90007 Homes under $1.25 million

Welcome to the vibrant and diverse community of Los Angeles, California, specifically the dynamic 90007 zip code! Nestled in the heart of Los Angeles County, this area is not just a place to live; it’s a lifestyle filled with culture, convenience, and charm.

The 90007 zip code is home to a rich tapestry of neighborhoods, offering an array of amenities that cater to every lifestyle. From trendy cafes and eclectic shops to beautiful parks and cultural landmarks, residents enjoy a perfect blend of urban excitement and suburban tranquility. The proximity to downtown Los Angeles means that whether you’re commuting for work or exploring the city's renowned arts scene, everything you need is just a stone’s throw away.

For those seeking affordable housing options, you’ll be pleased to discover that homes in this area are available for under $1.25 million. This price point opens the door to a variety of charming residences, including historic bungalows, modern condos, and spacious family homes, all ready to welcome you. With a range of styles and sizes, there’s something to fit every taste and budget.

Investing in a home in the 90007 zip code not only provides you with a beautiful place to live but also places you in a thriving community that’s rich in history and opportunities. Whether you’re a first-time homebuyer or looking to upgrade, the 90007 area offers a unique blend of affordability and accessibility in the heart of Los Angeles. Explore your options and discover your dream home today!

Newest 90007 Homes under $1.25 million

$989,000

CV26223570 MLS ⋅ Active Status

BACK ON THE MARKET! This four-unit property features four one-bedroom, one-bath apartments, each with a kitchen, cabinetry, countertops, and a water heater. All units offer spacious bedrooms and are tenant-occupied, with 100% rent collection. Conveniently located two blocks from Adams Boulevard and approximately one mile from the USC campus. Potential for future rental income growth, subject to applicable rent-control regulations and allowable increases.

2221 Ellendale, Los Angeles

$799,000

PW26231829 MLS ⋅ Active Status

DELIVERED WITH ONE UNIT VACANT AT CLOSE OF ESCROW. Just under $5,850 monthly rental income. This 4-unit value-add asset is located within walking distance to USC and just minutes from the 10 Freeway, offering investors a strong rental location with long-term upside. The property is currently operating at a 6.10% cap rate and 11.40 GRM, with approximately 52% upside in rents. With one unit delivered vacant, a new owner has the opportunity to immediately renovate, lease at market, and begin capturing upside from day one. With a motivated seller, strong location fundamentals, and clear rental upside, this building is ready for a new owner to step in and take advantage of the long-term value-add opportunity.

1543 1/2 W 22nd, Los Angeles

$829,000

2 Beds ⋅ 2 Baths ⋅ WS26231354 MLS ⋅ Active Status

1/3 Block away from University Park area of USC. 2 Bedroom home in West Adams with a 1 and 1/4 baths, large Den, formal dining room, big pantry, large laundry area, 10 x 10 basement and a long driveway with a carport. 1,631 livable square feet on a 6,752 square feet lot. Owners, investors and/or builders can make a vivid imagination materialize on this Fixer on a big lot. Lots of potential on this fixer within a short walking distance to USC campus, Lucas Museum, Exposition Park, many Museums, LA Coliseum, LAFC soccer stadium, dining, shopping, entertainment, transportation and metro line.

1439 W 28th, Los Angeles

$1,099,900

9 Beds ⋅ 6 Baths ⋅ 26985163 MLS ⋅ Active Status

Pride of Ownership, Large Home, 9 bed, 5 1/2 bath, with converted garage for office or additional bedrooms. Turnkey with hardwood floors, lots of light. Plenty of parking. Inside USC 24 hour patrol security zone, walking distance to USC et al. Do not disturb. Showing by appointment only.

2909 S Catalina Street, Los Angeles

$1,100,000

2 Beds ⋅ 2 Baths ⋅ 26101637 MLS ⋅ Active Status

Featured in Dwell, The A.C. Tobias Residence: A designated Los Angeles Historic-Cultural Monument and a remarkable expression of early Arts & Crafts design. Designed in 1908 by the architectural partnership of George J. Webster and Neal Dow Barker as the personal residence of developer Archibald Clark Tobias, the home was built during Los Angeles' transformation from a landscape of orange groves and farmland into a growing metropolis. Today, it stands as an enduring example of the craftsmanship, materials, and thoughtful design that defined the era.Beyond the deep front porch, richly stained woodwork, leaded glass windows, box-beam ceilings, built-in cabinetry, and period lighting create a sequence of spaces defined by warmth, scale, and craftsmanship. Thick square columns frame the formal living and dining rooms, while a handsome brick fireplace flanked by built-in bookcases anchors the heart of the home. Throughout, original millwork and thoughtfully composed sightlines speak to the home's architectural pedigree. Over the years, the current owners have undertaken a stewardship-minded restoration that honors the home's historic character while enhancing daily living. The kitchen was thoughtfully reimagined with custom millwork cabinetry, African mahogany counters, a copper sink, unlacquered brass fixtures, vintage lighting, and a restored vintage refrigerator. Nearby, the laundry room was rebuilt with custom cabinetry, period-appropriate hardware, and the restoration of the home's original 1908 utility sink.The home's bathrooms offer a compelling dialogue between preservation and thoughtful evolution. A charming guest bath retains its vintage character with restored wood detailing and classic proportions, while the architect-designed primary suite introduces a beautifully executed en-suite bath whose materials and craftsmanship pay homage to the home's Arts & Crafts roots.Outside, drought-tolerant gardens, herringbone brick pathways, a rebuilt rear deck, and extensive infrastructure improvements reflect the same level of care found indoors. A detached studio provides flexible space for creative pursuits, a home office, fitness studio, or workshop.Ideally positioned near Exposition Park, USC Village, Mercado La Paloma and Michelin-starred Holbox, the residence enjoys convenient access to DTLA, Culver City, West Adams, and some of Los Angeles' most exciting cultural and culinary destinations. Trader Joe's, Whole Foods, neighborhood cafes, parks, museums like the Lucas Museum of Narrative Art, which is opening later this year and everyday conveniences are all within easy reach. Along with local favorites including Picala, Johnny's Pastrami, Highly Likely, Vicky's All Day, Cento, Cento Raw Bar, Alta, Damn I Miss Paris, Fleur et Sel, and Chulita. Outdoor enthusiasts will appreciate nearby Kenneth Hahn State Recreation Area, offering scenic hiking trails and panoramic views. Together, these amenities create a lifestyle that pairs historic architecture with the best of contemporary Los Angeles living.

2915 S Budlong Avenue, Los Angeles

2710 South Normandie Avenue, Los Angeles

$1,200,000

DW26215011 MLS ⋅ Active Status

Prime Investment Opportunity in Adams-Normandie | Near USC Located in the highly desirable Adams-Normandie neighborhood of Los Angeles, 2710 S. Normandie Avenue presents an excellent opportunity for investors and owner-occupants seeking a property in a prime location near USC. This multi-unit property features two separate buildings, offering a versatile layout with strong rental potential. The property consists of three units, including a spacious 4-bedroom, 2-bathroom front unit, a remodeled 1-bedroom, 1-bathroom upstairs unit, and a detached 1-bedroom, 1-bathroom rear unit. With additional potential for future development or expansion, subject to verification of zoning, permits, and applicable city approvals, this property offers an exciting opportunity to maximize its investment potential. Built in 1924, the property features approximately 2,928 square feet of building space on a generous 6,012-square-foot lot, zoned LA-R1.5. Enjoy convenient access to the University of Southern California, West Adams, Exposition Park, Downtown Los Angeles, Crypto.com Arena, L.A. LIVE, Metro E Line, major freeways, restaurants, shopping, and entertainment. A fantastic opportunity to own a property in a sought-after rental market with long-term investment potential.

2710 South Normandie Avenue, Los Angeles

$889,888

2 Beds ⋅ 1 Baths ⋅ DW26216972 MLS ⋅ Active Status

Welcome Home! Discover this charming and cozy property in the heart of Downtown Los Angeles, ideally located just a block and a half from the Santa Monica Freeway and San Pedro freeway. Its convenient location puts you close to some of Los Angeles’ most prominent landmarks, including Exposition Park, the Rose Garden, Los Angeles Memorial Coliseum, California Science Center, Natural History Museum, The Staple center, California African American Museum, and the USC campus. The main home features 2 bedrooms and 2 bathrooms, along with three additional bedrooms that may not be permitted. The property has been recently painted and features several cosmetic upgrades, making it a great opportunity for an owner-occupant, extended family, or investor. The property also includes a studio that may not be permitted, which is currently rented and provides additional potential rental income. Another great feature is the fully paid-off solar panel system, which will remain with the property—a valuable benefit for the next owner. The spacious backyard offers plenty of potential and may be ideal for building an ADU, subject to the appropriate permits, plans, and city approval. This creates an exciting opportunity to add value and potentially increase future rental income. Whether you're looking to expand your real estate portfolio, live in the property while generating rental income, or accommodate an extended family, this property offers plenty of possibilities. Don't miss this opportunity! Schedule your private showing today and come see the potential for yourself.

1460 W 23rd Street, Los Angeles

$1,250,000

14 Beds ⋅ 8 Baths ⋅ 26996775 MLS ⋅ Active Status

2717 S. Budlong Ave is an 8-unit property in University Park, offered at $1,250,000 with approx. 74% rental upside. Built in 1931, the property totals approx. 7,318 SF on a 7,775 SF lot and includes (6) 2-bdrm./1-bath units and (2) 1-bdrm./1-bath units. At $156,250 per unit and $171 per SF, the property is positioned at a relatively accessible basis for an 8-unit building this close to USC and Exposition Park. The 2-story building has the character of a vintage Spanish-style property, with mature landscaping, distinctive architectural details, and 8 on-site parking spaces at the rear. Six of the eight units are 2-bdrm. apartments, giving the property larger floor plans that can work well for roommates, students, or young families. Current monthly income totals approx. $9,569, compared with projected market income of approx. $16,610 per month. That difference represents approx. 74% rental upside, with projected market performance of a 10.87% CAP and 6.27 GRM. Located directly across from Elinor and Don Richardson Family Park, 2717 S. Budlong sits in a residential pocket of University Park approx. 1.1 miles from USC, USC Village, and Exposition Park. That places the property within a compact radius of campus employment, dining, retail, museums, sports, and cultural destinations including the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art. With USC, USC Village, and Exposition Park just over a mile away, 2717 S. Budlong sits close to a concentration of education, employment, culture, and activity that gives the property a meaningful connection to the surrounding area. The larger 2-bdrm. floor plans and substantial rental upside add to a property that feels both residential in character and well positioned for long-term income growth.

2717 S Budlong Avenue, Los Angeles

$969,000

5 Beds ⋅ 4 Baths ⋅ 26995147 MLS ⋅ Active Status

*Passive investment or partial owner occupied rental property opportunity* Two 1 bedroom, 1 bathroom units downstairs with a 3 bedroom, 2 bathroom unit upstairs. Located blocks away from the 110 freeway for easy access to Downtown LA.

1956 Magnolia Avenue, Los Angeles

$950,000

5 Beds ⋅ 2 Baths ⋅ 26985373 MLS ⋅ Active Status

First time on the market in over 20 years! Owned and enjoyed by the same family for over two decades, this rare investment opportunity is ideally located in the highly sought-after University Park neighborhood, just moments from USC. Built in 1903, this residence offers approximately 2,001 sq ft of living space on a 5,930 sq ft lot and is currently configured and used by the current owners as a 5-bedroom, 2-bath income-producing property. The property is currently tenant occupied and will be delivered vacant at the close of escrow. Spacious backyard offers potential for future projects, including a possible ADU or other improvements, subject to buyer verification and applicable approvals. Property is recorded as a single-family residence. Detached garage currently provides additional bonus space; buyer to verify permits, legal use, and all applicable approvals. Buyer to investigate all aspects of the property, including but not limited to permits, current use, rental income, square footage, zoning, development potential, and satisfy themselves through their own due diligence. Ideally located in University Park, one of Los Angeles's most established neighborhoods surrounding USC, with convenient access to Exposition Park, BMO Stadium, Downtown Los Angeles, restaurants, shopping, entertainment, and public transportation. An exceptional opportunity in one of Los Angeles's most desirable investment corridors.

1030 W 20th Street, Los Angeles

$1,050,000

8 Beds ⋅ 5 Baths ⋅ 26959483 MLS ⋅ Active Status

We are pleased to present a rare opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment located in the highly sought-after DPS Patrol Zone, just blocks from the University of Southern California (USC). This single-story wood frame and stucco building sits on a raised foundation, offering 2,597 SF of living space on a generous 7,430 SF lot. The property is fully occupied by USC students and currently generates $7,743/month in income, with approximately 50% upside in potential rents. The front single-family residence features 5 bedrooms and 3 bathrooms, generating $5,500/month in income. This home has undergone a complete, high-end remodel with over $150,000 in capital improvements-delivering a true turn-key investment. From the sleek, modern kitchen and designer bathrooms to the upgraded flooring, windows, systems, and fixtures, every detail has been thoughtfully executed for lasting appeal and minimal deferred maintenance. Two detached units at the rear of the lot round out the offering: a 1-bedroom, 1-bathroom unit ($975/month) and a 2-bedroom, 1-bathroom unit ($1,268/month). Priced at a strong current 7% cap rate, this is an exceptional cash-flowing investment with significant rent growth potential in one of USC's most in-demand rental submarkets-a compelling opportunity for investors seeking stable income today and meaningful upside tomorrow.

1475 W 28th Street, Los Angeles

$800,000

3 Beds ⋅ 2 Baths ⋅ 26882371 MLS ⋅ Active Status

Great Investors Delight! Builder, Developer or Owner-user, great opportunity to renovate and explore a duplex configuration, or investigate potential ADU. This is a Large two story house located in the University Park Neighborhood for a Large Family. This location is perfect for USC Students, room to entertain, private backyard fenced in and perfect for kids. This is a 3 bedroom, 2 baths including an added full bathroom without permits, den could be used as a fourth bedroom. Close to transportation. Submit All Offers!!!

1125 W 22nd 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.

90007 Homes under $1.25 million

Newest 90007 Homes under $1.25 million

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