Los Angeles Southwest (C34) Homes under $1.5 million

Welcome to the vibrant and diverse neighborhood of Los Angeles Southwest (C34), a hidden gem nestled in the heart of Los Angeles County. This region is known for its rich cultural tapestry, featuring a blend of historic charm and modern amenities that cater to a variety of lifestyles. With its proximity to downtown Los Angeles and the stunning Southern California coastline, residents enjoy the best of both worlds—urban convenience and natural beauty.

Los Angeles Southwest is characterized by its eclectic architecture, from classic California bungalows to contemporary homes that reflect the innovative spirit of the city. For those seeking a home under $1.5 million, this area offers an impressive selection of properties that provide excellent value. Whether you’re a first-time homebuyer, a growing family, or looking to invest, you’ll find a range of options that meet your needs and budget.

The community is well-connected with public transit options and major highways, making commuting a breeze. Plus, you’ll find an abundance of local parks, recreational facilities, and vibrant shopping districts that enhance the quality of life. The area is also known for its inviting neighborhoods, friendly atmosphere, and a strong sense of community, making it an ideal place to call home.

With a dynamic real estate market, Los Angeles Southwest (C34) is a fantastic choice for those looking to invest in a home that offers both comfort and convenience. Explore the possibilities today and discover your perfect sanctuary in this remarkable region!

Newest Los Angeles Southwest (C34) Homes under $1.5 million

$579,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

INVESTOR'S GEM IN THE HEART OF LOS ANGELES! Opportunity awaits with this 3-bedroom, 1-bath fixer offering a blank canvas for an investor, developer, or buyer ready to bring their vision to life. An additional bathroom has also been added to the property. Situated on a nice-sized lot with a detached one-car garage, the property offers plenty of room to reimagine, renovate, and create something truly special. Whether restoring the existing home or exploring other possibilities, bring your creativity and discover the potential this property has to offer. Conveniently located near USC, SoFi Stadium, Crypto Arena, the 110 Freeway, and many of Los Angeles' major destinations, this property combines location with opportunity. Bring your contractor, your imagination, and your vision-this could be the project you've been waiting for! Property is being sold AS-IS in its present condition. Seller will make no repairs. Buyer to verify square footage, additions, permits, zoning, and all property information to their satisfaction.

1441 W Gage Ave, Los Angeles

Courtesy of Keller Williams Larchmont, Terry Lloyd - CA DRE#01280429

$785,000

4 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Classic Los Angeles character with room for your next chapter. Set on an approximately 6,800-square-foot lot, this 1911 Craftsman offers four bedrooms, approximately 1,350 square feet of living space, and an opportunity to bring your own vision to an established home near USC and Exposition Park.A welcoming covered front porch, broad window groupings, period trim, and warm wood flooring give the home an inviting starting point. The single-story layout offers flexibility, while the generous backyard, covered outdoor area, and long driveway provide space to imagine a garden, outdoor dining, or a more personalized retreat.Offered in its present condition, the property will appeal to buyers ready to renovate a home to their taste, as well as contractors and investors evaluating their next project. Reported LAR2 zoning adds another avenue to investigate, including potential expansion, an ADU, or other residential development, subject to buyer verification and applicable City approvals.Enjoy access to the cultural and recreational destinations surrounding Exposition Park, from the Natural History Museum and California Science Center to the Rose Garden, Coliseum, and BMO Stadium. Nearby Metro E Line service offers connections to Downtown Los Angeles, Culver City, and Santa Monica.Bring your plans and an appreciation for the home's original characterthere is an opportunity here to shape both the house and the space around it.

1528 W 36th St, Los Angeles

Courtesy of Keller Williams Studio City, Anita Rich - CA DRE#00782527

$589,000

4 Beds ⋅ 3 Baths ⋅ ACTIVE Status

A unique opportunity with two separate living areas and incredible flexibility for an owner-user. The main residence features 3 bedrooms and 2 bathrooms and has recently been refreshed with new interior paint, new flooring, electrical updates, and plumbing repairs.At the rear of the property is a detached structure currently configured with 1 bedroom, 1 bathroom, a kitchen, and an additional bonus room/office. Public records reflect the structure as an approximately 360 SF permitted accessory garage with a Certificate of Occupancy. The property is situated on an approximately 5,248 SF R2-1-CPIO lot and may offer additional possibilities, including potential Junior ADU/ADU opportunities, subject to City requirements and buyer verification. Both spaces are delivered completely vacant, giving the next owner flexibility from day one. Conveniently located near major freeways with access to USC, Downtown Los Angeles, shopping, dining, and other local amenities.Updated, vacant, and offering a rear structure with an existing residential-style configuration this is a property with options worth exploring.

1428 W 54th St, Los Angeles

Courtesy of Compass, Juan Pena - CA DRE#01883397

$850,000

5 Beds ⋅ 2 Baths ⋅ ACTIVE Status

FIXER with great potential! Rare USC/Exposition Park investment opportunity featuring TWO DETACHED HOMES on an approximately 6,800 SF LAR2 lot, including a permitted detached ADU. Property is in need of repairs and updating, offering an excellent value-add opportunity for investors or owner-users. BOTH UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW, providing maximum flexibility to renovate, occupy, or lease. Located near USC, the property may offer excellent potential for student housing or other rental investment opportunities. Live in one and rent the other, or explore the income potential of both units. Conveniently located near USC, Exposition Park, the Lucas Museum, Metro E Line, Downtown LA, Koreatown, and major freeways. No HOA.

1448 W 36th St, Los Angeles

Courtesy of KORUS Real Estate, Michelle Suh - CA DRE#01335563

$1,350,000

7 Beds ⋅ 5 Baths ⋅ ACTIVE Status

We are pleased to present 1318 W. 35th Place, a 3-unit student housing and redevelopment investment located within the prestigious DPS patrol zone and within walking distance to the Campus and USC Village. The property will be delivered 100% vacant, providing an investor with the flexibility to immediately renovate, reposition, lease, or redevelop the asset. The investment is situated on an approximately 6,803-square-foot LARD1.5-zoned lot and features three spacious residences totaling 7-bedrooms and 5-bathrooms across approximately 2,879 square feet. The unit mix consists of (1) 4-bedroom + 3-bathroom unit, (1) 1-bedroom + 1-bathroom unit, and (1) 2-bedroom + 1-bathroom unit. The property will be delivered 100% vacant and fully furnished, providing a new owner with a turnkey opportunity to immediately lease the units to USC students at market rents. Based on projected rents, the existing unit mix offers the potential to generate approximately $10,000 in monthly gross rental income following lease-up. The property offers convenient access to USC Village, Trader Joe's, Target, Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum, the California Science Center, dining, shopping, and the Metro E Line.With 100% vacant delivery, a flexible existing unit mix, strong projected rental potential, and multiple value-add and redevelopment strategies, 1318 W. 35th Place represents a compelling opportunity to acquire a well-located student housing investment in the highly desirable USC submarket. Please contact the listing agent for the financial analysis and executive summary.

1318 W 35th Pl, Los Angeles

Courtesy of Keller Williams Hollywood Hills, Davis Saadian - CA DRE#01921748

$1,100,000

12 Beds ⋅ 7 Baths ⋅ ACTIVE Status

We are pleased to offer 972 W. 47th Street, a fully occupied five-unit multifamily investment property located in Los Angeles, California 90037. The property offers an attractive unit mix consisting of three two-bedroom, one-bathroom units, and two three-bedroom, two-bathroom units. The improvements total approximately 4,300 rentable square feet and are situated on two adjacent parcels (APN #'s 5018-010-020 & 5018-010-023) totaling approximately 6,760-square-feet. The property also provides ample on-site parking for residents. Offered at $1,100,000, the property represents a stable, income-producing investment opportunity with an attractive 7.30 gross rent multiplier and a 9.07% capitalization rate. The property is currently fully occupied, providing an investor with immediate and consistent rental income from the date of acquisition. Recent capital improvements include all five of the units being recently renovated within the last five years prior to tenant move-in as well as a recently installed Ring security system. The property also allows future ADU potential with a large rear garage/storage area that can be converted to increase rental income (buyer to verify). With its strong current cash flow, favorable unit mix, recent improvements, and full occupancy, 972 W. 47th Street offers investors a compelling opportunity to acquire a stabilized multifamily asset at an attractive basis in the Los Angeles market.

972 W 47th St, Los Angeles

Courtesy of BRC Advisors- BH, Griffin White - CA DRE#02031785

$499,000

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Attention experienced investors! This 1908 Craftsman home hasn't been on the market in 60 years and is ready for its next chapter. Whether you're an investor, developer, or buyer with vision, this is a fixer upper that will provide you the opportunity to restore, reimagine, and create something truly special. The home is zoned R2-1 and offers 1291 sq ft of living space, including 3 bedrooms, 1 bathroom, decorative fire place, formal dining and living rooms, and an expansive back yard that is situated on a 7503 sq ft lot. Beneath its current condition lies an architectural gem that is ready to be revealed. A new roof was installed in 2022 along with the leased solar panels. It is nestled between Vermont Square and Exposition Park and minutes away from USC and Downtown L.A. This property is being sold AS-IS. All buyers must see the property prior to submitting an offer.

4108 Halldale Ave, Los Angeles

Courtesy of Keller Williams Larchmont, Dolann Adams Crane - CA DRE#02173477

$1,000,000

5 Beds ⋅ 3 Baths ⋅ ACTIVE Status

Presenting this gated Exposition Park duplex, set back from the street with ample parking and a grassy yard. Live in one and rent out the other, or add this to an investment portfolio for passive income. Plans are available for an approximately 1,200-square-foot ADU (buyer to verify local requirements). The front-facing home includes a large porch for cooling off on warm days and a rich wooden front door that opens into the formal dining room, complete with fireplace and wood floors that flow throughout the public spaces. The cheerful kitchen includes a farm sink, ample cabinetry, and stainless-steel appliances. The formal dining room has coffered ceilings and a built-in china cabinet, and there is a bonus room/office that is perfect for work, study, or play, with a variety of possibilities. The second home is a two-story layout and is accessed at the rear of the property. It includes an updated kitchen and bathrooms as well as stackable laundry. There is also a two-car detached garage. Welcome to this central location close to USC, the LA Memorial Coliseum, BMO Stadium, the 10 and 110 Freeways, Metro E line (Expo), and Downtown Los Angeles.

1610 W 36th Pl, Los Angeles

Courtesy of Compass, Sally Forster Jones - CA DRE#00558939

$1,050,000

4 Beds ⋅ 2 Baths ⋅ ACTIVE Status

New renovated Craftsman house. 2427sq & 7800 sq. Large front and back yard with 4 beds and 2 baths. central aircon and central heater. 4 parking spaces. new double glass window and new blinds. Detached garage with washer/dryer hook-up and plenty of storage space. home completely upgraded. new grass in back yard. Inside upgraded electrical, plumbing, hardwood/ laminate floor and tile. kitchen brand new cabinet. new cabinet lighting. black galaxy granite counter-top. every rooms have new lighting, fixtures and fans. CCTV inside. Brand new cool roof with 40 years warrantee and save -energy costs. Brand new energy efficient window through-out in home. new painting outside. Buyer Imagine the possible ADU. near to USC. BMO stadium and LA Colosseum. near Downtown.

804 W 55th St, Los Angeles

Courtesy of Bee Investment, Inc., Anna Hae Ran Gee - CA DRE#01239226

$825,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

This beautiful early 20thCentury Craftsman style home features 3 bedrooms, 2 bathrooms, and bonus rooms, Roof 14 years New, Attic complete insulation 3 years new, remodeled 3rd Bedroom and 2nd Bathroom. Located in one of Los Angeles' most desirable neighborhoods. Loved by one generational family for more than fifty years, this property offers timeless character and exceptional potential for both first time homebuyers and investors. The home boasts rich cherrywood trim moldings, an original fireplace, dual pane bay windows, original hardwood flooring, and mature lemon, avocado, and lime trees rooted in fertile soil. Conveniently situated within one mile of USC, the LA Memorial Coliseum, the Natural History Museum, and Exposition Park, and within two miles of the 10 and 110 freeways. The property sits on a huge lot and will be delivered vacant. "Sold As Is"

4219 Kenwood Ave, Los Angeles

Courtesy of Four Seasons Realty & Management Inc., Aggie Patton - CA DRE#01172546

$1,100,000

5 Beds ⋅ 3 Baths ⋅ ACTIVE Status

An exceptional opportunity for investors, developers, or owner-users in the USC/Exposition Park area. This approximately 7,000-square-foot lot currently features two separate residential units, offering immediate flexibility with significant potential for future development. The front residence is an approximately 1,400 sqftt 3-bed, 2-bath home, complemented by a detached rear unit of approximately 600 sqft with 2 bedrooms and 1 bath. The detached configuration provides excellent separation between the two residences and creates a compelling setup for an owner-user, multigenerational household, or investor. Adding to the property's upside is an existing garage with potential for ADU conversion. The property is zoned LARD1.5 (Restricted Density Multiple Dwelling). The potential for up to four additional units creates an attractive development scenario for buyers looking to maximize the site's residential potential. Situated approximately one mile from USC, the property offers convenient access to the University of Southern California, Exposition Park, Downtown Los Angeles, and surrounding transit and amenities. Whether you're seeking an income-producing property, a property with room to expand, or a development opportunity in a high-demand Los Angeles location, the property presents a rare combination of existing housing and future upside.

1379 W 37th Pl, Los Angeles

Courtesy of Coldwell Banker Realty, Sergio Guizar - CA DRE#02034357

$775,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

MAJOR PRICE REDUCTION. Located in the historic Vermont Square neighborhood, this modern, two-story home features over 1,500 sq. ft., three bedrooms, and one-and-a-half bathrooms, one conveniently located on each floor. Toward the rear of the house, a den and open kitchen provide easy access to outdoor entertaining in the large rear yard. There is direct access from the attached garage into the living room with abundant storage space that easily accommodates two cars. There is a great opportunity to utilize some of the space in the backyard for an ADU or additional units and still have plenty of space remaining to enjoy summer nights and morning sun; the lot is zoned R2. Once you see this house and recognize all the potential that exists, it makes you want to move in right away.

4322 Denker Ave, Los Angeles

Courtesy of The Real Estate Factory, Bennie Terry - CA DRE#00708808

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