 15 restaurants across 115,000 square feet of ground-floor retail, alongside 2,700 student beds and a 30,000 square foot fitness center. Tenants walk to groceries, dining, banking, and pharmacy without a car. The Harbor Freeway (110) is minutes away with on-ramps at Adams Boulevard, and the Santa Monica Freeway (10) sits just north of the property. The Metro E Line's LATTC/Ortho and Jefferson/USC stations serve North University Park with trains every 8 to 10 minutes during the day, putting Downtown employment centers roughly three miles north within reach of graduate students, medical residents, and recent graduates. The main house is a legal single-family residence and can be repositioned as a conventional owner-user or luxury single-family rental at any point, with the ADU providing separate income or family housing, so ownership retains the option to exit into the single-family market rather than only the student housing market. Separately, under the One Big Beautiful Bill Act, which permanently restored full first-year expensing for qualifying assets acquired after January 19, 2025, a buyer can pair a cost segregation study with accelerated depreciation to immediately deduct the short-life components of both structures. Given the extent of the recent renovation and the newer rear structure, that allocation is likely to be substantial.

2127 Portland Street, Los Angeles
$675,000
2 Beds ⋅ 1 Baths ⋅ SR26151390 MLS ⋅ Active Status
Corner property located near major college of USC. Large Avocado Tree located in front yard.

3525 RAYMOND, Los Angeles
$1,350,000
10 Beds ⋅ 7 Baths ⋅ 26858661 MLS ⋅ Active Status
Welcome to 1420-1422 W. 22nd Street, a turnkey student housing investment located within the USC DPS Patrol Zone, just minutes from the University of Southern California (USC). The property consists of a substantially renovated front residence and a newly constructed rear ADU, offering a total of 10 bedrooms, 7 bathrooms, 6 on-site parking spaces, and a strong 7.61% cap rate. The front residence at 1420 W. 22nd Street has undergone extensive permitted improvements, including updated plumbing, electrical systems, and fully permitted bathroom renovations, and is configured as a 5-bedroom, 4-bathroom residence. Complementing the property is the newly constructed rear residence at 1422 W. 22nd Street, completed in 2024 and thoughtfully designed as a 5-bedroom, 3-bathroom ADU featuring modern construction, high-quality finishes, and minimal future capital expenditure. The entire exterior was also upgraded in 2024 with new hardscape and paving, creating an attractive, low-maintenance environment that enhances both curb appeal and tenant appeal. The property's efficient layout, modern improvements, and proximity to USC make it well suited for rent-by-the-room student housing, offering immediate cash flow in one of Los Angeles' strongest rental markets. Conveniently located near USC, USC Village, Exposition Park, and the Metro E Line, the property benefits from exceptional student housing demand driven by its walkable location and close proximity to campus. Buyer to verify all permits, square footage, and property information to their own satisfaction.

1420 W 22nd Street, Los Angeles
$1,195,000
5 Beds ⋅ 5 Baths ⋅ 26857791 MLS ⋅ Active Status
We are proud to present 2750 Raymond Avenue, a one of a kind 5-bedroom + 5-bathroom Craftsman residence spanning approximately 3,104 square feet on an oversized 7,246 square foot lot. Built in 1908 by Naldo Francis Stokes, the Maly-Smith Residence is a rare Swiss Chalet-style Craftsman offering gracious, spacious living across three levels. Inside, discover exposed wood beams, original built-ins, and a sculptural red brick fireplace anchoring the living room. The entryway and staircase showcase Old World mortise-and-tenon joinery, a nod to the Japanese influence on early California Craftsman design. Period charm continues throughout the home, from the expansive covered front porch and formal dining room to a library/den with a ceramic fireplace surround and multiple enclosed sleeping porches. A California basement and sunlit attic (not included in the listed square footage) offer flexible bonus space, ideal as a studio or private office. The home has been thoughtfully updated with a new roof, electrical, and plumbing, along with fresh California native and drought-tolerant landscaping, blending historic character with modern livability. This property also presents a compelling opportunity for a savvy owner: the home may qualify for the property-tax-saving Mills Act designation, and the advantageous LARD2 zoning opens the door to exploring additional structures on the lot (buyer to verify). There is an existing shed towards the back of the lot, which has potential to be converted to an ADU. Ideally located within the USC DPS patrol zone, 2750 Raymond Avenue offers convenient access to Downtown LA and major entertainment and sports destinations, including the USC Coliseum, BMO Stadium, and the Expo Line.

2750 Raymond Avenue, Los Angeles
$1,175,000
IV26146775 MLS ⋅ Active Status
Excellent duplex opportunity in the heart of Los Angeles! Located at 1503 W. Adams Blvd, this income-producing property features two spacious units, each offering 3 bedrooms and 2 bathrooms. Ideal for an owner-user looking to live in one unit and generate rental income from the other or for an investor seeking a strong income-producing property in a high-demand area. Both units offer generous open-concept living and dining areas, functional kitchens with ample cabinet and countertop space, and well-sized bedrooms. Recent updates include refreshed interior paint, modern neutral finishes, updated lighting, and attractive flooring that creates a bright and inviting feel throughout. The property also features a long driveway leading to four parking spaces and storage shed. Each unit also features its own indoor washer and dryer hookups, providing added comfort and functionality for tenants or owner-occupants. Centrally located with easy access to shopping, dining, schools, parks, public transportation, and major freeways, this property offers convenience and excellent rental appeal. Don't miss this fantastic opportunity to own a versatile duplex in a prime Los Angeles location!

1503 W Adams, Los Angeles
$1,379,000
5 Beds ⋅ 3 Baths ⋅ NP26147567 MLS ⋅ Active Status
Extensively renovated property offering a 4-bedroom, 2-bath front residence plus a detached 1-bedroom, 1-bath ADU, providing flexible living and investment potential. The front home underwent a complete renovation in 2024, featuring new vinyl flooring, fresh interior and exterior paint, remodeled kitchen with new cabinetry and appliances, updated bathrooms with new plumbing, recessed lighting, new light fixtures, new doors, new HVAC system with A/C, tankless water heater, whole-house water filtration system, reverse osmosis drinking water system, new roof, and updated windows. All kitchen appliances are included. The detached ADU features a full kitchen with refrigerator and stove, in-unit washer and dryer, new heating system, new roof, new windows, and private living space ideal for rental income, guests, or multigenerational living. The gated property also offers a widened and repaved driveway with parking for approximately 8–10 vehicles, an automatic security gate, four exterior solar-powered Ring cameras, and hardwired CCTV at the ADU. Energy-efficient improvements throughout, with approximately two years remaining on the HVAC warranty. Located in the University Park neighborhood near USC, the property is within the USC Patrol Zone and USC Lyft Zone, with convenient access to USC Village, Ralphs, BMO Stadium, the Los Angeles Memorial Coliseum, the Natural History Museum, Crypto.com Arena, LA Live, the I-10 and I-110 freeways, and numerous shopping, dining, and entertainment destinations. This unique property offers the flexibility to live in one residence while utilizing the second unit for rental income or extended living arrangements. Buyer to verify all permits, square footage, lot size, zoning, and intended use.

1452 W 22nd, Los Angeles
$2,975,000
46 Beds ⋅ 39 Baths ⋅ 26855605 MLS ⋅ Active Status
We are pleased to present 1177 W. 37th Place, a fully entitled, ready-to-issue (RTI) ground-up student housing development located half a block from the University of Southern California. This is a rare opportunity for a developer or investor to acquire a shovel-ready, permit-in-hand project in one of Los Angeles' most supply-constrained and consistently performing rental submarkets, and to build and hold a brand-new, income-producing asset in the heart of the USC rental corridor. The current ownership has already carried the project through the time-consuming, capital-intensive, and risk-laden work of design, civil and structural engineering, full construction documents, plans, permits, and city approvals to a ready-to-issue status. An incoming buyer effectively steps in at the finish line of the entitlement process: this work is already complete, eliminating an estimated 12 to 18+ months of entitlement timeline and the associated discretionary risk. The buyer simply pulls permits and breaks ground. The approved plans, prepared by California Development & Design Inc., deliver a five-story, 19,900 GSF building - four levels of Type V-A residential over a Type I-A podium with ground-level parking and a residential lobby - comprising seven residential units plus a multi-level ADU (eight units total), 46 bedrooms and 39 bathrooms, purpose-built for a rent-by-the-bedroom student-housing model. The building is fully sprinklered (NFPA-13) and topped by a rooftop open space, and it additionally benefits from on-site parking income and a low-income housing subsidy component, diversifying the income stream beyond bedroom rents alone. On the economics, a developer acquires the RTI site at $2,975,000 and completes construction for an estimated all-in basis of roughly $8.85M - construction of approximately $5.09M plus financing and remaining costs. At stabilization, 46 bedrooms leasing at approximately $1,500 per bed, together with parking and subsidy income, generate approximately $860,400 of gross income and approximately $599,690 of net operating income, supporting a projected stabilized value of $10,000,000 at a 6.0% cap (12.1x GRM). That represents approximately $1.15M of value created over total cost and a ~6.8% return on cost, comfortably above prevailing market cap rates, with meaningful additional upside through refinance, rent growth, and a long-term hold.

1177 W 37th Place, Los Angeles
$2,138,000
AR26142196 MLS ⋅ Active Status
The Best Location Location Location for Value-add USC off Campus Ten (10) bedroom + Ten (10) bathroom Student Housing investment opportunity, located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students Combined with parental guarantees on leases. The property is currently master leased to a reputable Property Management company until July 31, 2026. Managing Company is Currently collecting gross rents of around $15,170/month. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LAR4, more potential. The subject property is composed of two (2) separate buildings, with two (2) 3-bedroom + 3-bathroom units in the front - 1213 - 1215 W. 24th St, and a 4-bedroom + 4-bathroom brand-new ADU in the back - 1213 1/2 W 24th St. The property's front unit was updated and remodeled in 2021, and features brand new flooring, brand new plumbing/electrical, updated roof, quartz countertops, stainless steel kitchen appliances, new bath rooms, tiled showers with glass enclosures, and new in-unit washer & dryers. The back unit is a brand-new ADU recently constructed and completed in 2021 and features the same high-end finishes as the front unit, essentially delivering a brand new low maintenance properties to any buyer. The investment boasts spacious floor plans, secured gated entry, and on-site laundry. The property is approximately 3167 s.f., 5873 s.f. lot. This property has charming turn of the century details that you will adore. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. Don't miss!

1213 W 24th, Los Angeles
$2,450,000
AR26141332 MLS ⋅ Active Status
If you know USC, you know this is truly Best Location Ever!! Not only the Location, but also the Lot size almost 9000 s.f.!!! Soo rare to find! ADU possibility!! Buyer to verify!! This is Both Investors' and Students' dreaming location for Value-add USC off Campus Student Housing Investment Opportunity! Must check out this location!!! Only 2 blocks away North of USC village, mins walking to USC!!! Located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students with parental guarantees on leases, and all rooms pre-leased for the upcoming 2026-2027 school year with USC students already. Currently collecting gross rents of $12,500/month which is way not high enough at that location due to seller's limited time on managing. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LARD1.5, possibility building more units and/or ADU in the back huge yard! The property is approximately 3572 s.f., 8712 s.f. lot, 13 bed, 8 bath, living rooms, and on-site laundry room...This property has charming turn of the century details that you will adore. As a bonus, this Property offers about 8 PRIVATE PARKING SPACES which are the the students favorites. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property should be collecting gross rents around $18K/month, then GRM should be around 9. Don't miss !

1188 W 28th, Los Angeles
$3,498,000
44 Beds ⋅ 44 Baths ⋅ 26852685 MLS ⋅ Active Status
We are pleased to present 1158 W. 37th Place, a fully entitled, ready-to-issue (RTI) ground-up student-housing development located less than half a block from the University of Southern California. This is a rare opportunity for a developer or investor to acquire a shovel-ready, permit-in-hand project in one of Los Angeles' most supply-constrained and consistently performing rental submarkets, and to build and hold a brand-new, amenity-rich asset in the heart of the USC rental corridor. Critically, the current ownership has already invested approximately $800,000 into the project's soft costs, including architectural design, full construction documents, civil and structural engineering, plans, permits, city fees, and holding costs, carrying the project all the way through to a ready-to-issue status. An incoming buyer effectively steps in at the finish line of the entitlement process: the time-consuming, capital-intensive, and risk-laden work of design and city approvals is already complete, eliminating an estimated 12 to 18+ months of entitlement timeline and the associated discretionary risk. The buyer simply pulls permits and breaks ground. The approved plans deliver a six-story, 24,137 GSF building (5-over-1, Type III-A over a Type I-A concrete podium) comprising seven residential units plus a multi-level ADU - 44 bedrooms and 44 bathrooms - purpose-built for a rent-by-the-bedroom student-housing model. By design, the project carries zero on-site parking under its TOC density-bonus entitlement, maximizing rentable area and lowering construction cost per buildable foot. The building was engineered for maximum profitability, sustainability, and tenant comfort as an intended owner-operated, long-term hold, and delivers a full amenity package: a fitness center, elevator, Parcel Pending package lockers in the lobby, a rooftop recreation deck with fire pit and BBQs, and secured bicycle parking. On the economics, a developer acquires the RTI site at $3,498,000 (inclusive of the ~$800,000 of completed entitlement work) and completes construction for an estimated all-in basis of roughly $8.88M - construction of $4.83M plus financing and remaining soft costs. At stabilization, 44 bedrooms leasing at approximately $1,500 per bed generate ~$792,000 of gross income and ~$636,079 of net operating income, supporting a projected stabilized value of $10,000,000 at a 6.36% cap (12.6x GRM). That represents approximately $1.12M of value created over total cost and a ~7.2% return on cost, comfortably above prevailing market cap rates, with meaningful additional upside through refinance, rent growth, and a long-term hold. Positioned within the USC rental corridor and the USC Department of Public Safety (DPS) 24/7 patrol area, 1158 W. 37th Place pairs premium, year-round, frequently parental-guaranteed student demand with a fully approved, permit-ready plan. For a developer or long-term investor, it is a rare chance to capture both the entitlement value already created and the durable, high-yield cash flow of a brand-new core asset. Located just steps from the USC campus and minutes from the Los Angeles Coliseum and BMO Stadium, this site puts world-class sports and entertainment right at your doorstep, from USC Trojans football to LAFC and Angel City FC. The opportunity grows even larger in 2028, when Los Angeles hosts the Summer Olympics (July 14) and the neighboring Coliseum takes center stage as the home of the Opening and Closing Ceremonies and Olympic track and field, becoming the first venue in history to host three Olympic Games. With the Metro E Line and rapid-transit options close by, this is a rare chance to own in one of the city's most dynamic and sought-after neighborhoods, positioned to thrive both today and under the global spotlight of 2028.

1158 W 37th Place, Los Angeles
$1,290,000
260015608SD MLS ⋅ Active Status
Positioned in the heart of Los Angeles’ University Park district, 1276 W 22nd Street presents a rare opportunity to acquire a large 4-unit multifamily property offering 3,700 square feet of living area and strong long-term growth potential. Originally built in 1905, this charming historic structure blends architectural character with modernized improvements, including recently replaced mini-split air conditioning systems that reduce maintenance costs and improve tenant appeal. Each unit enjoys functional layouts, and the property includes a dedicated laundry room with washer and dryer, plus six on-site parking spaces, a valuable commodity in this high-demand urban corridor. The location is a true driver of sustained rental performance. Situated just minutes from the University of Southern California (USC) which is home to over 40,000 students and steps from Exposition Park, the Natural History Museum, and the LA Memorial Coliseum, this property benefits from constant housing demand from students, faculty, and working professionals. The Expo Line light-rail station is within close distance, connecting residents directly to Downtown LA and Santa Monica, while the nearby I-10 Freeway provides fast access across the city. For investors, this property represents an excellent opportunity to stabilize, reposition, or hold for steady cashflow in one of Los Angeles’ most supply-constrained rental markets. With strong underlying land value, historic charm, and transit-oriented proximity to major employment and education hubs, 1276 W 22nd Street offers both immediate income potential and long-term upside in a neighborhood poised for continued growth.

1276 W 22nd St, 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
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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.