South Central LA Homes with Apartment Subtype

Welcome to South Central LA, a vibrant neighborhood that beautifully encapsulates the rich tapestry of Los Angeles culture. Nestled in the heart of the city, South Central is renowned for its dynamic community spirit, diverse population, and a wealth of local amenities. Here, the streets pulse with life, offering a unique blend of history, art, and culinary delights that make it a truly special place to call home.

In South Central, you'll find a variety of housing options, including charming homes with apartment subtypes that cater to a range of lifestyles. Whether you’re looking for a cozy studio or a spacious multi-bedroom apartment, this neighborhood has something for everyone. Many properties feature modern amenities while still maintaining the character and charm that South Central is known for. Residents enjoy the convenience of nearby parks, schools, and shopping centers, making it an ideal location for families and young professionals alike.

The community is also home to numerous cultural landmarks, art galleries, and local eateries that reflect the rich heritage of the area. From the vibrant murals that adorn buildings to the bustling farmer's markets, South Central LA is a neighborhood that celebrates creativity and diversity.

With its strategic location, South Central provides easy access to major freeways and public transportation, allowing for seamless commutes to downtown Los Angeles and beyond. Discover the charm of South Central LA, where community, culture, and comfort come together in perfect harmony. Embrace the opportunity to make this lively neighborhood your new home!

Newest South Central LA Homes with Apartment Subtype

$3,300,000

MB26114434 MLS ⋅ Active Status

Calling Investors to own eighteen units located on 964 E 32nd St Los Angeles, Ca consisting of; Four single units, Six units with one bedroom/one bathroom, Five units with two bedrooms/one bathroom, One unit is three bedrooms/one bathroom and Two units with two bedrooms/one bathroom (Brand new ADU's ready to rent) Please call the agent for more details...... don't disturb tenants please.

964 E 32nd, Los Angeles

$4,940,000

SB26084832 MLS ⋅ Active Status

We are pleased to present 1009 E 29th St, a newly constructed 19-unit multifamily asset located in a central Los Angeles submarket with convenient access to Downtown Los Angeles and surrounding employment centers. ***The property is nearing Certificate of Occupancy and will be delivered 100% vacant, providing investors with full operational control and the ability to implement a customized lease-up strategy from inception. >>The asset offers a more manageable scale relative to larger developments, allowing for a more efficient lease-up and reduced execution risk. The building is fully ADA compliant, supporting a wide range of operational strategies, including workforce, voucher-based, or supportive housing.*** As new construction, the property requires no immediate capital expenditure, offering a stabilized physical plant and allowing ownership to focus on leasing and operations. The vacant delivery further enhances flexibility, eliminating tenant-related constraints and enabling immediate occupancy. << The location provides access to major transportation corridors, public transit, and a broad base of employment drivers throughout the Downtown Los Angeles area, supporting long-term rental demand. 1009 E 29th St presents an opportunity to acquire a newly delivered multifamily asset with operational flexibility, reduced near-term capital needs, and a clear path to stabilization.

1009 E 29th Street, Los Angeles

$1,226,000

CV26069068 MLS ⋅ Active Status

3232 S. Central Avenue is a 10-unit apartment complex located in South Central Los Angeles. The opportunity consists of an 8-unit property in front constructed in 1924 and a duplex in the rear built in 1930. Each unit is separately metered for gas and electricity. The 2-story apartment building has seen recent capital improvements including upgraded electrical panels. The property consists of four (4) studio units and six (6) one-bedroom units spread across 5,180 rentable square feet.

3232 S Central, Los Angeles

$3,150,000

SR26039501 MLS ⋅ Active Status

Investment Highlights • Comprehensive 2024 Gut Renovation with New COFO: The entire building was gut renovated, resulting in a new Certificate of Occupancy issued in 2024. Over $1.2 million in capital improvements were completed, including all-new plumbing, electrical systems, drywall, paint, flooring, and cabinetry. This turnkey status provides investors with a high-quality asset and minimal immediate maintenance requirements. • Proven Micro-Unit Model with Strong Rental Yield: The building features 23 units comprised primarily of micro-units (87% studios) designed to serve budget-oriented residents in Los Angeles. This high-efficiency model yields an impressive rent of $5.28 per square foot, justifying the property's valuation through proven rental demand for smaller, affordable living spaces. • Immediate Financial Performance and High Returns: At an asking price of $3,150,000, the property offers a current CAP rate of 6.25% and a 4.04% Cash-on-Cash return, with substantial mark-to-market upside as legacy leases are brought to the property’s own recently-achieved renovated rents. • Substantial Built-In Revenue Upside: There is significant potential for growth, with the pro forma CAP rate projected at 7.74% and a Cash-on-Cash return of 9.02%. Financial projections show that monthly income can grow from the current $34,290 to a market rate of $38,337, representing an approximately 12% revenue increase as legacy leases are marked to market. • Strategic Location in Historic South Central Hub: Located at 440 E 27th Street, the property is nestled in a thriving rental hub near the University of Southern California (USC) and major transit routes like the Expo Line. The neighborhood is experiencing active revitalization and sits within a demographic area projected to have an average household income of $81,857 within a 3-mile radius by 2026.

440 E 27th, Los Angeles

$1,249,999

WS25235411 MLS ⋅ Active Status

150 W 33rd St is a 4,744 square foot multi-family 8 unit 2 story home on a 5,062 square foot lot. Has front gate entrance. Only 4 minutes from one of the best private University Shools in SoCal, USC! 6 mins from Los Angeles Convention Center & Crypto Arena, and proximity to "City of Angels", Downtown Los Angeles. This beautiful property won't last long.

150 W 33rd 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.