Downtown L.A. (C42) Homes under $2 million

Welcome to Downtown Los Angeles (C42), a vibrant and dynamic urban hub that perfectly blends the hustle and bustle of city life with a rich tapestry of culture, art, and history. Nestled in the heart of Los Angeles County, this iconic district is renowned for its stunning skyline, featuring a mix of modern high-rises and historic architecture. From the majestic Walt Disney Concert Hall to the bustling Grand Central Market, Downtown L.A. offers an eclectic array of experiences that cater to all lifestyles.

For those seeking a home in this lively area, you’ll be pleased to discover a variety of charming residences available for under $2 million. Whether you’re looking for a sleek loft in a contemporary building or a cozy condo with breathtaking views, Downtown L.A. has something to suit your taste and budget. These homes not only provide the comfort of urban living but also place you in close proximity to world-class dining, shopping, and entertainment options.

Imagine waking up to the vibrant energy of the city, with easy access to cultural landmarks, trendy boutiques, and artisanal coffee shops just steps away from your front door. The convenient public transportation options make commuting a breeze, allowing you to explore all that Los Angeles has to offer.

With its unique blend of modernity and tradition, Downtown L.A. is more than just a place to live; it’s a lifestyle. Discover your dream home in this thriving metropolis, where every day brings new adventures and opportunities. Embrace the charm of Downtown L.A. and make it your own!

Newest Downtown L.A. (C42) Homes under $2 million

$1,129,999

2 Beds ⋅ 2 Baths ⋅ AR26217634 MLS ⋅ Active Status

Metropolis Addressed at the very heart of Downtown Los Angeles, A luxury full service resort-like lifestyle oasis city within a city. This DTLA Pied-a-terre is amidst the thrilling city center, replete with L.A. Live, Staples Center, the financial and entertainment districts. DTLA life is on the rise with its culture, shopping and a moments travel to its Arts District, and in views focus the Hollywood Hills await adventure. This specific 2 bedroom corner residence features a spacious open floor plan with breathtaking views from the expansive windows that frame the glittering LA skyline. Oak hardwood floors, designer finishes, well appointed chefs kitchen cabinetry and elegant Caesarstone countertops. Wake up to stunning views and step into the comforts of a well appointed en-suite bath and walk in closets.High above, and from within - indulge lifestyle moments in Metropolis private skypark, pool, clubhouse gym. Privy yourself in the expansive spaces to gather, entertain, work, dine and unwind. Host, meet and greet guests at the adjacent Hotel Indigo or whisk away nearby for lively libations. Live, Love, BE Fabulous in DTLA!

889 Francisco ST Unit 3608, Los Angeles

$925,000

PW26221449 MLS ⋅ Active Status

3 BEDROOM 2 BATH UNIT VACANT AT COE, offering a new owner the opportunity to OWNER OCCUPY the unit or lease it while benefiting from income generated by the remaining units. Including the pro forma rent for the vacant 3-bedroom unit, the property generates just under $7,000 in monthly rental income. 134 E 31st Street is a 4-unit multifamily opportunity featuring a unit mix of (1) 3+2, (2) 2+1, and (1) 1+1. The remaining units are occupied by long-term tenants, providing dependable in-place income and stability from day one. This creates an attractive balance of reliable current cash flow, immediate lease-up potential, and long-term rental upside as units turn over over time. Located just east of USC and Exposition Park, the property benefits from proximity to Downtown Los Angeles, major employment centers, transit, the LA Memorial Coliseum, BMO Stadium, the California Science Center, and other major destinations. Its central location, established tenancy, and immediate vacancy make 134 E 31st Street a compelling opportunity for both investors and owner-users seeking long-term value in Los Angeles.

134 E 31st Street, Los Angeles

$950,000

1 Beds ⋅ 2 Baths ⋅ TR26221434 MLS ⋅ Active Status

Downtown living at its best at the Ritz Carlton in L.A. Live. The Ritz Carlton Residences provides 1st class concierge services on a 24 hour basis. Security, valet parking, room service, gym, and much more. This one bedroom condominium provides views to the east overseeing vast areas of downtown Los Angeles. The Ritz Carlton at L.A. Live says it all. Make your appointment to tour this residence today.

900 W Olympic, Los Angeles

2121 James M Wood Boulevard Unit 202, Los Angeles

$314,000

1 Beds ⋅ 1 Baths ⋅ 26999487 MLS ⋅ Active Status

Welcome to Unit 202 at 2121 James M. Wood Blvd, a bright and unique one-bedroom condominium with historic character and charm. This corner unit features original oak hardwood floors and oversized windows that fill the space with natural light. It has both city and courtyard views. This bright, cozy one-bedroom unit offers ample storage and cabinets for a practical, organized layout. The bedroom and living room feature a Murphy bed, a space-saving solution that adds versatility and functionality; it doubles as a guest room. The unit offers direct access to the fire escape landing, with open skyline views. Additionally, there is a small flex space by the hall that can also serve as a compact work-from-home setup or hobby area. The place can be sold furnished or unfurnished, and is sold As-Is. The monthly HOA dues cover all utilities: water, gas, electricity, and trash. The building has been seismically retrofitted to meet modern safety standards. Residents enjoy community amenities including on-site laundry, bike racks, billiards, ping pong tables, and an exercise room. Although there is no on-site parking, third-party parking options are available nearby. Whether you're looking for a primary residence, downsizing, a city retreat, a workspace, an art studio, or an investment opportunity, this historic gem offers classic architecture and unbeatable convenience. Three blocks to the Metro B/D Line at Westlake/MacArthur Park, with easy access to DTLA, LA Live, Crypto.com Arena (formerly Staples Center), and USC. Come experience the light, the views, and the historic location for yourself. Don't miss it. Showings are available by appointment.

2121 James M Wood Boulevard Unit 202, Los Angeles

877 Francisco Street Unit 609, Los Angeles

$399,000

1 Beds ⋅ 1 Baths ⋅ 26999617 MLS ⋅ Active Status

Rediscover Downtown Los Angeles' iconic address for premier high-rise living. Featuring innovative, contemporary architecture by the award-winning Gensler, residences at Metropolis maximize light, air and views, with floor-to-ceiling windows framing panoramic vistas of the Los Angeles skyline and Hollywood Hills beyond. Soaring ceilings rise above versatile, open floor plans, while highly curated modern detail and refined finishes enhance the living experience from within. This home in the sky features are expansive great rooms, gracious master bedroom suites, walk-in closets and seamless, chef-caliber kitchens. Elevated resident-only amenities include over 1.7acres of indoor and outdoor amenities, from a heated outdoor pool and hot tub, billiards room and clubhouse, world-class fitness center with cycle/yoga room, business center, conference room, media room and more.

877 Francisco Street Unit 609, Los Angeles

$1,650,000

16 Beds ⋅ 8 Baths ⋅ 26999373 MLS ⋅ Active Status

6701 S San Pedro is an eight-unit apartment complex located in South Los Angeles, near Gage and east of the110 freeway. The building has an excellent unit mix of (2) 4 bedroom - 2 bath units, (2) 4 bedroom -1.5 bath units, (3) 3bedroom 1.5 bath units and 1-3 bedroom 1 bath unit. The complex is huge, boasting 10,670 square feet for an average of over 1,300 square feet per unit. The structure is situated on a corner lot and contains 7,040 square feet. Tenants will appreciate the large parking area behind the apartments. The building is in good condition, shows well and stands out in the area. Currently, the property is producing $13,845 per month. However, because the rents are substantially below market, this property has a market GRM of 6.03 and a market CAP of 12.67%. This is outstanding opportunity for an investor that understands how to utilize strategies to get the rents to market and enjoy double digit returns

6701 S San Pedro Street, Los Angeles

$1,475,000

12 Beds ⋅ 12 Baths ⋅ 26999237 MLS ⋅ Active Status

Situated in the highly desirable Pico-Union submarket of Central Los Angeles, these multi-family assets at 924-930 S Grand View Street present a compelling investment opportunity characterized by strong urban infill fundamentals and enduring rental demand. Built in 1941, the properties feature classic architectural character across two well utilized parcels totaling 15,033-square-feet, offering approximately 8,276 gross square feet of residential space. Its strategic location just minutes from Downtown Los Angeles and Koreatown ensures exceptional proximity to major employment hubs, transit corridors, and neighborhood retail amenities, driving consistent tenant pool depth and low historical vacancy. Furthermore, the property's LAR4 zoning designation provides robust underlying land value and future redevelopment potential, making it an ideal acquisition for investors seeking a combination of stable near-term rental cashflow and long-term appreciation in a high-demand submarket. Currently the 2 six-unit buildings are producing $13,559 per month, with, at least, 50% upside upon turnover. The buildings contain 12-1 bedroom units, averaging almost 700sf each. Listed at a 6.1% CAP Rate, a 8.94 GRM and $122,917 CPU, this deal checks all of the boxes. These two buildings are on separate lots with their own APN's.

Los Angeles

$1,000,000

6 Beds ⋅ 6 Baths ⋅ 26998963 MLS ⋅ Active Status

Positioned in the core of the dynamic Pico-Union submarket at 945S Park View St, this multi-family property offers an exceptional urban investment opportunity characterized by strong historical character and significant operational upside. Originally constructed in 1903, the low-rise asset features desirable walk-up style apartments with spacious layouts that average almost 1,300 square feet per unit, complemented by classic architectural details such as crown molding and individual unit balconies. Situated on a 6,788 square foot lot with a highly walkable neighborhood score, the location provides tenants with immediate access to local retail, public transit corridors, and nearby employment centers in Downtown Los Angeles and Koreatown. The scheduled gross income is currently $8,174 per month. This is an attractive value-add profile for investors seeking long-term growth in a high-demand rental market

945 S Park View Street, Los Angeles

$360,000

1 Baths ⋅ PW26220395 MLS ⋅ Active Status

Welcome to an exceptional opportunity to own this luxury high-rise condo on the 17th floor of Tower II, offering an urban retreat in the heart of Downtown Los Angeles. This 519 sq. ft. residence features an open-concept layout with floor-to-ceiling windows that bring in abundant natural light and beautiful city views. The unit includes custom-built cabinetry, refrigerator, soaking bathtub, and in-unit washer and dryer. Residents enjoy an impressive collection of resort-style amenities, including 24-hour security and concierge service, swimming pool, fitness center, garden, fire pit and relaxation areas, billiard room, dog park, theater room, and business center. HOA dues include water, gas, and parking. Conveniently located just blocks from fine dining, entertainment, shopping, boutiques, and everything Downtown LA has to offer. Motivated Sellers – Bring Your Offers! Schedule your private tour today!

877 Francisco Unit 1717, Los Angeles

$924,900

DW26217441 MLS ⋅ Active Status

REMODELED VACANT BOTTOM UNIT IN A NO RENT CONTROL AREA – PRIME INVESTMENT OPPORTUNITY NEAR USC MEDICAL CENTER! Attention investors! Take advantage of this incredible opportunity to own a duplex featuring a REMODELED, VACANT UNIT in a reported NO RENT CONTROL AREA! Welcome to 2500 Fairmount St, Los Angeles, CA 90033, an investment property strategically located near Los Angeles General Medical Center (formerly LAC+USC Medical Center) and USC's Health Sciences Campus. This duplex features two units, each offering 3 bedrooms and 1 bathroom, with approximately 1,520 sq. ft. of total living space. With one unit already remodeled and vacant, investors have the opportunity to establish their own rental strategy without the added expense of renovating that unit. LOCATION IS KEY! Situated near one of Los Angeles' major medical corridors, this property presents an attractive opportunity for investors looking to capitalize on potential rental demand from traveling nurses, healthcare professionals, medical residents, and hospital staff seeking convenient housing near their workplace. Great opportunity for traditional long-term rentals or furnished mid-term housing for traveling medical professionals, this property offers flexibility to explore multiple income-generating strategies, subject to applicable regulations. Conveniently located near Downtown Los Angeles, major freeways, public transportation, shopping, dining, and employment centers, this duplex combines accessibility with investment potential. ONE REMODELED VACANT UNIT! NO RENT CONTROL AREA! SIX TOTAL BEDROOMS! PRIME LOCATION NEAR MAJOR MEDICAL FACILITIES! Whether you're expanding your investment portfolio or exploring the growing traveling healthcare professional rental market, this property offers an opportunity to establish a valuable income-producing asset in Los Angeles. Don't miss out! Schedule your private showing today and explore the investment potential this duplex has to offer!

2500 Fairmount, Los Angeles

877 Francisco Street Unit 1506, Los Angeles

$900,000

2 Beds ⋅ 2 Baths ⋅ 26996453 MLS ⋅ Active Status

Sweeping city views, floor-to-ceiling windows, and thoughtful upgrades define this two-bedroom, two-bath corner residence at Metropolis Tower II. Spanning approximately 1,311 square feet, the open layout pairs warm wood flooring with a sleek kitchen featuring a generous center island, ideal for everyday living and entertaining. Custom California Closets and Wi-Fi-connected motorized shades are already installed, adding convenience and a beautifully finished feel throughout. The spacious primary suite offers custom closet storage and a bathroom with dual vanities. Miele appliances throughout, including the in-unit laundry, and two deeded parking spaces in a secured garage complete the home.Enjoy resort-style amenities, including a pool with cabanas, outdoor kitchens, a glass-enclosed dining pavilion, and a dog run. Indoor offerings include a private screening room, billiards lounge, fitness center with yoga studio, and a SkyLounge with panoramic city views. With 24-hour concierge service and controlled access, Residence 1506 offers an inviting blend of privacy, convenience, and full-service living in the heart of Downtown Los Angeles. Located in South Park, close to dining and events at LA Live, 7th & Fig, The Bloc, Whole Foods and more.

877 Francisco Street Unit 1506, Los Angeles

1111 S GRAND Avenue Unit PH6, Los Angeles

$1,490,000

2 Beds ⋅ 2 Baths ⋅ 26996485 MLS ⋅ Active Status

A distinguished penthouse offering at Elleven, this completely remodeled South Park residence pairs refined designer finishes with expansive panoramic views and exceptional indoor-outdoor living. Dramatic floor-to-ceiling windows frame the cityscape, while a spacious private balcony creates an inviting setting for alfresco dining and entertaining above Downtown Los Angeles. The expansive living area flows into a beautifully appointed kitchen featuring a generous island and premium Viking appliances. Italian lighting fixtures and designer Kohler plumbing fixtures add sophistication throughout the home. The spacious primary suite offers a large walk-in closet and an elegant ensuite bathroom. The former den has been converted into a second bedroom, providing versatile space for guests or a private office. A generous utility/storage room with an extra-large-capacity washer and dryer, two deeded tandem parking spaces with an EV charger, and a balcony gas connection for a private BBQ enhance everyday convenience. Building amenities include 24/7 security and concierge service and an impressive half-acre outdoor terrace featuring a fenced lap pool, spa, sundeck, BBQ area, and inviting lounge spaces. South Park DTLA is positioned at the center of major neighborhood transformation leading into the 2028 Olympics, with Crypto.com Arena designated within the LA28 Downtown venue zone and the long-stalled Oceanwide Plaza megaproject next to LA Live now under new ownership, with exterior cleanup efforts underway. These developments underscore the potential long-term upside, renewed investment interest, and Olympic-driven momentum in this premier Downtown micro-market. An exceptional opportunity to acquire a remodeled penthouse in one of Downtown Los Angeles' premier residential neighborhoods. Seller reports that a revision reflecting the second-bedroom conversion has been submitted to the City of Los Angeles. Buyers are advised to independently verify all property details. AGENTS: Please see private and showing remarks.

1111 S GRAND Avenue Unit PH6, 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.