Downtown L.A. (C42) Homes with Two Levels Stories

Welcome to the vibrant heart of Downtown Los Angeles (C42), where urban sophistication meets rich cultural heritage. This dynamic neighborhood is a melting pot of creativity, commerce, and culinary delights, making it one of the most sought-after locations in Southern California. With its iconic skyline, Downtown L.A. offers a unique blend of historic architecture and modern living, providing residents with an unparalleled lifestyle.

As you explore the area, you’ll discover an array of amenities, from world-class dining options to trendy boutiques and bustling markets. The Arts District, just a stone’s throw away, is home to stunning galleries and street art that celebrate the city’s creative spirit. For those who appreciate green spaces, the revitalized Grand Park provides a serene escape amidst the urban hustle, perfect for picnics or leisurely strolls.

If you’re in the market for a home with character, you’ll find an enticing selection of two-story residences that perfectly encapsulate the essence of Downtown L.A. These homes boast spacious layouts, often featuring open-concept designs that invite natural light and foster a sense of community. With multiple levels, they offer the flexibility to create distinct living areas, whether it’s a cozy family space or a chic home office.

Living in Downtown L.A. means being at the center of it all, with easy access to public transportation, entertainment venues, and cultural hotspots. Embrace the allure of urban living in a two-story home that not only meets your needs but also elevates your lifestyle. Discover your perfect sanctuary in this iconic cityscape today!

Newest Downtown L.A. (C42) Homes with Two Levels Stories

$949,000

2 Beds ⋅ 3 Baths ⋅ OC26171146 MLS ⋅ Active Status

Experience elevated Downtown Los Angeles living in this north-facing two-story penthouse at Skyline Condominiums. This spacious 2-bedroom, 2.5-bath residence offers approximately 1,602 square feet with hardwood floors, a private balcony, abundant natural light, panoramic city views from both levels, central heating and air conditioning, a separate laundry room, and two side-by-side assigned parking spaces. Skyline's resort-style amenities include 24-hour concierge, controlled access, pool, spas (currently under renovation), fitness center, racquetball and pickleball courts, sauna, recreation room, BBQ areas, secured underground parking, and guest parking. Ideally located in the heart of South Park, across from Ralphs, near Whole Foods, Grand Hope Park, FIDM, LA LIVE, Crypto.com Arena, dining, shopping, entertainment, Metro access, and major freeways.

600 W 9th Unit 1508, Los Angeles

$1,897,966

13 Beds ⋅ 8 Baths ⋅ 26854377 MLS ⋅ Active Status

Value-add opportunity with three vacant units. Amazing investment opportunity in the heart of Historic Filipino Town (HiFi)! This fully renovated, turnkey 5-unit apartment complex offers an exceptional value-add opportunity with three vacant units ready for immediate lease-up at potential Section 8 rental rates. Projections are based on Section 8 voucher amounts and rents from two occupied units. Potential buyers to conduct their own rent estimates to arrive at their own opinion of value. The property features an attractive unit mix of two 2-bedroom/1-bath units, two 3-bedroom/1.5-bath units, and one spacious 3-bedroom/2-bath unit. Each residence is thoughtfully updated and includes a stove, refrigerator, dishwasher, and in-unit stackable washer and dryer, central air and heat, making it highly desirable for today's tenants. Ideally situated just minutes from Silver Lake, Echo Park, Downtown Los Angeles, MacArthur Park, Lafayette Park, and the vibrant Beverly Boulevard corridor, this location provides outstanding access to shopping, dining, entertainment, and employment centers. Commuters will appreciate the close proximity to the Metro B (Red) and D (Purple) Lines as well as convenient access to the 101 and 110 Freeways. The property also includes 10 on-site parking spaces, offering the potential to generate additional income through parking rentals. 5 covered garage spaces are able to fit a small car, or used as storage spaces. Another 5 uncovered spaces offer the potential to generate additional income through rentals. Whether you're completing a 1031 exchange, expanding your portfolio, or seeking a stabilized asset with immediate upside, this rare opportunity combines strong cash-flow potential, renovated improvements, and a prime central Los Angeles location. Investors won't want to miss this one!

201 S Park View Street, Los Angeles

$635,000

2 Beds ⋅ 2 Baths ⋅ BB26170440 MLS ⋅ Active Status

Downtown Los Angeles living meets rare outdoor space in this Library Court live/work condo. Originally reimagined from the Los Angeles University Club in 2006, this two bedroom, two bath unit spans 1,330 square feet with soaring ceilings that make the space feel even more expansive. The main level offers hardwood flooring and a chef ready kitchen outfitted with custom 15 inch deep upper cabinets, a Dacor gourmet electric convection oven with smooth cooktop, a built in microwave/convection oven, dual Fisher & Paykel drawer dishwashers, a stainless clad refrigerator, and Caesarstone counters throughout. The main level bath is finished with Hansgrohe fixtures and hardware plus a custom steam shower, and the adjacent bedroom comfortably accommodates a king bed and full size dresser. Upstairs, the primary suite also fits a king bed with room to spare, and includes a custom closet system along with a built in desk, cabinetry, and a library nook, ideal for a home office setup. Lutron smart lighting throughout the unit can be controlled from your phone. Step outside to your own private retreat: a patio over 420 square feet, tucked into the heart of the financial district, complete with drip irrigated landscaping and dramatic evening lighting. Two deeded underground parking spaces in the gated garage complete the package. Library Court residents also enjoy a bamboo lined interior courtyard, media room, newly renovated fitness center, sun deck, and 24 hour attendant, all just steps from the best of Downtown LA.

630 W 6th, Los Angeles

$1,025,000

8 Beds ⋅ 4 Baths ⋅ 26867287 MLS ⋅ Active Status

Excellent investment opportunity in South Los Angeles! Not subject to Los Angeles City Rent Control. This recently remodeled duplex features two spacious townhouse-style units, each offering 4 bedrooms and 2 bathrooms. Both units are currently rented, providing immediate rental income. The property offers functional layouts, updated interiors, and plenty of on-site parking. The lot may also offer potential for additional development or ADUs (2 units). Buyer and buyer's agent must independently investigate and verify all zoning, permits, ADU eligibility, development possibilities, rents, square footage, and property information with the appropriate governmental agencies and professionals. A strong income-producing opportunity with remodeled units, desirable bedroom counts, ample parking, and potential for future growth.

1219 E 57th Street, Los Angeles

$699,000

1 Beds ⋅ 2 Baths ⋅ GD26167251 MLS ⋅ Active Status

Experience rare luxury living in the heart of Downtown LA with this stunning two-story loft at 1100 Wilshire Blvd. One of only nine exclusive two-level lofts in the building featuring a private balcony, Unit 1707 offers sweeping skyline views and an exceptional indoor-outdoor lifestyle rarely found in DTLA high-rises. This 1 bed, 2 bath loft spans approximately 1,080 sq. ft., showcasing soaring ceilings, dramatic floor-to-ceiling windows, and modern hardwood flooring. The open-concept kitchen features granite countertops, European-style cabinetry, and GE Profile stainless steel appliances. The upper-level bedroom includes a spacious walk-in closet and a spa-inspired ensuite with a soaking tub, dual vanities, and a separate shower. Enjoy unobstructed city views from your private balcony, and take advantage of unparalleled access to resort-style amenities—the unit sits on the same level as the 17th-floor Sky Deck, offering a rooftop pool, spa, cabanas, BBQ area, and fire pit just steps from your front door. Additional features include direct access to the parking elevators, in-unit laundry, and two parking spaces—one reserved with EV charging ready. This full-service building also includes 24-hour front desk/security, a fitness center, conference/media rooms, and a dog run. Located near LA Live, Whole Foods, Crypto.com Arena, and public transit, this rare offering combines modern comfort, urban convenience, and iconic views—perfect for professionals, creatives, or investors seeking a prime DTLA residence.

1100 Wilshire Boulevard Unit 1707, Los Angeles

$749,000

4 Beds ⋅ 3 Baths ⋅ 26866291 MLS ⋅ Active Status

986 East 51st is a charming Craftsman-influenced California bungalow duplex in South LA, offered at $749,000 with one unit delivered vacant. Built in 1912, the property totals approx. 1,937 SF and is comprised of a downstairs 3-bdrm./2-bath residence and a separate upstairs 1-bdrm./1-bath unit. The property has the warmth and scale of an early LA bungalow, with a covered front porch, gabled roofline, wood-sided exterior, mature landscaping, and a residential feel that gives it more character than a typical duplex. The downstairs 3-bdrm./2-bath unit has been updated with wood-style flooring, kitchen cabinetry, granite countertops, tile flooring in the kitchen, updated bathroom fixtures, and central A/C. The upstairs 1-bdrm. unit has also been updated and is vacant, giving a buyer the ability to move in, lease it at market rent, or decide how they want the property to work for them from day one. A rear carport, on-site parking area, and private yard space add everyday functionality for tenants or an owner-user. Located near Central Ave, Avalon Blvd, Vernon Ave, and the 110 Freeway, 986 East 51st Street sits within a South Los Angeles neighborhood setting with access to local retail, transit corridors, and major city anchors. The property is also approx. 3 miles east of USC, Exposition Park, USC Village, BMO Stadium, the LA Memorial Coliseum, The Shrine Auditorium, and nearby museums and public spaces. 986 East 51st Street offers a character-rich duplex with immediate flexibility, giving buyers a practical entry point into real estate ownership and long-term portfolio building.

986 E 51st Street, Los Angeles

$1,499,000

4 Beds ⋅ 2 Baths ⋅ P1-28200 MLS ⋅ Active Status

Originally designed as an open loft, this residence has been thoughtfully transformed into four distinct rooms with sleek sliding doors, blending architectural character with functional privacy. The redesign preserves the expansive volume and modern aesthetic of a true loft while creating defined spaces ideal for bedrooms, a home office, guest quarters, or a media room -- a rare configuration in this setting. The sliding door system allows for flexibility and flow, offering openness when desired and separation for comfort and quiet when needed. This presents a unique opportunity for a family to enjoy modern loft living in the heart of the city -- without sacrificing enclosed bedrooms and everyday practicality. A resort-style rooftop crowns the building, featuring a heated pool and spa, cabanas, BBQ areas, fire pits, a fully equipped fitness center, and breathtaking 360-degree skyline views -- an elevated extension of sophisticated urban living. Gated garage parking and 24/7 on-site security provide convenience and peace of mind. Step outside to experience the best of the Arts District, including Bavel, Girl & the Goat, Manuela, Verve, Blue Bottle, Hauser & Wirth, SoHo Warehouse, and more. With effortless access to Metro, train stations, and major freeways, this prime location offers the perfect balance of vibrant city energy and everyday ease.

510 S Hewitt Street Unit 107, Los Angeles

$1,600,000

11 Beds ⋅ 11 Baths ⋅ 26863481 MLS ⋅ Active Status

We are pleased to present 2127 Portland Street, an 11-bed USC student housing asset located less than one mile from USC Village and within the USC Department of Public Safety patrol zone. The offering consists of two separate structures on a 6,152 square foot lot: a large-format 7 bedroom / 7 bathroom main house and a newer townhome-style 4 bedroom / 4 bathroom ADU at the rear. The main house was taken down to the studs and fully renovated with new mechanical, electrical, and plumbing systems behind a classic North University Park facade. The rear ADU is newer construction built to current code. A buyer acquires renovated and new-build product without new-construction pricing, and without the deferred maintenance that typically comes with a pre-war USC rental. Seven-bedroom floor plans are scarce in the USC submarket and draw stronger rents from fraternities, sororities, athletic teams, and returning friend groups that need a full house under one lease. The 4+4 ADU serves the opposite end of the demand curve: individual students, graduate students, and young professionals who want newer, private, apartment-style living. Ownership can lease the property one group at a time, by the bed, or both, and can adjust that strategy every leasing season without a capital event. At $1,600,000, the pricing equates to $145,455 per bed and $430.69 per square foot, meaningfully below replacement cost for comparable new student housing product. Current rents of $8,200 per month on the main house and $5,000 per month on the ADU, plus $1,100 per month in utility income, produce $171,600 of scheduled gross income and $112,103 of net operating income, reflecting a 7.01 CAP and a 9.32 GIM on in-place numbers. USC Village sits less than a mile away and anchors the neighborhood commercially. The $700 million development delivered a Target, a Trader Joe's, and roughly 15 restaurants across 115,000 square feet of ground-floor retail, alongside 2,700 student beds and a 30,000 square foot fitness center. Tenants walk to groceries, dining, banking, and pharmacy without a car. The Harbor Freeway (110) is minutes away with on-ramps at Adams Boulevard, and the Santa Monica Freeway (10) sits just north of the property. The Metro E Line's LATTC/Ortho and Jefferson/USC stations serve North University Park with trains every 8 to 10 minutes during the day, putting Downtown employment centers roughly three miles north within reach of graduate students, medical residents, and recent graduates. The main house is a legal single-family residence and can be repositioned as a conventional owner-user or luxury single-family rental at any point, with the ADU providing separate income or family housing, so ownership retains the option to exit into the single-family market rather than only the student housing market. Separately, under the One Big Beautiful Bill Act, which permanently restored full first-year expensing for qualifying assets acquired after January 19, 2025, a buyer can pair a cost segregation study with accelerated depreciation to immediately deduct the short-life components of both structures. Given the extent of the recent renovation and the newer rear structure, that allocation is likely to be substantial.

2127 Portland Street, Los Angeles

$750,000

6 Beds ⋅ 3 Baths ⋅ DW26160611 MLS ⋅ Active Status

Exceptional Duplex Opportunity in the Heart of Los Angeles! Whether you’re an owner-occupant or a multi-family, this versatile 6-bedroom, 3-bathroom duplex offers outstanding potential. Live in one unit while generating rental income from the other, or add a strong income-producing property to your investment portfolio.Ideally situated just minutes from Downtown Los Angeles, this property provides convenient access to major freeways, shopping, dining, schools, public transportation, and many of the city’s top employment and entertainment destinations. With strong demand for housing in this central location, this duplex presents an excellent opportunity for long-term ownership and investment.Don’t miss your chance to own a valuable piece of Los Angeles real estate with both lifestyle and income potential. Schedule your private showing today!

1223 E 46th, Los Angeles

$749,000

3 Beds ⋅ 1 Baths ⋅ 26861493 MLS ⋅ Active Under Contract Status

A beautifully reimagined two-story residence tucked behind lush landscaping, this inviting home blends modern design with exceptional indoor-outdoor living. From the moment you arrive, the private, garden-like setting creates a welcoming retreat in the heart of Los Angeles.Inside, the bright open-concept floor plan is filled with natural light and features updated flooring, recessed lighting, dual-pane windows, and a stylish kitchen with custom cabinetry, updated countertops, stainless steel appliances, a butcher block island, and a walk-in pantry. Each bedroom features a walk-in closet, while a dedicated bonus office with additional storage offers the perfect space for working from home, hobbies, or everyday organization. Situated on an approximately 5,000 sq. ft. LAR2-zoned lot, the home's two-story design maximizes outdoor living space with a spacious backyard perfect for entertaining or relaxing. Additional highlights include a long driveway with parking for up to four vehicles, an EV charging outlet, reinforced foundation support, enhanced drainage, and solar security lighting. Conveniently located near Exposition Park, USC, public transportation, and major Los Angeles destinations, this home offers the perfect blend of privacy, comfort, and city convenience.

527 W 52nd Street, Los Angeles

$849,995

SB26146543 MLS ⋅ Active Status

Don't miss this rare opportunity to acquire a well-maintained, income-producing triplex in the heart of Los Angeles. Ideally situated just minutes from Downtown Los Angeles, the Arts District, and USC, this property offers investors a compelling combination of stable rental income, future appreciation, and value-add potential. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence has been meticulously cared for, providing a solid foundation for long-term ownership. Situated on a generously sized lot with ample off-street parking, the property may offer the opportunity to add an additional unit at the rear of the lot (buyer to verify with the City of Los Angeles), creating even greater income potential. Tenants are responsible for their own gas and electricity, helping to minimize operating expenses and maximize cash flow. Properties of this caliber, in this location, and with this level of upside rarely come to market. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity you won't want to miss.

725 E 40th Place, Los Angeles

$1,895,250

SR26138305 MLS ⋅ Active Status

*** This exceptional five-unit multifamily property presents a rare value-add opportunity in the heart of rapidly evolving Exposition Park, one of Los Angeles’ most active rental markets e The property features an attractive and versatile unit mix consisting of one 2-bedroom, 1-bathroom unit, two expansive 5-bedroom, 2-bathroom units, one 4-bedroom, 2-bathroom unit, and one 3-bedroom, 1-bathroom unit. The large unit configurations and flexible layout create outstanding income potential for investors pursuing student housing, traditional multifamily rentals, or alternative housing strategies in a consistently highdemand location .Ideally situated 10 minutes walk distance to the University of Southern California, the property benefits from close proximity to some of Los Angeles’ most iconic destinations, including the Los Angeles Memorial Coliseum, a featured venue for the upcoming 2028 Olympic Games, the highly anticipated Lucas Museum of Narrative Art located less than half a mile away, only 10 minutes walk or 0.5 miles away ; Exposition Park, the California Science Center, the historic Rose Garden, BMO Stadium, and the Expo Line Metro Station offering convenient access from Downtown Los Angeles to Santa Monica .The property also provides easy access to major freeways and public transportation, further strengthening its long-term desirability and tenant demand .Adding to its exceptional appeal, the property is sitting in a 9,894 sq ft lot and it will be delivered almost vacant, offering investors a rare opportunity to immediately reposition the property, establish market rents, and maximize future income potential .This is an outstanding opportunity to acquire a well-located multifamily asset in one of Los Angeles’ most dynamic and transformative neighborhoods.

1134 W 39th, 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.