90037 Homes with Apartment Subtype

Located in the heart of Los Angeles, California, the zip code 90037 offers a vibrant and diverse community for residents. Situated within Los Angeles County, this area provides a perfect blend of urban convenience and suburban charm.

One of the key features of this zip code is the availability of homes with an apartment subtype. Whether you are an investor looking for rental properties or a homeowner seeking additional income, these homes provide a great opportunity. With an apartment subtype, you can enjoy the benefits of having separate living spaces within a single property. This allows for flexibility in accommodating extended family members, generating rental income, or creating a dedicated office space.

In addition to the homes with an apartment subtype, 90037 offers a range of amenities and attractions. From local parks and recreational facilities to shopping centers and restaurants, residents have easy access to everything they need. The area is also well-connected, with convenient transportation options and proximity to major highways, making commuting a breeze.

With its central location in Los Angeles, 90037 provides residents with access to a variety of employment opportunities, educational institutions, and cultural attractions. From the bustling downtown area to the world-famous beaches, there is always something to explore and enjoy.

If you are looking for a vibrant community with homes featuring an apartment subtype, 90037 in Los Angeles, California, is definitely worth considering. With its convenient location and diverse offerings, this zip code provides a welcoming and exciting place to call home.

Newest 90037 Homes with Apartment Subtype

$795,000

SR26197707 MLS ⋅ Active Status

FAMILY TRUST AUCTION!!! RARE OPPORTUNITY TO PURCHASE (8) 1 BEDROOM, 1 BATHROOM HOMES ON 1 LOT. CLOSE TO THE COLOSSEUM AND UNIVERSITY OF SOUTHERN CALIFORNIA. 7 UNITS ARE VACANT. 1 UNIT OCCUPIED. PROPERTY CURRENTLY IN REAP WITH RECORDED SUBSTANDARDS. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY FOR CURRENT BUILDING RESTRICTIONS AND REQUIREMENTS.

1094 W 39th, Los Angeles

$1,700,000

SB26188771 MLS ⋅ Active Status

Five large units in the heart of Los Angles. Two bedrooms, one bath each. Easy access to the freeways. Walking distance to USC stadium and campus. Short drive to Crypto.com Arena. Home of Los Angeles Lakers, Los Angeles Coliseum-2028 Olympics. Newly Opened Lucas Museum. Exposition Park and BMO Stadium. Sellers are selling both buildings together. 1121 and 1127.

1121 W Martin Luther King Jr, Los Angeles

$3,000,000

SR26188226 MLS ⋅ Active Status

Rare opportunity to acquire a well-maintained 20-unit multifamily property offering significant capital improvements and an attractive unit configuration in a highly accessible Los Angeles location. The property features 20 individual single units, with each unit having its own separate, enclosed kitchen room. The property has benefited from substantial infrastructure improvements, providing an investor with the advantage of major building components having already been addressed. Improvements include a complete re-roof, extensive electrical upgrades, new plumbing, updated meter boxes, and newer mechanical components. The electrical system has been extensively upgraded with wiring from the electrical meters to each individual unit, along with electrical meter boxes. The property also features separate electric and gas meters, providing individual utility metering for the units. Plumbing has likewise been significantly improved, with copper plumbing from the meters serving the individual units. The property is equipped with a newer gas water heater and recirculating pump, providing efficient distribution of hot water throughout the building. Security and life-safety features include exterior security cameras and a monitored fire alarm system, providing additional oversight and safety for the property and its residents. Adding to the property's functionality is a large approximately 14' x 38' basement area. This expansive space offers valuable flexibility and may provide potential for laundry facilities, tenant storage, building storage, or other permitted uses, subject to buyer verification and applicable city requirements. The property's location is another significant advantage. Situated with convenient access to Downtown Los Angeles, USC, the Los Angeles Convention Center, Metro rail, and the 110 Freeway, residents benefit from proximity to major employment centers, educational institutions, entertainment, sporting and convention venues, public transportation, and the many amenities of central Los Angeles. For investors, the combination of 20 units, separate enclosed kitchen rooms, separately metered utilities, extensive electrical and plumbing upgrades, complete re-roofing, newer water-heating equipment, security cameras, monitored fire protection, and additional basement space creates an appealing multifamily investment opportunity.

331 W 45th Street, Los Angeles

$3,349,000

SB26190326 MLS ⋅ Active Status

526–534 W 47th Street presents an opportunity to acquire two neighboring apartment buildings totaling 19 units in a central Los Angeles location. The properties feature eighteen 1-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit, with approximately 11,953 square feet of building area situated on approximately 15,467 square feet of land. Four units are currently vacant, providing an incoming investor with the opportunity to renovate and lease the units while benefiting from the property’s existing income. Based on projected market rents, the property offers approximately 46% upside in scheduled rental income, increasing from approximately $356,568 to $521,400 annually. The offering consists of two separate parcels, each containing fewer than 16 units, which generally eliminates the state requirement for an on-site resident manager. Conveniently located near the 110 Freeway, USC, Exposition Park, the Los Angeles Memorial Coliseum and Downtown Los Angeles, this offering provides attractive scale, immediate vacant-unit potential and meaningful long-term rental upside.

526 534 W 47th St, Los Angeles

$650,000

SR26186494 MLS ⋅ Active Status

Mixed-use value-add opportunity in South Los Angeles consisting of six units, including five residential units and one commercial space. The property contains approximately 4,268 SF of net rentable building area on a 5,227 SF lot and offers a combination of existing income and significant potential for future rent growth. The current unit mix includes two studios, two 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one commercial space. The property also includes four garage/parking spaces, creating additional potential for income or possible ADU conversion, subject to applicable zoning, permitting, code requirements, and feasibility. The commercial component may also present an opportunity for conversion to residential use, subject to applicable approvals. Located in a central South Los Angeles location with convenient access to Downtown Los Angeles, USC, Inglewood, major freeways, and public transportation. The property's mixed-use configuration, existing residential units, garage area, and potential for increased rental income provide multiple avenues for long-term value creation.

5324 S Hoover, Los Angeles

$1,190,000

PW26183901 MLS ⋅ Active Status

517 W 42nd Place is a renovated six-unit multifamily property located just south of USC and Exposition Park. The property consists of four 1BR/1BA units and two studios across two separate buildings, including two larger townhouse-style one-bedroom units in the rear structure. Renovated in 2020 with updated kitchens, bathrooms, flooring, interiors, and exterior improvements. Current gross scheduled income is $113,618, producing a 5.77% current cap rate and 10.50 GRM at the asking price. The existing rent roll offers approximately 6.2% additional rent upside. One renovated one-bedroom unit is currently available for lease at $1,995/month.

517 W 42nd, Los Angeles

$819,000

SB26180180 MLS ⋅ Active Status

6 Units For Sale in Los Angeles, along with previously approved plans to convert the existing garage to an ADU. Professionally managed, well kept. 4 very large 1/1s in the front and 2 cute studio units in the back. Plenty of street parking nearby. Huge Upside. Lots of potential to add value.

324 W 50th, Los Angeles

$4,995,000

BB26177613 MLS ⋅ Active Status

1175-1181 Leighton Avenue is a fully leased, newly built 10-unit portfolio offering a combination rarely found near USC: two side-by-side five-unit properties, 26 rentable bedrooms, 26 parking spaces and a 6.62% cap rate (inclusive of a 4% management fee), all just 0.5 miles from USC campus. Situated on two contiguous lots with separate APNs, the portfolio consists of eight expansive 3-bedroom, 3-bathroom residences and two, highly rentable, 1-bedroom, 1-bathroom ADUs. Each bedroom in all residences has its own en-suite bathroom, creating a flexible and highly rentable unit mix that appeals to students, young professionals, families and traditional tenants. The portfolio generates $432,360 in annual gross income and is offered fully stabilized with established rental history. Units are separately metered for ALL utilities, eliminating any owner utility expenses, while the side-by-side configuration and separate APNs also provide investors with the flexibility to pursue residential or commercial financing. These are not typical student rentals. Each townhome-style residence delivers high-end finishes, open-concept living spaces, oversized kitchen islands, sleek cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry, generous closets, spa-inspired bathrooms and oversized windows that fill the interiors with natural light. The propery is also equipped with EV charhing and solar! Beyond USC, residents are moments from Exposition Park, BMO Stadium, the LA Memorial Coliseum, the Natural History Museum and the California Science Center. The portfolio is also located within the USC Lyft Zone and offers convenient access to the Metro E Line, Downtown Los Angeles, Culver City and Santa Monica. This central location supports a deep and diverse tenant pool while giving investors the stabilized income, modern construction, parking and operational simplicity that are increasingly difficult to find in a single acquisition.

1175 Leighton, Los Angeles

$3,250,000

SR26174382 MLS ⋅ Active Status

Situated minutes from the USC campus and downtown LA. This 18 unit apartment asset has tremendous potential to increase rents and profitability. The property is well maintained in an area with high rental demand. Most units have been upgraded. There is ample parking and extensive upgrades to the infrastructure. Inspection subject to an accepted offer. Email listing agents for full financials. No seller financing. do not disturb tenants. Six tenants are section 8. .

4240 Figueroa Street, Los Angeles

$1,100,000

SB26170801 MLS ⋅ Active Status

We are pleased to present 3914 Normandie Ave, a rare 4-unit multifamily investment in Los Angeles, available for the first time in over 20 years. Ideally located minutes from the University of Southern California (USC), the property benefits from strong, year-round rental demand with additional upside as Los Angeles prepares for the 2028 Olympic Games. Situated on a ±6,506 SF lot, the ±3,412 SF property features an attractive unit mix of three 2BD/1BA units and one spacious 4BD/2BA unit. Offered at $1,100,000 ($275,000/unit), the asset generates $8,600/month in current rental income with a pro forma of $10,900/month. The cap rate improves from 6.26% to 8.60% at market rents, while tenants pay for trash, gas, and electricity, helping minimize operating expenses. Recent improvements include a renovated vacant unit with updated kitchen, bathroom, flooring, and windows, along with new electrical panels serving the rear units. Zoned LAR3 and positioned near USC, Downtown Los Angeles, Exposition Park, and major transit corridors, 3914 Normandie Ave offers investors a well-maintained asset with strong in-place cash flow and meaningful long-term upside.

3914 S Normandie Avenue, Los Angeles

$998,000

TR26134027 MLS ⋅ Active Status

Prime 5-Unit Income Opportunity in High-Demand LA Rental Market! Excellent investment asset featuring two separate buildings on one lot. The front structure consists of four 2BR/1BA units, while the rear features a detached 3BR/1BA home. Ideal for a savvy investor or an owner-occupant looking to house-hack. All units are fully occupied, offering steady cash flow with great long-term rental upside. Individual gas and electric meters keep landlord expenses to a minimum. Centrally located in the heart of LA near BMO Stadium, the Coliseum, and Downtown, with effortless access to freeways, transit, and shopping. A low-maintenance, high-yielding portfolio addition!

158 W Martin Luther King Jr, 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.