90007 Homes with Two Levels Stories

90007 Homes with Two Levels Stories

Welcome to the vibrant zip code of 90007, located in the heart of Los Angeles, California. This bustling area is known for its rich cultural diversity, historical landmarks, and thriving real estate market.

Situated within Los Angeles County, 90007 offers residents a perfect blend of urban convenience and suburban charm. As part of the city of Los Angeles, it is surrounded by an array of amenities and attractions, including world-class dining, entertainment venues, and renowned educational institutions.

One of the notable features of the homes in this zip code is that they boast two levels, making them perfect for those seeking spacious and versatile living spaces. Whether you're looking for a cozy townhouse or a grand single-family residence, there are plenty of options available to suit your preferences.

Homes with two levels provide ample room for families, roommates, or those who simply desire extra space for work or leisure activities. With multiple floors, these properties often offer distinct areas for living, dining, and sleeping, allowing for a greater sense of privacy and functionality.

Furthermore, the two-level homes in 90007 offer a wide range of architectural styles, from traditional to contemporary, ensuring there is something to suit every taste and preference. With well-designed floor plans and thoughtful attention to detail, these properties provide a comfortable and inviting living environment.

If you're in the market for a home in the Los Angeles area and desire the convenience and flexibility of a two-level property, 90007 is an excellent choice. With its prime location and diverse real estate options, this zip code offers a wealth of opportunities for homeownership.

Newest 90007 Homes with Two Levels Stories

1375 W 37th Drive, Los Angeles
$1,425,000
11 Beds ⋅ 6 Baths ⋅ 26997821 MLS ⋅ Active Status
Welcome to 1375 W. 37th Drive, a high-performing student housing investment near the University of Southern California (USC), combining strong in-place income, a proven rental history, and additional upside. The property features 11 bedrooms and 6 bathrooms across two residences, along with 4 on-site parking spaces. The front residence is a renovated 4-bedroom, 2-bathroom home, while the rear 7-bedroom, 4-bathroom residence was built in 2018. Together, the two residences have been successfully operated as rent-by-the-room student housing, currently generating $12,255 per month and $147,060 annually, resulting in a 6.82% current cap rate. One of the property's strongest attributes is its rental track record, with total rental income increasing each of the past four years. The rent-by-the-room configuration has created a proven income stream while still offering additional upside through future rental growth and optimization of the existing bedroom configuration. Additionally, the property is located within the USC DPS Patrol Zone, providing an added benefit for student renters seeking housing near campus. With newer rear construction, a renovated front residence, four parking spaces, and an established history as a student rental, 1375 W. 37th Drive offers a compelling combination of current yield and future upside in the USC rental market, with convenient access to USC, USC Village, Exposition Park, and the Metro E Line.

1375 W 37th Drive, Los Angeles

2717 S Budlong Avenue, 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 two-story building has the character of a vintage Spanish-style property, with a landscaped street presence, mature greenery, distinctive architectural details, and 8 on-site parking spaces at the rear. Six of the eight units are 2-bdrm. apartments, giving the property a unit mix 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 supports approx. 74% rental upside, with projected market performance of a 10.42% 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 just over a mile from USC, USC Village, and Exposition Park. USC, USC Village, and Exposition Park are all approx. 1.1 miles away, placing campus employment, dining, retail, museums, sports, and major cultural destinations within a compact radius. Exposition Park includes the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art, while USC and USC Village bring year-round student, faculty, employment, and neighborhood activity to the surrounding area. 2717 S. Budlong Ave brings together a predominantly 2-bdrm. unit mix, substantial rental upside, and a location closely tied to both USC and Exposition Park. With current rents well below the market rents shown in the property's underwriting, there is also a clear path for income to grow over time.

2717 S Budlong Avenue, Los Angeles

1318 W 35th Place, Los Angeles
$1,350,000
7 Beds ⋅ 5 Baths ⋅ 26990815 MLS ⋅ Active Status
We are pleased to present 1318 W. 35th Place, a 3-unit student housing and redevelopment investment located within the prestigious DPS patrol zone and within walking distance to the Campus and USC Village. The property will be delivered 100% vacant, providing an investor with the flexibility to immediately renovate, reposition, lease, or redevelop the asset. The investment is situated on an approximately 6,803-square-foot LARD1.5-zoned lot and features three spacious residences totaling 7-bedrooms and 5-bathrooms across approximately 2,879 square feet. The unit mix consists of (1) 4-bedroom + 3-bathroom unit, (1) 1-bedroom + 1-bathroom unit, and (1) 2-bedroom + 1-bathroom unit. The property will be delivered 100% vacant and fully furnished, providing a new owner with a turnkey opportunity to immediately lease the units to USC students at market rents. Based on projected rents, the existing unit mix offers the potential to generate approximately $10,000 in monthly gross rental income following lease-up. The property offers convenient access to USC Village, Trader Joe's, Target, Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum, the California Science Center, dining, shopping, and the Metro E Line.With 100% vacant delivery, a flexible existing unit mix, strong projected rental potential, and multiple value-add and redevelopment strategies, 1318 W. 35th Place represents a compelling opportunity to acquire a well-located student housing investment in the highly desirable USC submarket. Please contact the listing agent for the financial analysis and executive summary.

1318 W 35th Place, Los Angeles

2220 Raymond, Los Angeles
$2,000,000
PW26203876 MLS ⋅ Active Status
TURNKEY SPANISH REVIVAL FOUR-UNIT | PRIME USC & DOWNTOWN LA LOCATION Exceptional opportunity to acquire a fully renovated four-unit Spanish Revival property dating back to 1923, strategically positioned approximately one mile from USC, Downtown Los Angeles, Crypto Center, LA Coliseum and cultural museams. Combining historic architectural character with extensive modern upgrades, this 4,864-square-foot multifamily property offers an attractive turnkey investment opportunity in a highly sought-after urban location. The property features four generously sized 2-bedroom, 1-bath units, each approximately 1,200 square feet. Every unit has been thoughtfully renovated with modern finishes and infrastructure, including new electrical wiring, new plumbing, a new roof, tankless water heaters, mini-split HVAC systems, Cat6 wiring, new lighting and fixtures, new cabinetry, and fresh interior and exterior paint. Each residence also offers its own dedicated laundry area with hookups for a stackable washer and dryer, providing an important amenity for today’s rental market. The spacious floor plans, modern systems, and individual unit amenities create a compelling combination of functionality and tenant appeal. A particularly valuable feature is the property’s approximately 10 rear parking spaces, complemented by additional street parking. The substantial off-street parking is an uncommon and highly desirable asset in this location. Situated on an approximately 6,750-square-foot lot, the property offers convenient access to USC, Downtown LA, major employment centers, dining, entertainment, transportation, and numerous urban amenities. Its proximity to major institutions and employment hubs makes this a compelling location for investors seeking a well-positioned multifamily asset. A rare opportunity to acquire a substantially renovated historic multifamily property offering scale, parking, modern infrastructure, and an exceptional location near one of Los Angeles’ most prominent educational, employment, and cultural centers.

2220 Raymond, Los Angeles

1273 W 36th Place, Los Angeles
$2,557,500
12 Beds ⋅ 12 Baths ⋅ 26989449 MLS ⋅ Active Status
Exciting opportunity to acquire a fully renovated AND 100% student-occupied ('26-'27), off-campus student housing 4plex. Located near the coveted University of Southern California's west side entrance on Downey Way, the property offers four spacious 3-bedroom, 3-bathroom units for a total of 12 bedrooms and 12 bathrooms, with each bedroom featuring its own private ensuite bath. This 3-bed/3-bath configuration is one of the most sought-after layouts in the student housing market as every resident gets a fully private bedroom and bathroom, eliminating the shared-bath friction. The moderate, four-unit scale strikes an ideal balance between privacy and community: small enough that residents aren't forced to share excessive common space or navigate conflict with a large roster of unfamiliar housemates. It's a layout that lets tenants control their own space while still having the option to connect with roommates, exactly the balance today's graduate and upper-undergrad student renters are actively seeking. Extensively renovated down to the studs in 2019, the building includes major upgrades to electrical, plumbing, drywall, flooring, kitchens, appliances, paint, lighting, and more delivering a modern, low-maintenance asset for the next owner. Interiors were thoughtfully designed for student living with generously sized bedrooms, built-in mirrored closets, large windows, modern vinyl-plank flooring, and functional shared living spaces that reinforce this privacy-meets-community appeal. Property amenities include fully gated premises, 24-hour exterior surveillance cameras, five assigned rear parking spaces with automatic gate access, a dedicated app-based laundry room for added income, and an owner/storage room for management supplies or potential tenant use. Upstairs units feature central heating and air conditioning, while downstairs units include mini-split systems in each bedroom and living area. All units are individually metered for gas and electricity, allowing future ownership flexibility to pass through utility costs or structure an attractive all-inclusive rent. The property has historically achieved 100% occupancy, supported by consistent demand for quality off-campus housing near USC and has been independently managed by the owners. New owners have the option to continue self-managing or contract one of many local student-housing management companies, and professionalize operations, optimize rents, and build on an already proven housing model. Additional upside includes approximately seven bedrooms that may function as doubles to help maximize rental income, plus potential by-right development of 2 to 3 additional units totaling an extra estimated 2,800 - 3,500 square feet. Minimal landscaping and low ongoing maintenance needs further support immediate cash-flow potential. Situated within the USC-DPS patrol zone, it is close enough for residents to walk, bike, or scooter to campus while remaining just outside the busiest corridors, this asset combines location, layout, renovations, and income upside in one of Los Angeles' most resilient student housing submarkets.

1273 W 36th Place, Los Angeles

1030 W 20th Street, 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

1287 W 37th Place, Los Angeles
$3,250,000
20 Beds ⋅ 11 Baths ⋅ 26914391 MLS ⋅ Active Status
We are pleased to present "The Bryce", a 9-unit, 20-bedroom student housing apartment complex located within the highly desirable Department of Public Safety (DPS) Patrol Zone, approximately one block West of the USC campus & Village. Built in 1965, the property sits on a 6,970 square foot lot with approximately 7,162 square feet of building area and offers 9 gated on-site parking spaces. The property is currently 100% leased and generates $25,000/month of gross income, comprised of $24,850 in scheduled rental income plus approximately $150 in laundry income, representing $300,000 in scheduled annual income. At the offering price, the investment provides an attractive 7.5% current cap rate and a 10.9x current gross rent multiplier (GRM). Approximately $500,000 has been invested in capital improvements for this property. The entire property has been extensively renovated with improvements that include updated kitchens, bathrooms and bedrooms; copper plumbing upgrades; electrical system improvements; double-pane windows; new vinyl plank and tile flooring; new tubs, vanities, mirrors and doors; and updated interior and exterior paint. Additional property improvements include new security camera systems, automated entry gates, repaved and restriped parking areas, and completed seismic retrofits associated with tuck-under parking. The units feature in-unit washers and dryers, and wall-mounted televisions. Tenants are responsible for their utilities, helping to minimize landlord operating expenses. The unit mix consists of (1) studio unit, (3) 2-bedroom +1-bathroom units, (2) 2-bedroom + 2-bathroom units, and (3) 3-bedroom + 1-bathroom units, offering a diversified layout mix suited to a range of student housing preferences.

1287 W 37th Place, Los Angeles

1216 W 37th Place, Los Angeles
$15,495,000
91 Beds ⋅ 40 Baths ⋅ 26913893 MLS ⋅ Active Status
We are pleased to present The 37th Place Portfolio, a rare opportunity to acquire a five-building, 36-unit, 91-bedroom USC student housing portfolio located within the highly desirable Department of Public Safety (DPS) Patrol Zone, approximately one block west of the USC campus. The portfolio is currently 100% leased for the 20262027 academic year and generates $106,607 in monthly gross income, representing $1,279,284 in scheduled annual income. At the offering price, the portfolio provides an attractive 6.5% current cap rate and a 12x current gross rent multiplier. These strong in-place operating metrics offer investors immediate cash flow from a stabilized student housing portfolio in one of Southern California's most supply-constrained rental markets. Approximately $2.5 million has been invested in capital improvements throughout the portfolio. The entire portfolio has been extensively renovated with improvements that include updated kitchens, bathrooms and bedrooms; copper plumbing upgrades; electrical system improvements; double-pane windows; new vinyl plank and tile flooring; new tubs, vanities, mirrors and doors; and updated interior and exterior paint. Additional property improvements include new security camera systems, automated entry gates, repaved and restriped parking areas, and completed seismic retrofits associated with tuck-under parking.Approximately 90% of the units feature in-unit washers and dryers, approximately 20% are furnished for immediate student occupancy, and units include wall-mounted televisions. Tenants are responsible for their utilities, helping to minimize landlord operating expenses. The portfolio offers a highly functional and spacious unit mix consisting of (1) studio, (1) one-bedroom unit, (15) two-bedroom units, (17) three-bedroom units and (2) four-bedroom units. This diversified configuration is designed to accommodate a broad range of student housing preferences while maximizing the portfolio's 91-bedroom capacity. The portfolio is comprised of five properties located along West 37th Place: 1216 W. 37th Place, 1222 W. 37th Place, 1229 W. 37th Place, 1234 W. 37th Place, & 1287 W. 37th Place. Each of the buildings provide gated on-site parking, and there's approximately 20% upside in potential rents. The 37th Place Portfolio offers residents exceptional proximity to USC's academic buildings, athletic facilities, dining, entertainment and campus amenities. The properties are also conveniently located near Exposition Park, the Los Angeles Memorial Coliseum, L.A. Live, Crypto.com Arena and Downtown Los Angeles.With significant completed capital improvements, strong in-place income, full occupancy for the 20262027 academic year and an irreplaceable location within the DPS Patrol Zone, The 37th Place Portfolio represents a compelling opportunity to acquire a turnkey student housing investment of meaningful scale adjacent to USC.

1216 W 37th Place, 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.