90011 Homes under $2 million

90011 Homes under $2 million

Welcome to the vibrant neighborhood of 90011, nestled in the heart of Los Angeles, California! This dynamic area is rich in culture, history, and a diverse community that truly embodies the spirit of Southern California. Known for its eclectic mix of residential options, 90011 offers an array of homes under $2 million, making it an attractive choice for first-time buyers, families, and investors alike.

The housing landscape in 90011 is characterized by charming single-family homes, modern duplexes, and cozy bungalows, all reflecting the unique architectural styles that Los Angeles is famous for. With a budget of under $2 million, you can discover properties that not only meet your needs but also offer the potential for growth and appreciation in this bustling market.

Living in 90011 means you’re just a stone's throw away from some of LA's most beloved attractions, including the iconic downtown area, bustling markets, and lush parks. The neighborhood is well-connected by public transportation, making commuting a breeze for those who work in the greater Los Angeles area.

Families will appreciate the proximity to reputable schools and community centers, while food enthusiasts can indulge in a diverse culinary scene that reflects the rich cultural tapestry of the area.

Whether you're looking for a cozy retreat or a vibrant community to call home, 90011 offers an abundance of possibilities. Explore your options today and discover the charm and convenience of living in one of Los Angeles' most exciting neighborhoods!

Newest 90011 Homes under $2 million

4200 Zamora, Los Angeles
$524,000
2 Beds ⋅ 1 Baths ⋅ CV26230192 MLS ⋅ Coming Soon Status

4200 Zamora, Los Angeles
204 E 51st, Los Angeles
$669,900
3 Beds ⋅ 3 Baths ⋅ DW26229709 MLS ⋅ Active Status
Beautifully remodeled 3-bedroom, 2-bath home in Los Angeles featuring modern updates and a comfortable, functional layout. The property includes a versatile bonus single with additional storage space behind it, offering flexibility for guests, a home office, or extended family. Additional highlights include a private driveway for convenient parking and a backyard perfect for outdoor gatherings and entertaining. A great opportunity to own a move-in-ready home with added space and versatility in Los Angeles.

204 E 51st, Los Angeles
1325 E Adams Boulevard, Los Angeles
$1,025,000
7 Beds ⋅ 6 Baths ⋅ 26104106 MLS ⋅ Active Status
Huge ~275k Price Reduction! 6-unit value-add building with 12 parking spaces priced at only $170k/unit and cash flowing at a 6.75% Cap Rate from day 1 with upside to an 11% Cap on Proforma! Fully Approved RTI plans to add 6 detached ADUs to achieve an incredible 12.7% Current Cap Rate, 15.5% Proforma Cap, and only $141k/unit after taking into account all the construction costs (~670k assuming $250/SF). 3 units have been renovated and boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, newer roof, new windows for all units, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime location just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, and Exposition Park where 2028 Olympics will be held!

1325 E Adams Boulevard, Los Angeles
626 E 51st, Los Angeles
$850,000
SB26226564 MLS ⋅ Active Status
8.30% Current Cap Rate!! 626 E 51st St presents an attractive opportunity to acquire a 5-unit multifamily investment property in Los Angeles, offered at $850,000. The property delivers a compelling 8.30% current cap rate and 7.38 GRM, with pro forma rents indicating an 18.84% increase in scheduled income and meaningful potential for enhanced returns. Built in 1911, the property encompasses approximately 3,265 SF of building area on a 4,680 SF lot, equating to approximately $260/SF. The unit mix consists of (1) 1 Bed/1 Bath, (3) 2 Bed/1 Bath, and (1) 3 Bed/1 Bath units, complemented by 4 on-site parking spaces. Ideally situated in Los Angeles, CA 90011, the property benefits from proximity to major employment centers, established retail corridors, and public transportation. Its diverse unit mix, attractive in-place returns, and rental upside make it a compelling opportunity for investors seeking strong cash flow with additional value-add potential.

626 E 51st, Los Angeles
554 E 36th Street, Los Angeles
$425,000
4 Beds ⋅ 2 Baths ⋅ 26103143 MLS ⋅ Active Status
Two story duplex in the heart of Los Angeles. units are 554 and 554 1/2 36th Street. Rents are $2,000 and $1,400. Rents have not been raised in may years. Upside potential.

554 E 36th Street, Los Angeles
1321 E Adams, Los Angeles
$1,200,000
DW26219668 MLS ⋅ Active Status
EXCELLENT INVESTMENT TO RENT THEM OUT OR TO LIVE AND PAY PENNIES

1321 E Adams, Los Angeles
324 E 55th, Los Angeles
$629,000
4 Beds ⋅ 2 Baths ⋅ SR26222593 MLS ⋅ Active Status
Welcome to this charming South Los Angeles Home with space, character & endless Potential! This property presents an exciting opportunity for homeowners and investors alike! Step inside to a bright, welcoming living room, where natural light, fresh interior paint, and brand new attractive laminate flooring create a warm and inviting first impression. To the left, discover a charming dining area and kitchen featuring classic white cabinetry, generous countertop space and ample storage. There is plenty of potential to bring your design vision to life in this galley style kitchen. To the right of the living room, a hallway leads you through the heart of the home, beginning with a comfortable first bedroom. Continue past the first bathroom to discover convenient built-in storage and two additional bedrooms, each offering flexibility for family, guests, or a home office. Through the third bedroom, a separate hallway reveals a convenient exit to the backyard, a second bathroom, and a spacious fourth bedroom tucked away at the rear of the home. This more secluded setting provides added privacy and versatility, making it ideal for a primary retreat, guest quarters, in-laws, investment potential or a dedicated workspace. Step outside to enjoy refreshed landscaping, a long driveway offering off-street parking, and a spacious backyard ready to be transformed into your personal outdoor oasis. Imagine weekend barbecues, an inviting entertainment area, lush gardens, or exploring future improvements, including potential ADU opportunities (buyer to verify with the city). Conveniently situated near South Los Angeles Wetlands Park, USC, Exposition Park, Downtown Los Angeles, shopping, dining, and the Metro A Line, this home offers accessibility to everyday conveniences and popular destinations. Whether you're a homeowner looking to create your dream space or an investor seeking a property with value-add potential, 324 E 55th Street offers the space, flexibility, and possibilities to make your vision a reality!

324 E 55th, Los Angeles
134 E 31st Street, Los Angeles
$925,000
PW26221449 MLS ⋅ Active Status
3 BEDROOM 2 BATH UNIT VACANT AT COE, offering a new owner the opportunity to OWNER OCCUPY the unit or lease it while benefiting from income generated by the remaining units. Including the pro forma rent for the vacant 3-bedroom unit, the property generates just under $7,000 in monthly rental income. 134 E 31st Street is a 4-unit multifamily opportunity featuring a unit mix of (1) 3+2, (2) 2+1, and (1) 1+1. The remaining units are occupied by long-term tenants, providing dependable in-place income and stability from day one. This creates an attractive balance of reliable current cash flow, immediate lease-up potential, and long-term rental upside as units turn over over time. Located just east of USC and Exposition Park, the property benefits from proximity to Downtown Los Angeles, major employment centers, transit, the LA Memorial Coliseum, BMO Stadium, the California Science Center, and other major destinations. Its central location, established tenancy, and immediate vacancy make 134 E 31st Street a compelling opportunity for both investors and owner-users seeking long-term value in Los Angeles.

134 E 31st Street, Los Angeles
4451 Crocker Street, Los Angeles
$599,000
4 Beds ⋅ 2 Baths ⋅ 26999973 MLS ⋅ Active Status
Single-Family Home + Permitted ADU | Great Investment Opportunity!Fantastic opportunity to own two homes on one lot in Los Angeles! The front residence features 3 bedrooms and 2 bathrooms and will be delivered vacant, perfect for an owner-occupant. The separate, permitted rear ADU offers 1 bedroom and 1 bathroom and will be delivered tenant-occupied, providing potential rental income from day one. With a total of 4 bedrooms and 3 bathrooms, this property offers excellent flexibility for homeowners and investors alike. Don't miss this opportunity to own a property with income potential in Los Angeles!

4451 Crocker Street, Los Angeles
259 E 41st Place, Los Angeles
$1,900,000
15 Baths ⋅ 26997915 MLS ⋅ Active Status
259 E 41st Place is a 15-unit multifamily property in South Los Angeles, offered at $1,900,000, or $126,667 per unit. Built in 1947, the property totals approx. 4,828 SF, including the ADU, on a 6,551 SF street-to-street lot and is comprised of studio units. Buyer to verify building and ADU square footage. At current rents, the property performs at a 7.27% CAP and 8.11 GRM, giving a buyer a strong in-place return from day one. The property presents as a well-kept multifamily building centered around a broad paved courtyard, mature hedges and palm landscaping, and a clean stucco exterior. The street-to-street lot gives the building a more open layout, while the common areas appear clean and well maintained. 259 E 41st Place features a mix of functional studios and more recently updated units with wood-style flooring, refreshed kitchens and bathrooms, ceiling fans, and updated finishes. Property operating features include master-metered electricity and separately metered gas, while the ADU is separately metered for gas, electricity, and water. Current monthly scheduled income is approx. $19,525, compared with projected income of approx. $21,850. At projected rents, the property is expected to perform at an 8.64% CAP and 7.25 GRM. Located approx. 1.5 miles from both USC and Exposition Park, 259 E 41st Place provides convenient access to the LA Memorial Coliseum, BMO Stadium, Natural History Museum of Los Angeles County, California Science Center, and the broader USC campus. The property also sits across from Gilbert W. Lindsay Recreation Center and near Harmony Missionary Baptist Church, adding recreation and community uses to the immediate neighborhood setting. 259 E 41st Place brings together a $126,667 per-unit basis, a strong current return, a well-kept physical property, and additional income growth still available in the rent roll. With USC and Exposition Park approx. 1.5 miles away, the property offers a straightforward investment story supported by both current performance and location.

259 E 41st Place, Los Angeles
211 E 55th Street, Los Angeles
$1,295,000
SB26218695 MLS ⋅ Active Status
211 E 55th St presents an attractive opportunity to acquire a 9-unit multifamily investment opportunity in Los Angeles, offered at $1,295,000. The property features a desirable unit mix of (2) Studios, (6) 1 Bed/1 Bath, and (1) 2 Bed/1 Bath Units, complimented by 4 on-site parking spaces. The property offers strong, in-place returns with a 7.25% Cap Rate and 8.21 GRM, providing investors with an attractive day one-yield. Pro forma rents reflect a 17.51% increase in scheduled income, highlighting meaningful value-add upside. Additionally, one currently vacant unit provides an opportunity to generate additional rental income and further enhance overall returns. Ideally situated in Los Angeles, CA 90011, the property benefits from proximity to major employment centers, retail corridors, and public transportation, making it an attractive investment in an established rental market.

211 E 55th Street, Los Angeles
1373 E 23rd Street, Los Angeles
$705,000
4 Beds ⋅ 2 Baths ⋅ 26996343 MLS ⋅ Active Status
Incredible investment or owner-user opportunity in the heart of Los Angeles! This prime duplex delivers ultimate flexibility and immediate value. The property features a perfect setup: the upper unit will be delivered completely vacant, making it an absolute dream for an owner-occupant looking to house-hack or an investor wanting to hand-pick their next tenant at updated market terms. This remodeled upper unit features a new stove, sleek laminate flooring, washer/dryer hookups, and a spacious, formal dining room. The second unit features an unpermitted bonus bathroom and a stable, long-term tenant already in place. Both units offer comfortable, highly functional layouts. Situated proximate to DTLA, the property boasts an expansive, fenced-in backyard concrete parking area accessed off a maintained, paved alleyway. Retain immediate stability while capturing immediate upside. This multi-family asset is a rare find in today's market and a must-see! Schedule your tour today!"

1373 E 23rd 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.

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