90062 Homes under $1.25 million

90062 Homes under $1.25 million

Welcome to the vibrant community of Los Angeles, nestled in the heart of California, where the zip code 90062 offers a unique blend of urban living and suburban charm. This dynamic area is part of the greater Los Angeles County and is known for its rich cultural tapestry, diverse neighborhoods, and convenient access to some of the city’s most exciting attractions.

With a variety of homes available for under $1.25 million, 90062 presents an incredible opportunity for first-time buyers, growing families, and savvy investors alike. The real estate market in this area boasts a range of property styles, from charming bungalows to modern townhomes, ensuring there’s something for everyone. Many homes feature spacious yards, perfect for outdoor gatherings or simply enjoying the California sunshine.

Residents of 90062 enjoy easy access to public transportation, making commuting to downtown Los Angeles and beyond a breeze. The area is also home to numerous parks, local shops, and dining options, fostering a strong sense of community. Nearby, you'll find cultural landmarks such as the University of Southern California (USC), which adds to the neighborhood’s vibrant atmosphere.

Whether you’re looking to settle down in a family-friendly environment or seeking an investment opportunity in one of LA’s up-and-coming areas, 90062 is a fantastic choice. Explore the diverse homes available under $1.25 million and discover the charm and convenience that this Los Angeles neighborhood has to offer. Your dream home awaits!

Newest 90062 Homes under $1.25 million

4218 S Harvard, Los Angeles
$1,050,000
SR26224959 MLS ⋅ Active Status
Spanish Style Triplex with IMMEDIATE RENTAL INCOME & ADU Potential! This stunning 6-bedroom, 4-bath Spanish-style triplex offers 3,577 sqft of living space on a 5,722 sqft lot with rear parking and assigned spaces for each unit, including 2 garage spaces for one unit. Perfect for investors or an owner-occupant, each unit features newer water heaters double-strapped for safety, smoke and carbon monoxide alarms, and separate utilities with 3 electric meters, 3 gas meters, and 1 water meter. Unit 4220 is updated with new plumbing, electrical, drywall, flooring, paint, and bathroom, while 4218 offers an updated kitchen with quartz countertops and soft-close cabinets. Unit 4220 1/2 occupies the entire top floor, has an updated kitchen with quartz countertops and has potential to add 2 additional bedrooms. With ADU potential, this property provides flexibility for rental income, extended family living, or future expansion. Don’t miss this rare opportunity to own a versatile, income-producing property in a highly desirable location!

4218 S Harvard, Los Angeles
1659 W 39th, Los Angeles
$1,250,000
6 Beds ⋅ 6 Baths ⋅ SB26225311 MLS ⋅ Coming Soon Status
Exceptional opportunity to own a single-family residence with a separate ADU and paid-off solar panels. The main home features a classic brick exterior, covered entry, inviting living and dining areas, recessed lighting, and a functional layout. The separate ADU offers added flexibility for extended living arrangements, guest accommodations, or potential rental use, subject to applicable regulations. The combination of a main residence, additional living space, and paid-off solar panels makes this property an appealing investment opportunity with potential for long-term value. Conveniently located near the University of Southern California (USC), the Natural History Museum, Miracle Mile, Century City, Leimert Park, the Culver City Stairs, Kenneth Hahn State Recreation Area, and Los Angeles International Airport (LAX). Enjoy access to cultural attractions, shopping, dining, outdoor recreation, and destinations throughout Los Angeles. A versatile property offering multiple living spaces and convenient access to many of the city's well-known destinations.

1659 W 39th, Los Angeles
1862 W 54th Street, Los Angeles
$729,000
4 Beds ⋅ 2 Baths ⋅ SB26223461 MLS ⋅ Active Status
Excellent opportunity to own a two-unit property in the Chesterfield Square neighborhood of Los Angeles. Situated on an approximately 5,852-square-foot lot, this 1925-built duplex offers approximately 2,470 square feet of living space, with a total of 4 bedrooms and 2 bathrooms. The property presents an opportunity for investors seeking rental income, multigenerational living, or an owner-occupant looking to offset housing expenses with rental income from a second unit. Conveniently located near major thoroughfares, neighborhood amenities, and public transportation, this property offers flexibility and long-term potential in an established Los Angeles neighborhood. Explore the possibilities and make this duplex your next investment.

1862 W 54th Street, Los Angeles
1862 W 54th Street, Los Angeles
$729,000
SB26222667 MLS ⋅ Active Status
Excellent opportunity to own a two-unit property in the Chesterfield Square neighborhood of Los Angeles. Situated on an approximately 5,852-square-foot lot, this 1925-built duplex offers approximately 2,470 square feet of living space, with a total of 4 bedrooms and 2 bathrooms. The property presents an opportunity for investors seeking rental income, multigenerational living, or an owner-occupant looking to offset housing expenses with rental income from a second unit. Conveniently located near major thoroughfares, neighborhood amenities, and public transportation, this property offers flexibility and long-term potential in an established Los Angeles neighborhood. Explore the possibilities and make this duplex your next investment.

1862 W 54th Street, Los Angeles
1457 52nd Street, Los Angeles
$900,000
4 Beds ⋅ 4 Baths ⋅ 26102487 MLS ⋅ Active Status
Exclusive new 4-unit in Vermont Square near USC and Exposition Park. The Seller is offering seller carried financing for 2 years at 4.0% interest only and 25% down, producing an immediate cash-on-cash return of over 10.3%. At the Asking Price of $900k, this deal represents the lowest Price per unit for any 4-unit or Duplex sold in the 90062 zip code since Jan 2025. All tenants are market rate and not on subsidized payment structures and actual expenses are extremely low. Tenants are responsible for electric, gas, and trash reducing the owner's expenses. Pricing and cash flow include professional management fees (optional).

1457 52nd Street, Los Angeles
1745 W 39th, Los Angeles
$1,079,000
5 Beds ⋅ 3 Baths ⋅ SR26219325 MLS ⋅ Active Status
TURNKEY 2026 REMODELED DUPLEX + NEW ADU | FULLY VACANT | INVESTMENT OPPORTUNITY! Offered at $1,079,000! Discover this extensively remodeled duplex with a newly built ADU, offering three separate living spaces and exciting rental-income potential. The property features two front units, each with 2 bedrooms and 1 bathroom, plus a separate rear 1-bedroom, 1-bathroom ADU completed in 2026. REMODELED FROM TOP TO BOTTOM IN 2026! Improvements include a new roof, remodeled kitchens and bathrooms, new appliances, electrical improvements, updated walls and finishes, and central A/C in all three units. No one has lived in the property since the renovation. Major improvements are complete, allowing the next owner to focus on leasing rather than undertaking a major renovation. PROJECTED RENTAL INCOME: • Front 2BD/1BA: $3,500/month • Front 2BD/1BA: $3,500/month • Rear 1BD/1BA ADU: $2,200/month TOTAL PROJECTED GROSS RENT: $9,200/MONTH | $110,400/YEAR. At the asking price, this represents approximately a 10.2% gross rental yield before operating expenses, vacancy, financing, taxes, insurance, and other costs. LIVE IN ONE, RENT THE OTHER TWO! Owner-occupants can live in one front unit while renting the other unit and ADU. Investors can lease all three spaces to establish multiple income streams from one property. Delivered fully vacant, the property offers flexibility to establish new leases and a rental strategy. THINK LONG-TERM: Investors may benefit from rental income, potential rent growth, and future appreciation. An illustrative future value of $1.5 million would represent approximately $421,000 in gross appreciation from the asking price, before selling costs, financing, taxes, and other expenses. Future value is not guaranteed. Three separate living spaces. Extensive 2026 renovations. Newly built ADU. Central A/C throughout. Fully vacant and ready for its next chapter!

1745 W 39th, Los Angeles
3940 La Salle, Los Angeles
$899,950
DW26221771 MLS ⋅ Active Status
TWO HOMES. ONE ADDRESS. A WORLD OF POSSIBILITIES! Discover the opportunity at 3940 La Salle Avenue, Los Angeles, CA 90062! Situated on an approximately 6,503-square-foot lot, this versatile duplex offers 1,892 square feet of living space, two separate units, a detached two-car garage, and a long driveway. Each unit features 2 bedrooms and 1 bathroom, offering flexibility for investors and owner-occupants alike. Both units have been newly upgraded, and the vacant unit features fresh paint, new flooring, and new light fixtures. With one unit to be delivered vacant at closing, the next owner can explore the opportunity to live in one unit while renting the other, accommodate extended family, or expand their real estate portfolio. But the possibilities don't stop there! Featuring LAR2 zoning, a detached two-car garage, and a generous lot, this property offers additional potential for buyers to explore future improvements, including the possibility of an ADU, subject to zoning requirements, feasibility, and applicable city approvals. The location adds even more appeal! Conveniently situated near USC Village, enjoy access to shopping, dining, and everyday essentials. Explore the museums and gardens of Exposition Park, experience sporting events and entertainment near the Los Angeles Memorial Coliseum, the new Lucas Museum of Narrative Art, and BMO Stadium, or head toward Downtown Los Angeles for additional dining, entertainment, and cultural attractions. Convenient access to major freeways and public transportation helps connect you to destinations throughout the city. Whether you're looking to begin your real estate investment journey, expand your portfolio, or explore the possibilities of a property with multiple living spaces and room for future improvements, 3940 La Salle Avenue invites you to envision what's next. Two units. A generous lot. A detached two-car garage. A world of possibilities. Don't miss the opportunity to discover the potential at 3940 La Salle Avenue!

3940 La Salle, Los Angeles
5747 S Gramercy Place, Los Angeles
$850,000
SR26220299 MLS ⋅ Active Status
This three-unit property in South Los Angeles combines residential and commercial income on one lot! The unit mix includes two 3-bedroom, 1-bathroom residences and a studio currently operating as a beauty shop. The studio is permitted for commercial use, which diversifies income and can appeal to small-business tenants. The 3-bedroom units are a strong fit for long-term renters, and each unit has its own entrance. The lot is gated with a long driveway, off-street parking, and an attached two-car garage. All of this sits on a palm-lined street with access to major South LA corridors, shopping, and transit. The property can be held for steady cash flow, improved over time to increase rents, or occupied by an owner-user who wants to live on-site while collecting rental and commercial income. Mixed-use properties with this flexibility are hard to find in the 90062 area!

5747 S Gramercy Place, Los Angeles
1724 W 43rd Street, Los Angeles
$799,900
3 Beds ⋅ 2 Baths ⋅ MB26217267 MLS ⋅ Active Status
Welcome to your dream home! This beautiful craftsman has been reimagined, move-in-ready home in the heart of Los Angeles, featuring 3 spacious bedrooms, 2 bathrooms, a bonus office space, and 1,406 sq. ft. of living space. Enjoy an open-concept living and kitchen area with new cabinetry, appliances, plumbing, electrical upgrades, and modern finishes throughout. A detached 3-car garage may offer excellent ADU potential, while the long driveway provides ample parking. Centrally located with convenient freeway access to Downtown LA, LAX, SoFi Stadium, BMO Stadium, USC, and many of LA’s top destinations.

1724 W 43rd Street, Los Angeles
1825 Middleton Place, Los Angeles
$799,000
2 Beds ⋅ 2 Baths ⋅ 26997815 MLS ⋅ Active Status
There's more than meets the eye in this inviting Exposition Park home. The 2-bedroom, 1-bathroom main residence is complemented by a spacious bonus primary suite with an en-suite bathroom and walk-in closet, plus a separate bonus guest house with a kitchenette and 3/4 bathroom. The result is a home with a surprising amount of space and flexibility. Inside, the open-concept kitchen, living room, and dining areas create a natural gathering place for everyday life and entertaining. The generously sized kitchen features a breakfast bar and skylight, while a large living room window and sliding glass doors off the dining area bring in plenty of natural light and open to the patio. The bonus primary suite offers a comfortable sense of privacy, while the separate guest house opens the door to all kinds of possibilities, from hosting overnight guests or extended family to creating a dedicated workspace or simply enjoying having extra room. Step outside to a peaceful street, a nicely sized backyard, and plenty of driveway and street parking. Beyond home, enjoy the best of Exposition Park just moments away, from the Expo Line and USC to the Lucas Museum of Narrative Art and the California Science Center, home to the new wing featuring the Space Shuttle Endeavour. With the 2028 Olympic Games coming to Los Angeles, this location puts you close to the energy, culture, and continued growth of one of the city's most exciting areas. A home with room to spread out, room to gather, and plenty to discover!

1825 Middleton Place, Los Angeles
5102 Cimarron, Los Angeles
$619,900
3 Beds ⋅ 1 Baths ⋅ DW26217589 MLS ⋅ Active Status
Move-in-ready 1912 Bungalow with real character. Legally a Two-bedroom, one-bath, 1,183 sq ft home, used as a three-bedroom, one-bath. Original Craftsman touches throughout, plus a long driveway that fits multiple cars. The 5,200+ sq ft lot gives room to garden, entertain, or expand. Steps from USC, Exposition Park, and downtown.

5102 Cimarron, Los Angeles
5418 Denker, Los Angeles
$800,000
PW26210372 MLS ⋅ Active Status
INVESTMENT OPPORTUNITY IN LOS ANGELES! This tenant-occupied triplex offers an excellent opportunity for investors seeking an income-producing property with multiple rental units. Situated on an approximately 5,728 sq. ft. lot, the property features approximately 2,079 sq. ft. of living area and consists of three units: a 2-bedroom unit and two 1-bedroom units. Current reported rents total approximately $5,100 per month, providing an existing income stream. Originally built in 1921, the property offers the character and potential of an established Los Angeles multifamily asset. The property is serviced by public sewer and is located within an LAC1 zoning designation, with public records identifying the current use as a triplex.

5418 Denker, 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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