Los Angeles Southwest (C34) Homes with Multi Level Stories

Los Angeles Southwest (C34) Homes with Multi Level Stories

Welcome to the vibrant and eclectic region of Los Angeles Southwest (C34), a captivating area that perfectly encapsulates the diverse spirit of the City of Angels. Nestled in Los Angeles County, this dynamic neighborhood offers a rich tapestry of culture, community, and convenience, making it a sought-after destination for homebuyers looking to immerse themselves in the LA lifestyle.

Los Angeles Southwest is known for its unique blend of residential options, with homes featuring multi-level stories that provide both style and functionality. These multi-story residences not only maximize living space but also offer stunning views of the surrounding neighborhoods and the iconic LA skyline. Imagine enjoying your morning coffee on a balcony overlooking the bustling streets or hosting evening gatherings in a spacious living room that flows seamlessly into a beautifully landscaped backyard.

The area is characterized by its vibrant community, where local shops, restaurants, and parks are just a stone's throw away. Residents can explore a variety of cuisines, from trendy eateries to hidden gems, all while enjoying the warm California weather. With excellent schools and recreational facilities nearby, families will find that Los Angeles Southwest is not just a place to live, but a place to thrive.

Whether you're drawn to the architectural charm of multi-level homes or the lively atmosphere of the community, Los Angeles Southwest (C34) is a neighborhood that invites you to create lasting memories. Discover your dream home in this iconic region and experience the magic of Los Angeles living today!

Newest Los Angeles Southwest (C34) Homes with Multi Level Stories

$1,189,000
6 Beds 3 Baths 26856219 MLS Active Status
Some homes simply offer more possibilities! Positioned on an LAR4-zoned corner lot in one of Los Angeles' most centrally located neighborhoods, you'll enjoy convenient access to USC/University Village, Exposition Park, BMO Stadium, The Lucas Museum, CA Science Center, DTLA and easy access to the Westside. It's just steps from the Expo Line, offering the perfect landing place for students or commuters. Whether you're searching for a long-term investment, a multi-generational residence, or simply a home with room to grow, opportunities with this level of flexibility are increasingly rare. Beautifully updated and remarkably versatile, this striking two-story Craftsman is rich in character and thoughtfully refreshed. Currently functioning as two separate living spaces, each with its own kitchen and laundry area, the home offers incredible flexibility for a variety of living arrangements. The main level features two spacious bedrooms and 1.25 baths, while the upper level offers four bedrooms and one bath, creating an ideal setup for extended family, rental income or student housing. And then there's the bonus space. Detached from the main residence and complete with its own bathroom, it opens the door to even more possibilities, whether envisioned as a home office, creative studio, fitness space, or additional living area. Natural light pours through generous windows, highlighting hardwood floors, spacious living areas, and original details that give the home warmth and personality. Outside, multiple gathering spaces invite you to slow down and enjoy SoCal living. Brick patios, mature fruit trees, drought-conscious landscaping, and a private garden creates an inviting setting for entertaining, relaxing, or spending time with family and friends. A home with character. A property with possibilities. An investment in both your present and your future!

1476 W 37th Drive, Los Angeles

$2,975,000
46 Beds 39 Baths 26855605 MLS Active Status
We are pleased to present 1177 W. 37th Place, a fully entitled, ready-to-issue (RTI) ground-up student housing development located half a block from the University of Southern California. This is a rare opportunity for a developer or investor to acquire a shovel-ready, permit-in-hand project in one of Los Angeles' most supply-constrained and consistently performing rental submarkets, and to build and hold a brand-new, income-producing asset in the heart of the USC rental corridor. The current ownership has already carried the project through the time-consuming, capital-intensive, and risk-laden work of design, civil and structural engineering, full construction documents, plans, permits, and city approvals to a ready-to-issue status. An incoming buyer effectively steps in at the finish line of the entitlement process: this work is already complete, eliminating an estimated 12 to 18+ months of entitlement timeline and the associated discretionary risk. The buyer simply pulls permits and breaks ground. The approved plans, prepared by California Development & Design Inc., deliver a five-story, 19,900 GSF building - four levels of Type V-A residential over a Type I-A podium with ground-level parking and a residential lobby - comprising seven residential units plus a multi-level ADU (eight units total), 46 bedrooms and 39 bathrooms, purpose-built for a rent-by-the-bedroom student-housing model. The building is fully sprinklered (NFPA-13) and topped by a rooftop open space, and it additionally benefits from on-site parking income and a low-income housing subsidy component, diversifying the income stream beyond bedroom rents alone. On the economics, a developer acquires the RTI site at $2,975,000 and completes construction for an estimated all-in basis of roughly $8.85M - construction of approximately $5.09M plus financing and remaining costs. At stabilization, 46 bedrooms leasing at approximately $1,500 per bed, together with parking and subsidy income, generate approximately $860,400 of gross income and approximately $599,690 of net operating income, supporting a projected stabilized value of $10,000,000 at a 6.0% cap (12.1x GRM). That represents approximately $1.15M of value created over total cost and a ~6.8% return on cost, comfortably above prevailing market cap rates, with meaningful additional upside through refinance, rent growth, and a long-term hold.

1177 W 37th Place, Los Angeles

$3,498,000
44 Beds 44 Baths 26852685 MLS Active Status
We are pleased to present 1158 W. 37th Place, a fully entitled, ready-to-issue (RTI) ground-up student-housing development located less than half a block from the University of Southern California. This is a rare opportunity for a developer or investor to acquire a shovel-ready, permit-in-hand project in one of Los Angeles' most supply-constrained and consistently performing rental submarkets, and to build and hold a brand-new, amenity-rich asset in the heart of the USC rental corridor. Critically, the current ownership has already invested approximately $800,000 into the project's soft costs, including architectural design, full construction documents, civil and structural engineering, plans, permits, city fees, and holding costs, carrying the project all the way through to a ready-to-issue status. An incoming buyer effectively steps in at the finish line of the entitlement process: the time-consuming, capital-intensive, and risk-laden work of design and city approvals is already complete, eliminating an estimated 12 to 18+ months of entitlement timeline and the associated discretionary risk. The buyer simply pulls permits and breaks ground. The approved plans deliver a six-story, 24,137 GSF building (5-over-1, Type III-A over a Type I-A concrete podium) comprising seven residential units plus a multi-level ADU - 44 bedrooms and 44 bathrooms - purpose-built for a rent-by-the-bedroom student-housing model. By design, the project carries zero on-site parking under its TOC density-bonus entitlement, maximizing rentable area and lowering construction cost per buildable foot. The building was engineered for maximum profitability, sustainability, and tenant comfort as an intended owner-operated, long-term hold, and delivers a full amenity package: a fitness center, elevator, Parcel Pending package lockers in the lobby, a rooftop recreation deck with fire pit and BBQs, and secured bicycle parking. On the economics, a developer acquires the RTI site at $3,498,000 (inclusive of the ~$800,000 of completed entitlement work) and completes construction for an estimated all-in basis of roughly $8.88M - construction of $4.83M plus financing and remaining soft costs. At stabilization, 44 bedrooms leasing at approximately $1,500 per bed generate ~$792,000 of gross income and ~$636,079 of net operating income, supporting a projected stabilized value of $10,000,000 at a 6.36% cap (12.6x GRM). That represents approximately $1.12M of value created over total cost and a ~7.2% return on cost, comfortably above prevailing market cap rates, with meaningful additional upside through refinance, rent growth, and a long-term hold. Positioned within the USC rental corridor and the USC Department of Public Safety (DPS) 24/7 patrol area, 1158 W. 37th Place pairs premium, year-round, frequently parental-guaranteed student demand with a fully approved, permit-ready plan. For a developer or long-term investor, it is a rare chance to capture both the entitlement value already created and the durable, high-yield cash flow of a brand-new core asset. Located just steps from the USC campus and minutes from the Los Angeles Coliseum and BMO Stadium, this site puts world-class sports and entertainment right at your doorstep, from USC Trojans football to LAFC and Angel City FC. The opportunity grows even larger in 2028, when Los Angeles hosts the Summer Olympics (July 14) and the neighboring Coliseum takes center stage as the home of the Opening and Closing Ceremonies and Olympic track and field, becoming the first venue in history to host three Olympic Games. With the Metro E Line and rapid-transit options close by, this is a rare chance to own in one of the city's most dynamic and sought-after neighborhoods, positioned to thrive both today and under the global spotlight of 2028.

1158 W 37th Place, Los Angeles

$939,900
3 Beds 3 Baths OC26124654 MLS Active Status
INCREDIBLE USC AREA TRIPLEX OPPORTUNITY!!! Exceptional opportunity to acquire a versatile triplex just a short 10-minute walk from USC. This well-maintained property offers tremendous flexibility for investors, developers, student housing operators, or owner-occupants looking to capitalize on one of Los Angeles' strongest rental markets. The property consists of a spacious 3-bedroom, 1.5-bath front house and a separate duplex featuring two ADU studio units situated above three garages. The ADU conversions are complete. Unique opportunity offering exceptional flexibility for owner-users and investors. Contact the listing agent for occupancy details. Opportunities like this in the USC area are increasingly difficult to find and provide numerous possibilities for rental income, student housing, owner occupancy, or long-term investment strategies. Additional features include a solar system to help offset utility costs, excellent overall condition, garage space, and a prime location near USC, Downtown Los Angeles, Exposition Park, BMO Stadium, shopping, dining, public transportation, and major freeway access. Properties offering multiple units, solar, garage space, ADU potential, and close proximity to USC are becoming increasingly rare. Do not miss this exceptional investment opportunity. Buyer to verify all information, square footage, solar, permits, zoning, ADUs, and development opportunities to their own satisfaction.

1522 W 29th, Los Angeles

$1,100,000
5 Beds 3 Baths CV26094630 MLS Active Status
Timeless Craftsman Duplex in the Heart of Exposition Park Discover a rare opportunity to own a beautifully preserved Craftsman duplex in vibrant Exposition Park—where historic charm meets modern income potential. The front unit offers a spacious 2-bedroom, 1 bath layout , while the rear 3-bedroom , 2-baths provides flexibility for rental income or multi-generational living. A classic full-width front porch with signature tapered columns welcomes you, complemented by eco-friendly landscaping featuring drought-tolerant grass, a mature olive tree, and native plants. Inside, original hardwood floors, a stone fireplace with built-ins, coffered ceilings, and abundant natural light create a warm yet refined atmosphere. The upgraded kitchen boasts custom cabinetry, commercial-grade appliances, and a farmhouse sink, while spacious bedrooms and updated baths offer modern comfort. This property has potential to converted into a triplex if you’re looking for that exceptional multi unit property this one’s for you it also has a private backyard is ideal for entertaining, complete with a patio, synthetic turf, and ample space to gather. A detached two-car garage and California basement add valuable functionality. Strong income potential: rear unit currently rented at $ 3,300 month (up to $4,200 potential), with the front unit commanding $ 2,200– $3,200/month. Ideally located near University of Southern California, the Natural History Museum of Los Angeles County, the California Science Center, and Metro access—offering effortless connectivity to Downtown LA and beyond. A rare blend of character, location, and income potential—this is Los Angeles living at its finest.

1610 N 36th N, Los Angeles

$1,975,000
10 Beds 13 Baths 26685067 MLS Active Status
We are pleased to present 1645 W 48th Street, a high-yield mixed-use opportunity in South Los Angeles featuring 10 apartment units and 3 ground-floor retail spaces on a signalized hard corner at 48th Street and Vernon Avenue. The property benefits from over 28,000 vehicles per day on Western Avenue, Metro Local bus stops at both cross streets, and convenient access to major employment hubs throughout the region.All three retail units are fully leased to faith-based tenants, among the most reliable commercial tenants in the market. Faith-based organizations historically demonstrate low turnover, consistent payment, and deep community ties that anchor them to a location long term, adding durability and predictability to the income stream that compares favorably to the vacant or month-to-month commercial exposure found in competing listings. Offered at a 6.72% CAP rate and 7.87 GRM on current income, the asking price of $186 per square foot represents a basis that is difficult to find on a cash-flowing mixed-use asset anywhere in Los Angeles today. Current rents reflect a solid in-place foundation with meaningful room to grow as leases turn over. The residential component consists of six one-bedroom and four two-bedroom units appealing to a broad renter base across the South LA submarket. A majority of units have been updated with stainless steel appliances, wood-style flooring, and refreshed bathrooms, reducing near-term CapEx on a portion of the portfolio while presenting clear value-add opportunity on the remaining units.1645 W 48th Street may also qualify for accelerated depreciation benefits under the One Big Beautiful Bill Act, creating meaningful tax shelter opportunities in the early years of ownership. Investors are encouraged to request a cost segregation feasibility study to maximize available tax advantages. A rare combination of immediate yield, irreplaceable corner positioning, and significant upside to market rents, 1645 W 48th Street delivers durable cash flow today with meaningful long-term appreciation potential.

1645 W 48th Street, Los Angeles

$1,495,000
12 Beds 8 Baths 26671253 MLS Active Status
Look at this Gross Income - $160,080.!! (Can be Delivered Vacant) Located in the coveted USC Security Patrol Zone and just 3 blocks from campus, this exceptional student housing investment is a high-performing asset in one of Los Angeles' most sought-after rental markets. The University of Southern California is world renown and one of the top rated institutions in the country. Because of proximity to campus, this property consistently commands premium rents, catering to both USC students and young professionals. Property includes two beautifully restored Craftsman residences totaling 12 bedrooms, with the potential to accommodate up to 19 occupants. Originally built in 1913 and beautifully renovated, the residences feature polished hardwood floors, granite countertops, stainless steel appliances, laundry, central HVAC, and updated systems including copper plumbing, electrical, and roofing. Each bedroom is spacious and well-appointed with furnishings such as beds, desks, armoires, and mini-fridges, along with individual climate controls. The property also offers on-site parking, secure entry, and additional amenities that enhance tenant appeal. This is a turnkey investment with excellent operating fundamentals. With the addition of the brand-new George Lucas Museum, the LAFC Stadium, upcoming 2028 Olympic events and much more, this location will continue to see increasing demand, and huge long-term growth.

1327 W 35th Street, 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.