90037 Homes under $2 million

90037 Homes under $2 million

Welcome to the vibrant and dynamic neighborhood of 90037, nestled in the heart of Los Angeles, California. This area is steeped in rich cultural diversity and offers a unique blend of urban living and community spirit. With its prime location, residents enjoy easy access to downtown Los Angeles, as well as a variety of local attractions and amenities.

One of the most appealing aspects of 90037 is its housing market, where opportunities abound for homebuyers seeking properties under $2 million. This neighborhood boasts a range of charming homes, from classic Craftsman bungalows to contemporary designs, providing something for everyone. Whether you’re a first-time buyer, a growing family, or looking to invest, you’ll find an array of options that fit your lifestyle and budget.

Living in 90037 means you’re never far from the action. Enjoy leisurely strolls through nearby parks, explore the local art scene, or indulge in the diverse culinary offerings at nearby restaurants. The community is well-connected, with public transportation options that make commuting a breeze, allowing you to easily explore all that Los Angeles has to offer.

In addition to its residential appeal, 90037 is also home to several educational institutions and cultural landmarks, making it an ideal place for families and individuals alike. Experience the charm of this Los Angeles neighborhood, where homes under $2 million are not just a dream but a reality. Embrace the lifestyle that 90037 has to offer, and discover your perfect home in this thriving community!

Newest 90037 Homes under $2 million

715 W 56th Street, Los Angeles
$705,000
4 Beds ⋅ 2 Baths ⋅ SB26222744 MLS ⋅ Active Status
MORE THAN A HOME — ROOM TO EXPLORE FUTURE POSSIBILITIES The property is reported to have LAR4 zoning, which may offer additional possibilities for buyers interested in exploring future residential development. The potential to add residential units, possibly up to four in total, is subject to independent verification of zoning, allowable density, building requirements, and City of Los Angeles approvals. For a homeowner, this may be an opportunity to investigate future options. For a multigenerational household or buyer considering additional housing possibilities, it may be worth exploring whether the property can accommodate future plans. For those thinking long term, the reported zoning may provide another reason to investigate this property's potential. No additional units or development rights are guaranteed. CONVENIENT SOUTH LOS ANGELES LOCATION!! Enjoy access to neighborhood shopping, grocery stores, restaurants, parks, public transportation, and major commuter routes. The Vermont Avenue and Slauson Avenue corridors offer everyday conveniences, while nearby regional destinations include Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, and the Watts Towers Arts Center. With local shopping options, community recreation, cultural attractions, and transportation connections throughout the area, the location offers a variety of ways to enjoy life in South Los Angeles. AN OPPORTUNITY FOR TODAY — POSSIBILITIES FOR TOMORROW Whether you are a first-time buyer looking for a home to personalize, a household seeking more space, a multigenerational family exploring future housing options, or a buyer looking for a property with long-term potential, 715 W. 56th Street offers an opportunity to see beyond what exists today and imagine what may be possible tomorrow. SOLD AS IS!! Make it your home. Make it your vision. Explore the possibilities.

715 W 56th Street, Los Angeles

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.

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