Downtown L.A. (C42) Homes with Multi Level Stories

High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: • Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. • Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: • Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). • Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). • Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor.

1335 1337 E Adams, Los Angeles

$495,000

1 Baths ⋅ 26863109 MLS ⋅ Active Status

Modern Loft Living in the Heart of South ParkWelcome to Unit 237 at Market Lofts, where sleek design meets effortless downtown living.The open-concept kitchen features stainless steel appliances, Euro-style cabinetry, and Caesarstone counters with an oversized breakfast bar, perfect for cooking, dining, or working from home. Warm wood floors run throughout, and floor-to-ceiling windows open to a private patio, filling the space with natural light. Exposed concrete ceilings and columns add the industrial-chic touch Market Lofts is known for.The bedroom includes a custom walk-in closet, and the bathroom offers a clean, modern tub/shower combo.This unit sits on the same floor as the building's resort-style amenities: a sparkling pool, BBQ area, clubhouse, fitness center, and private screening room.Just moments from Crypto.com Arena, LA Live, The Bloc, FIGat7th, Whole Foods, and the Metro, this home puts you in the center of it all.

645 W 9th Street Unit 237, Los Angeles

$5,650,000

3 Beds ⋅ 4 Baths ⋅ 26862825 MLS ⋅ Active Status

Newly Reintroduced at an Exceptional Value, Now Offered at $5,650,000. This is one of the most compelling value opportunities currently available at The Ritz-Carlton Residences, Los Angeles, offering an exceptional price per square foot for a junior penthouse. Perched on the 46th floor, the highly sought-after and rarely available Penthouse G floor plan showcases breathtaking panoramic views extending from the Downtown skyline to the Pacific Ocean. Thoughtfully upgraded throughout, this sophisticated residence features three independent HVAC systems, motorized electric shades, and beautifully renovated spa-inspired bathrooms finished with premium materials. The expansive primary suite offers oversized dual walk-in closets, while the gourmet kitchen is equipped with top-of-the-line Miele appliances, including a built-in Miele wine refrigerator. A private office or den provides flexible space for today's lifestyle, and the residence includes the rare advantage of three dedicated valet parking spaces, an exceptional offering within the building. Residents enjoy legendary Ritz-Carlton service and exclusive access to world-class amenities, including a rooftop resort-style pool with private cabanas, a state-of-the-art fitness center, an 8,000-square-foot full-service spa, residents' lounge, screening room, conference facilities, 24-hour concierge, valet, and security. Designed by the internationally acclaimed architectural firm Gensler and developed by AEG, The Ritz-Carlton Residences represent the pinnacle of luxury high-rise living in the heart of L.A. LIVE, moments from Michelin-starred restaurants, http://Crypto.com Arena, Peacock Theater, premier cultural venues, and Downtown Los Angeles' finest entertainment.

900 W Olympic Boulevard Unit 46G, Los Angeles

$899,000

7 Beds ⋅ 3 Baths ⋅ 26862257 MLS ⋅ Active Status

PRICE IS TO SELL IMMEDIATELY!!! Great Income Opportunity in a high demand area.!!! this unique property features two separate houses in a lot. Front house is 2 story- upstairs has 4-bedroom, downstairs has 3-bedroom and 4 bathrooms altogether. 2 Rear units are 1 bed 1 bath each. Storage is converted into bonus room w/o permit. Front 7 bedrooms are rented individually and has income $ 2600 and will be added $ $2000 more if all rooms are occupied. Back 2 units income is $ 1880, each $ 940. It close to downtown freeways.

823 E Adams Boulevard, Los Angeles

$735,000

1 Beds ⋅ 2 Baths ⋅ 26861581 MLS ⋅ Active Status

Experience elevated living, quite literally, in this sophisticated 1-bedroom, 1.5-bath residence perched on the 34th floor of Metropolis Tower I, a 38-story luxury high-rise and one of Downtown Los Angeles' premier residential communities. Positioned among the highest floors in the building, floor-to-ceiling windows frame sweeping city views that shift with the light throughout the day, while the living and dining area is enhanced by contemporary finishes, wide-plank oak floors, and a well-appointed kitchen with a waterfall-edge quartz island and Bosch appliances. The primary suite includes a private bath with a soaking tub, and a convenient half bath with a stacked in-unit washer and dryer serves guests and everyday laundry needs alike. One dedicated gated parking space and additional storage complete the residence.Tower I residents enjoy access to an exceptional collection of resort-inspired amenities on the building's dedicated sixth-floor amenity deck, including a 24-hour concierge, attended lobby, resort-style pool with jacuzzi spa and cabanas, a fitness and yoga studio with locker rooms and steam room, private screening and billiard rooms, a putting green, business center, clubhouse, dog park, and beautifully designed indoor and outdoor gathering spaces. Metropolis spans an entire city block and offers convenient access to Hotel Indigo, on-site retail, L.A. LIVE, Crypto.com Arena, the Financial District, South Park, world-class dining, shopping, entertainment, and major transportation corridors, creating an exceptional urban lifestyle in the heart of Downtown Los Angeles.

889 Francisco Street Unit 3401, Los Angeles

$2,100,000

14 Beds ⋅ 5 Baths ⋅ SR26157423 MLS ⋅ Active Status

High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: • Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. • Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: • Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). • Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). • Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor.

1335 1337 E Adams, Los Angeles

$1,575,000

10 Beds ⋅ 9 Baths ⋅ 26859507 MLS ⋅ Active Status

Exceptional turnkey triplex featuring a newly constructed 3-bedroom, 3-bath ADU and two fully remodeled residences. This high-quality investment offers three spacious units consisting of a 5BD/4BA front home, a brand-new 3BD/3BA two-story ADU, and a remodeled 2BD/2BA rear home. All units feature modern finishes, updated plumbing, electrical, kitchens, baths, flooring, windows, and roofing. Property is fully leased with new tenancy generating approximately $10,650 per month in gross rental income. Tenants pay all utilities except water, minimizing owner expenses. Low-maintenance grounds with artificial turf and hardscape, plus on-site parking. An outstanding opportunity for investors seeking strong in-place cash flow rental income property in a high-demand Los Angeles rental market.

678 E 45th Street, Los Angeles

$920,000

1 Beds ⋅ 1 Baths ⋅ 26852147 MLS ⋅ Active Status

Welcome to the Historic Crown Jewel of Downtown, a one of a kind corner penthouse loft in Los Angeles' second oldest commercial building, Pan American Lofts. Also known as the Irvine Byrne Building and designated Historic-Cultural Monument No. 544, this iconic 41-residence Mills Act community offers property tax savings of up to 70%. Offered for the first time in 15 years, this exceptional penthouse presents a rare opportunity to own a residence that has had just one previous owner. The unit features an unobstructed view down Broadway, framing a bird's-eye view of the landmark Bradbury Building and the richly detailed Spanish Revival facade of the Million Dollar Theatre, sculpted by renowned artist Jo Mora. Soaring 17 foot ceilings, a lofted bedroom with hardwood flooring, and nine expansive east and south-facing brick framed windows create a bright and airy living space. A dramatic spiral staircase leads to the lofted bedroom and private rooftop sanctuary, offering panoramic city and Mountain View's ideal for rooftop gardening and entertaining. The unit includes a deeded subterranean parking space conveniently positioned near the elevator and access to the buildings central courtyard. Located in the heart of Downtown Los Angeles' Historic Core, Pan American Lofts is directly across from Grand Central Market and the Historic Broadway Metro station, with Little Tokyo, the Financial District, and some of DTLA's best dining, shopping, and entertainment just moments away.

253 S Broadway Unit 504, Los Angeles

$3,685,000

26854765 MLS ⋅ Active Status

We are pleased to present 1214 W 8th Street, a 37-unit SRO apartment building in the Westlake submarket of Los Angeles. Situated along a primary connector between Downtown LA and the surrounding neighborhoods, the property offers immediate freeway access and a perfect 100 Transit Score. Built in 1923 as a 39-room hotel and converted to residential use in 2010, the property received new tile flooring, doors, sinks and faucets, fresh paint, smoke detectors, and a security system at the time of conversion. The building has operated as a stabilized income-producing asset for over a decade since. The unit mix includes 21 SRO units with shared bathrooms and16 SRO units with private en-suite bathrooms, plus one retail space along 8th Street currently occupied by a mini market. Each floor is served by two bathrooms and two shower rooms for shared bathroom tenants. Additional building features include a large lobby, a ground-floor leasing office, and a basement storage area approximately one-quarter the size of the building footprint, which is not reflected in the recorded 12,936 SF. At the asking price of $3,685,000, the property is offered at $99,595 per unit and $284 per square foot, generating a current cap rate of 8.91% and a 6.63 GRM on in-place income. Income is further supplemented by a large billboard with direct 8th Street frontage and the ground-floor retail space, both of which contribute to the overall revenue profile and provide upside as leases turn. Westlake benefits from persistent renter demand anchored by proximity to Downtown LA employment, major healthcare institutions, and one of the most extensive public transit networks in the region. The submarket draws a stable, transit-oriented renter base and has historically maintained strong occupancy through varying market conditions.1214 W 8th Street is a well-located, cash-flowing SRO asset offered at an attractive basis with strong day-one returns and a clear path to increased income through rent-to-market. It represents a compelling opportunity for an investor seeking durable yield in one of Los Angeles' most supply-constrained urban submarkets.

1214 W 8th Street, Los Angeles

$2,395,000

22 Beds ⋅ 14 Baths ⋅ 26852721 MLS ⋅ Active Status

***Massive four unit new construction with TWELVE ON SITE PARKING SPOTS*** 946 E 21st st is a brand new 2026 construction 4 unit located conveniently near USC and downtown Los Angeles consisting of two 5 bedroom 3 bathroom units and two 6 bed 3.5 bathroom units. Highlighted by expansive floor plans, a quiet tree lined street, and unheard of 12 ON SITE PARKING SPOTS, this property is sure to attract long term tenants and lock in consistent rental income. With rents conservatively projected to eclipse $18,400, prepare to have an unheard of 7.1%+ in no time.

946 E 21st Street, Los Angeles

$338,000

1 Beds ⋅ 1 Baths ⋅ 26852729 MLS ⋅ Active Status

Charming 1-bedroom, 1-bath condominium located in a gated community near Downtown Los Angeles. This updated corner unit features an open floor plan, modern kitchen with quartz countertops and stainless steel appliances, luxury vinyl flooring, recessed lighting, and a remodeled bathroom. Enjoy two private balconies, in-unit washer/dryer hookups, central mini-split heating and cooling, and one assigned gated parking space. Community amenities include a pool, spa, BBQ area, and controlled access. Conveniently located near LA Live, Crypto.com Arena, shopping, dining, and major freeways.

1118 Valencia Street Unit 114, Los Angeles

$2,900,000

2 Beds ⋅ 3 Baths ⋅ 26851845 MLS ⋅ Active Status

Located in the historic Eastern Columbia Building, one of the nation's finest examples of Art Deco architecture, this is the largest penthouse ever constructed in the building. The multi-level residence features soaring ceilings, an open-concept kitchen, expansive dining area, and dramatic living space framed by a wall of windows that floods the home with natural light by day and spectacular DTLA skyline views by night. Every room enjoys panoramic city vistas, while designer finishes include premium appliances, stainless steel cabinetry, custom marble baths, hardwood floors, electronic shades, walk-in closets, custom lighting, and beautifully preserved historic details. The primary suite is a true centerpiece, highlighted by a vaulted skylight ceiling and sweeping views to the San Gabriel Mountains.Certified under the Mills Act, the Eastern Columbia offers substantial annual property tax savings. Residents enjoy 24-hour concierge and security, an onsite manager, rooftop fitness center, and one of Downtown's most iconic rooftop pool and lounge decks.Perfectly positioned for the 2028 Summer Olympics, the residence is within walking distance of multiple Olympic venues and events, as well as world-class dining, shopping, entertainment, cultural attractions, and expanding public transit. A rare opportunity to own one of Downtown Los Angeles' most iconic penthouse residences.

849 S Broadway Unit 1210, Los Angeles

Downtown L.A. (C42) Homes with Multi Level Stories

Newest Downtown L.A. (C42) Homes with Multi Level Stories