90037 Homes under $1.25 million

90037 Homes under $1.25 million

Welcome to the vibrant neighborhood of 90037, nestled in the heart of Los Angeles, California. This dynamic area is rich in culture and history, making it a fantastic place to call home. Known for its diverse community and convenient location, 90037 offers residents easy access to some of the city’s most popular attractions, including the iconic Los Angeles Memorial Coliseum and the California Science Center.

What makes this area particularly appealing is the availability of charming homes under $1.25 million. Whether you're a first-time buyer, a growing family, or looking to invest, you'll find a variety of options that cater to your needs. From cozy bungalows to modern townhouses, the real estate market in 90037 is diverse and inviting. Many of these homes feature unique architectural details, spacious layouts, and beautiful outdoor spaces, perfect for enjoying the California sunshine.

Living in 90037 means enjoying the best of both worlds—urban convenience and neighborhood charm. With numerous parks, local eateries, and boutique shops, there’s always something to explore. Plus, the area is well-connected to public transportation, making commuting a breeze.

If you’re searching for an affordable home in a thriving community, 90037 is the perfect place to start your journey. Experience the warmth and vibrancy of Los Angeles living while enjoying the comfort of your own home. Don’t miss out on the opportunity to be part of this exciting neighborhood!

Newest 90037 Homes under $1.25 million

831 W 50th, Los Angeles
$1,195,000
OC26221761 MLS ⋅ Active Status
Exceptional investment opportunity in Los Angeles! Built in 2016, this well-maintained duplex features two spacious residences, each offering 5 bedrooms, 3 bathrooms, and approximately 1,800 square feet of living space, for a combined 3,600 square feet. Situated on an approximately 5,199-square-foot lot, the property offers a desirable combination of modern construction, generous floor plans, and strong in-place rental income. Each residence features its own in-unit washer and dryer, separately metered electricity and water, and convenient garage parking. The property includes one two-car garage and one single-car garage, along with gated access for added privacy. Ownership has invested approximately $33,530 in improvements, including interior and exterior painting, carpeting, and the installation of a second water meter. Currently generating $8,140 per month in combined rental income ($97,680 annually), the property offers attractive cash flow with additional rental upside. At the asking price of $1,195,000, the property reflects an approximately 7.08% capitalization rate based on seller-reported operating expenses, or approximately 6.62% using buyer-adjusted property taxes. With its 2016 construction, substantial bedroom count, separately metered utilities, and established income stream, this is an opportunity to acquire a newer multifamily asset in Los Angeles. Buyer to verify all property details, financial information, and applicable rental regulations.

831 W 50th, Los Angeles

259 W 42ND Street, Los Angeles
$1,040,000
SB26221064 MLS ⋅ Active Status
RARE OPPORTUNITY TO OWN A FULLY VACANT, EXTENSIVELY RENOVATED FOURPLEX IN LOS ANGELES! An exceptional opportunity to own a beautifully remodeled fourplex with all four units delivered 100% vacant! This turnkey property has undergone extensive renovations, including a brand-new roof, updated plumbing and electrical systems, new windows, fresh stucco, and thoughtfully upgraded interiors throughout. One of the standout units is a beautifully appointed 2-bedroom, 1-bathroom residence, ideal for an owner-occupant, featuring stylish slim shaker cabinetry, elegant Taj Mahal countertops, and thoughtfully selected modern finishes. Enjoy the comfort of a newly renovated home while renting out the remaining three units to help offset your monthly mortgage payments. For investors, the rare combination of complete vacancy and extensive capital improvements presents an incredible opportunity to establish market rents from day one, without the complications of inherited tenants or costly renovations. The significant upgrades offer peace of mind and minimize anticipated near-term maintenance expenses. Whether you're looking to house hack by living in one unit and generating income from the other three, or seeking a turnkey multifamily investment with strong rental potential, this property offers exceptional flexibility and long-term upside. Four vacant units, extensive renovations, and the opportunity to live in style while your rental income helps pay the mortgage. A rare find in the Los Angeles market!

259 W 42ND Street, Los Angeles

1132 W 56th, Los Angeles
$869,900
4 Beds ⋅ 3 Baths ⋅ DW26219105 MLS ⋅ Active Status
**Seller can pay $20,000.00 towards Buyers Closing Cost** Newly REMODLED VACANT DUPLEX in the City of Los Angeles! Don’t miss this opportunity to own this Craftsman-style DUPLEX featuring a Spacious 3bedroom 2bath Front Unit & 1Bedroom 1Bath Back Unit along with a Detached 1 Car Garage. Front Unit: 1132 W 56th St Features a Spacious (1840 SQ FT) 3bedroom 2bath home with New Cool Roof, Fresh Interior/Exterior Paint, Open-Concept layout, New Custom kitchen with Quartz countertops, New Appliances, Luxury vinyl plank flooring, Recessed lighting, Remodeled bathrooms, Indoor laundry hookups, New Mini-split, Plumbing & Electrical upgrades and much more! The spacious Primary suite in the front unit has a private entrance, ideal for in-law quarters or JR ADU and is well suited for multigenerational living. Back Unit: 1134 W 56th St, Features a (572 SQ FT) 1bedroom 1bath rear unit with New Cool Roof, New Electrical Panel, New Electrical Re-wire, Fresh Interior/Exterior Paint, Open-Concept layout, New Custom kitchen with Quartz countertops, New Appliances, Luxury vinyl plank flooring, Recessed lighting, Remodeled bathroom, Indoor laundry hookups, New Mini-split, Plumbing & Electrical upgrades and much more! Enjoy the Newly landscaped backyard with Artificial turf and New Modern Cement Pavers! There is parking available on the Front driveway and also a Detached 1 Car Garage with dual access doors for additional parking in backyard. Great Duplex opportunity in the City of Los Angeles! Make your appointment to see this home today FHA and VA Offers welcomed!

1132 W 56th, 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.