90031 Homes with Apartment Subtype

Located in the vibrant state of California, zip code 90031 is nestled within the sprawling county of Los Angeles. This area is known for its diverse neighborhoods, rich cultural heritage, and an array of amenities that cater to residents of all ages and interests.

One notable feature of zip code 90031 is the abundance of homes with the apartment subtype. This means that prospective homebuyers and renters have a wide range of options when it comes to finding their ideal living space. Whether you're looking for a cozy one-bedroom apartment or a spacious multi-bedroom unit, there is something to suit every lifestyle and budget.

Living in a home with the apartment subtype offers numerous advantages. For starters, these properties often come with shared amenities such as fitness centers, swimming pools, and communal spaces, allowing residents to enjoy a convenient and fulfilling lifestyle. Additionally, apartments are typically located in close proximity to shops, restaurants, and entertainment venues, ensuring that everything you need is just a stone's throw away.

Furthermore, homes with the apartment subtype in zip code 90031 provide an excellent opportunity for investors. With the demand for rental properties on the rise, owning an apartment in this area can be a lucrative venture, offering steady rental income and potential long-term appreciation.

Whether you're searching for a new place to call home or considering an investment opportunity, zip code 90031 in Los Angeles, CA, offers a wealth of homes with the apartment subtype to cater to your needs and desires.

Newest 90031 Homes with Apartment Subtype

$1,749,000

OC26053622 MLS ⋅ Active Status

Exceptional investment opportunity in the heart of vibrant Lincoln Heights! Situated on a generous 9,919 sq ft lot, this six-unit complex offers strong income potential in one of Los Angeles’ most historic and rapidly evolving neighborhoods. The property features a main house with 3 bedrooms and 2 bathroom, along with five additional 1-bedroom, 1-bathroom units, creating multiple streams of rental income. 2 Units will be delivered vacant with Endless Potential! Whether you're looking to expand your real estate portfolio, generate consistent cash flow, or explore future development possibilities, this property presents incredible versatility. Ideally located just minutes from Downtown Los Angeles, residents enjoy convenient access to major freeways, shopping, dining, parks, and the cultural energy that defines Lincoln Heights. The expansive lot size provides potential for investors seeking long-term appreciation or development opportunities (buyer to verify with the city). A rare chance to own a multi-unit, income-producing property in a prime Los Angeles location with both immediate rental potential and future upside.

2325 Johnston Street, Los Angeles

$2,100,000

AR26172939 MLS ⋅ Active Status

Take a look at this this unique opportunity positioned in the heart of Lincoln Heights. One of Los Angeles' fastest-evolving urban neighborhoods, this 15-unit apartment community presents investors with an exceptional opportunity to acquire a well-located multifamily asset in a high-demand rental corridor. Situated just minutes from Downtown Los Angeles, the property benefits from strong tenant demand driven by its proximity to major employment centers, transportation hubs, educational institutions, and ongoing neighborhood revitalization. This building offers investors the opportunity to capitalize in a submarket experiencing increasing investment activity and redevelopment. The Griffin apartments have a nice unit mix with 8-1 bedrooms units, and 7 studios situated in 3 separate buildings with an estimated 48% upside in rent. The rear building is located above garages which presents the opportunity to earn additional garage income or take advantage of the plans to build 3- ADU’s the existing ownership has! The properties attractive layout and size create for an ease of management as well as no on-site manager. All units are individually metered for Gas/ Electricity, and the property has onsite laundry. With Lincoln Heights’ proximity to DTLA, it allows for tremendous upside in rents and appreciation. This building has an attractive price per unit, and substantial upside, will be a great addition to any portfolio! Whether operated as a stable income-producing asset or repositioned through strategic unit upgrades, the property presents significant potential for revenue enhancement and long-term appreciation. Lincoln Heights continues to attract residents seeking affordable alternatives to Downtown, Echo Park, and Highland Park while remaining connected to the region's economic core. The property's central location provides convenient access to the I-5, I-10, 101, and 110 freeways, as well as Metro transit services, creating a compelling advantage for commuters and working professionals.

1927 Griffin Avenue, Los Angeles

$969,900

DW26134891 MLS ⋅ Active Status

Excellent TRIPLEX, investment opportunity in the highly transited city of Los Angeles. Located between all major freeways (I10, I5) and only a mile from the prestigious Medical School USC. The front unit 2247 is a spacious 3bed/1 bath home with an additional large studio (permits of studio are not verified). The back building includes a lower-level 2245 1/2, 2 Bed/1 bath, and top level 2245 has 3 Bed/1 Bath. All units have spacious parking and an additional alleyway entrance. All units are occupied by long term tenants.

2245 N Griffin, Los Angeles

$1,980,000

AR26090932 MLS ⋅ Active Status

Multifamily Investment Opportunity. The West Avenue 26 apartments: a nine (9) unit multifamily investment opportunity located in Lincoln Heights. The building is built in 1962 with 5,597 SF of living area and (9) on site parking spaces. The property features (5) one bedroom one bathroom and (4) two bedroom, 1 bathroom. Tenants enjoy the ease and comfort of being walking Distance to Nearby Parks, Schools, Shops and Restaurants off Pasadena Ave and N Broadway. The Property neighbors Boyle Heights and Highland Park, and allows easy access to Downtown Los Angeles, Dodger Stadium and USC. The property is also near the 5, 110, 101 and 10 Freeways. Upside potential in rents. "Soft Story Retrofitting" has been completed.

144 W Avenue 26, Los Angeles

$1,628,000

OC26080663 MLS ⋅ Active Status

Rare value-add opportunity in Lincoln Heights featuring a 5-unit property with significant vacancy, allowing a new owner to establish market rents from day one and implement a tailored lease-up strategy. Current income reflects existing vacancy, offering a clear path to repositioning and increased returns over time. Property consists of a desirable unit mix including multiple 2-bedroom units and one 3-bedroom unit, appealing to a broad tenant base. Vacancy provides operational flexibility, with no widespread tenant displacement required; one unit may require relocation depending on the buyer’s plan. All units are separately metered for gas and electricity, with a single water meter for the property, supporting efficient management and expense control. Market rent potential supports meaningful upside upon stabilization, making this an ideal opportunity for investors seeking a value-add, lease-up play with long-term income growth.

2232 Workman, Los Angeles

$14,990,000

AR26068285 MLS ⋅ Active Status

Discover an exceptional investment opportunity in the heart of Los Angeles! This modern 27-units apartment complex is ideally offering unparalleled convenience and accessibility. The property boasts a contemporary design with high-quality finishes, catering to the needs of today’s discerning tenants. This fully-leased complex ensures immediate and stable cash flow. Each unit is thoughtfully designed to maximize space and comfort, making it a sought-after residence for professionals and students alike. Don’t miss out on this turnkey investment in one of LA’s most vibrant and growing neighborhoods!

1836 Sichel Unit 27, Los Angeles

$3,880,000

WS26018859 MLS ⋅ Active Status

Don’t miss this rare opportunity to acquire a stable income-producing property with significant upside. This 24-unit apartment building is located in the prime Lincoln Heights area and consists entirely of one-bedroom, one-bath units in a classic courtyard-style layout. The elevator-served building is easily convertible to senior living use and is situated in a high-demand rental market with a very low vacancy rate. Major capital improvements have already been completed, including a full seismic retrofit and a recently replaced roof. The property offers a low cost per unit and is first time on market in over 20 years. Existing assumable loan with an attractive 3% interest rate. Approximately 40% rent upside while maintaining in-place stable income, this is an exceptional value-add investment opportunity.

2614 Griffin Avenue, 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.