Metropolitan South (C37) Homes with One Level Stories

Metropolitan South (C37) Homes with One Level Stories

Welcome to the vibrant heart of the Metropolitan South (C37) region in Los Angeles County, California—a diverse and dynamic area that perfectly embodies the spirit of Southern California living. This thriving metropolis is known for its rich cultural tapestry, eclectic neighborhoods, and an array of amenities that cater to every lifestyle. From trendy boutiques and gourmet dining to expansive parks and entertainment venues, the Metropolitan South area offers an unparalleled urban experience.

One of the standout features of this region is its charming collection of one-level story homes. These single-story residences are perfect for those seeking convenience and accessibility without sacrificing style or comfort. With spacious layouts and open floor plans, these homes provide an inviting atmosphere, ideal for both entertaining and everyday living. Whether you're a first-time homebuyer, a retiree, or looking to downsize, one-level homes in Metropolitan South offer the perfect blend of functionality and elegance.

In addition to their practical design, many of these homes boast beautiful outdoor spaces, allowing residents to fully embrace the California sunshine. Imagine sipping your morning coffee on a sun-drenched patio or hosting weekend barbecues in a lush backyard oasis. The one-level story homes in this area are not just places to live; they are spaces where memories are made.

With its prime location and diverse offerings, Metropolitan South (C37) is a wonderful place to call home. Discover the charm and convenience of one-level living in this remarkable region, where every day feels like a new adventure waiting to unfold.

Newest Metropolitan South (C37) Homes with One Level Stories

$925,000
10 Beds 5 Baths 26961201 MLS Active Status
We are pleased to present 125 E 104th St, a five-unit multifamily property in the Green Meadows neighborhood of South Los Angeles. The property features a classic fourplex paired with a 2022-built ADU, comprised entirely of spacious 2-bedroom, 1-bathroom units. Offered at $925,000, the property represents an attractive entry point at approximately $185,000 per unit. Priced at a 9.08% CAP rate and 7.61 GRM based on current income, the property offers strong in-place cash flow with meaningful upside potential. Current HACLA Voucher Payment Standards support a potential 11.15% CAP rate and 6.48 GRM as units are leased to voucher holders over time. New ownership has two potential paths to increased income. Rents can be moved toward market as units turn over, or units may be leased to Section 8 voucher holders at HACLA payment standards that frequently meet or exceed market rents in this submarket. With HACLA emerging from shortfall status, voucher issuance resuming, and approximately 2,700 emergency voucher households expected to transition into the regular program this fall, the timing presents an opportunity for future rental upside. At just $185,000 per unit, the property offers one of the lower per-unit bases for a comparable income-producing asset in the market. The uniform unit mix and modern 2022 ADU provide strong occupancy potential, straightforward management, and lower near-term maintenance requirements. The property also qualifies for 100% bonus depreciation under the One Big Beautiful Bill Act, potentially making it an attractive candidate for a cost segregation study to accelerate depreciation deductions in the early years of ownership. Located in South Los Angeles, the property is positioned within a dense, high-demand rental corridor anchored by major employers including Martin Luther King Jr. Community Hospital. The property also offers convenient access to the 110 Harbor Freeway, 105 and 710 Freeways, and the Metro A (Blue) Line, located approximately one mile away.

125 E 104th Street, Los Angeles

$650,000
CV26193403 MLS Active Status
We are proud to present 5917 Converse Avenue and 1905 E 78th Street — a two-property multifamily portfolio consisting of two separate 4-unit properties located in the Florence-Graham neighborhood of Unincorporated Los Angeles. The properties can be purchase together or individually. 5917 Converse Avenue offers approximately 2,550 SF of rentable living area across two separate structures situated on a generous 8,457 SF lot. The property consists of four 1-bedroom/1-bathroom units, averaging approximately 638 SF per unit. The property is currently generating just over $38,000 in annual rental income, equivalent to approximately $789 per unit per month. An investor familiar with prevailing market rents for comparable units in the surrounding area will recognize a significant opportunity to increase revenue, with the potential to capture more than $1,000 of additional monthly rental income per unit. Upon stabilization, the property offers the potential to achieve an approximately 9.69% CAP Rate and 7.47 GRM. The Florence-Graham neighborhood is a strongly renter-oriented market, with more than 65% of occupied housing units being renter-occupied. Strategically positioned near the I-110, I-105, and I-710 freeways, the portfolio offers convenient access to major employment centers throughout Los Angeles County. Downtown Los Angeles is approximately 6 miles north, providing access to one of the region's largest employment hubs. Tenants also benefit from proximity to the Florence Metro Station, providing rail connectivity to Downtown Los Angeles and Downtown Long Beach. Numerous grocery stores, big-box retailers, neighborhood shops, restaurants, schools, parks, and other daily-needs amenities are located throughout the surrounding area.

5917 Converse, 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.