South Central LA Homes under $1.25 million

Welcome to South Central LA, a vibrant and historically rich neighborhood located in the heart of Los Angeles County, California. Known for its diverse culture and strong community spirit, South Central is an area that beautifully embodies the essence of urban living while offering a unique glimpse into the multifaceted lifestyle of Los Angeles.

In recent years, South Central LA has seen an incredible transformation, with an influx of new businesses, parks, and community initiatives that have revitalized the area. The neighborhood is dotted with charming homes that reflect its rich heritage, and the best part? You can find a variety of homes under $1.25 million, making it an attractive option for first-time buyers, families, and investors alike.

These homes range from cozy bungalows to modern renovations, providing ample opportunities to find the perfect fit for your lifestyle. With spacious yards, inviting interiors, and proximity to local amenities, South Central LA offers both comfort and convenience. Residents enjoy easy access to public transportation, major highways, and a plethora of dining and shopping options, ensuring that everything you need is just a stone's throw away.

The community is also known for its vibrant arts scene, with murals and galleries that celebrate the cultural heritage of the area. Schools, parks, and recreational facilities further enhance the family-friendly atmosphere, making South Central LA a place where you can truly feel at home.

Explore South Central LA today, where affordable living meets a rich tapestry of culture and community!

Newest South Central LA Homes under $1.25 million

$705,000

4 Beds ⋅ 2 Baths ⋅ 26996343 MLS ⋅ Active Status

Incredible investment or owner-user opportunity in the heart of Los Angeles! This prime duplex delivers ultimate flexibility and immediate value. The property features a perfect setup: the upper unit will be delivered completely vacant, making it an absolute dream for an owner-occupant looking to house-hack or an investor wanting to hand-pick their next tenant at updated market terms. This remodeled upper unit features a new stove, sleek laminate flooring, washer/dryer hookups, and a spacious, formal dining room. The second unit features an unpermitted bonus bathroom and a stable, long-term tenant already in place. Both units offer comfortable, highly functional layouts. Situated proximate to DTLA, the property boasts an expansive, fenced-in backyard concrete parking area accessed off a maintained, paved alleyway. Retain immediate stability while capturing immediate upside. This multi-family asset is a rare find in today's market and a must-see! Schedule your tour today!"

1373 E 23rd Street, Los Angeles

$960,000

PF26214605 MLS ⋅ Active Status

Discover a rare investment opportunity in the heart of Los Angeles, just minutes from Downtown LA, Koreatown, and USC. This well-maintained, non-rent-controlled property features upgraded units, ample rear parking, and a dedicated space with laundry hookup potential—valuable amenities in a high-demand rental market. With its central location and strong income potential, this property is a smart addition to any investor’s portfolio. Don’t miss your chance to own a standout asset in one of LA’s most desirable areas. NO RENT CONTROL BUILDING.

726 E 31st, Los Angeles

$977,500

6 Beds ⋅ 3 Baths ⋅ CV26214435 MLS ⋅ Active Status

Completely remodeled Duplex offers an excellent opportunity for investors or owner-occupants looking for flexibility and income potential. Unit 1 features 4 bedrooms and 2 bathrooms, while Unit 2 offers 2 bedrooms and 1 bathroom. Both units are turnkey, vacant, and ready for their next owners or tenants. The property also features an unpermitted garage conversion, providing additional space and an opportunity for the new owner to explore its potential and possible future use. Conveniently located near USC, major hospitals, the 10 Freeway, BMO Stadium, Crypto.com Arena, the Lucas Museum of Narrative Art, and many other popular destinations. With easy access to transportation, entertainment, employment, and educational institutions, this property offers both convenience and versatility. A great opportunity to own a vacant, turnkey duplex in a highly accessible Los Angeles location!

1352 23 rd, Los Angeles

$899,000

3 Beds ⋅ 5 Baths ⋅ 26994291 MLS ⋅ Active Status

Presenting 1145 E 33rd St, Los Angeles, a 5-unit multifamily investment opportunity offered at $899,000 just $179,800 per unit. The property features four studio units and one 3-bedroom/1-bathroom unit located at the rear. Based on 2025 actuals, the property generated $66,492 in rental income and $56,228 NOI, representing a 6.25% cap rate, despite two vacancies during the year. Two vacant units offer immediate income potential, with additional upside through stabilized occupancy, increased rental income, and improved overall cash flow. Do not disturb tenants.

1145 E 33rd Street, Los Angeles

$990,000

12 Beds ⋅ 6 Baths ⋅ 26992987 MLS ⋅ Active Status

610 East 24th St is a 4-unit property in Historic South Central, offered at $990,000 with approx. 53% rental upside. Built in 1910, the property includes 3 separate buildings totaling approx. 4,048 SF, on a spacious 9,644 SF corner lot. The unit mix is comprised of (2) 4-bdrm. /2-bath residences and (2) 2-bdrm./1-bath units, giving the property larger floor plans than are typically found in a fourplex. The property has a distinctly residential feel, led by a Craftsman-influenced front residence with gabled rooflines, exposed eaves, a covered front porch, bay window, and fenced yard. The additional buildings are positioned toward the rear of the property, creating greater separation between the four units, while a large central parking area provides substantial off-street parking for residents. Current gross rents total $6,730 per month, ompared with projected rents of $10,300 per month, representing approx. 53% rental upside. Located just south of Downtown Los Angeles, 610 East 24th Street provides convenient access to USC, Exposition Park, the LA Fashion District, and surrounding South Los Angeles neighborhoods. USC is approx. 1.5 miles away, the Fashion District approx. 1.4 miles, and Exposition Park approx. 1.7 miles, placing education, employment, retail, museums, sports, and entertainment within a relatively compact radius. 610 East 24th Street brings together larger residential units, three separate buildings, and a location with convenient access to USC, Exposition Park, and Downtown Los Angeles. With current rents below the projected rents shown in the property's rent roll, there is also a clear path for income to grow over time.

610 E 24th Street, Los Angeles

$879,000

DW26208880 MLS ⋅ Active Status

Beautifully remodeled duplex featuring two detached units, offering privacy, flexibility, and plenty of space. Front unit is a 3-bedroom 2 bath and the back unit is a 2-bedroom 1 bath. Both units have been thoughtfully upgraded inside and out, with modern finishes, updated kitchens and bathrooms, fresh flooring, stylish fixtures, and improvements throughout. The property boasts excellent curb appeal, a large driveway with ample parking, and a spacious yard that provides plenty of room for outdoor entertaining, gardening, or additional recreational space. The detached layout creates a comfortable sense of separation between the two residences, making this an ideal opportunity for multigenerational living, extended family, rental income, or an owner-occupant looking for additional space. Property is also located near freeways, BMO Stadium, the Coliseum, USC and so many other places that are minutes away. Look no more - this one is golden!

3818 Crawford, Los Angeles

$980,000

DW26208508 MLS ⋅ Active Status

Introducing a thoughtfully reconfigured early-1900s residence offering exceptional flexibility for investors, owner-users, and multi-generational living. This distinctive property has been transformed into a versatile multi-occupant residence designed to maximize functionality and rental potential. The main house features three first-floor bedrooms, thoughtfully converted from the original living and dining rooms, along with a spacious kitchen, laundry room, service room, and full bathroom. Upstairs, the former primary suite has been converted into a private studio apartment with its own kitchenette, full bathroom, and separate exterior entrance. Two additional spacious bedrooms and a second full bathroom provide even more flexibility for occupants, extended family, or rental use. The property also features an enclosed porch that has been converted into a permitted upstairs laundry and flex space, with the potential to create an additional studio. Adding further income-producing potential, the rear duplex at 620 and 620 ½ consists of two separate one-bedroom units, each offering a full living area, kitchen, dining space, and bathroom. Ample on-site parking is currently being used for storage but can readily be reclaimed for tenant parking. With its flexible configuration and multiple living spaces, this property presents a unique opportunity for investors seeking rental income or buyers looking for a versatile multi-generational residence. A rare Los Angeles property offering multiple occupancy options, substantial flexibility, and significant potential.

620 E 28th Street, Los Angeles

$849,000

12 Beds ⋅ 6 Baths ⋅ 26967409 MLS ⋅ Active Status

Spectacular offering of a 12-unit SRO building just south of Downtown LA in the Historic Central submarket - SELLER WILL CARRY with 35% or more down. This stylish building provides the perfect opportunity to add value as well as significant upside in rents. The unit mix is 12 Single Room Occupancies (SRO) with the units having their own separate exterior entrances and 6 total bathrooms with each bath between two units. There is a large gated parking area with room for 10+ cars. Coin Laundry brings in an additional $6,302/year. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, the property is near local employment, and entertainment centers such as South Park, LA Live and Crypto Arena. Also, rapidly developing areas like USC, the Arts District, Exposition Park and Koreatown. The neighborhood is considered highly walkable with easy access to freeways, shops and public transportation.

510 E 23rd Street, Los Angeles

$925,000

8 Beds ⋅ 4 Baths ⋅ 26990899 MLS ⋅ Active Status

This 4-unit property presents a compelling turnkey investment opportunity with room to grow, featuring a two-story, approximately 3,188 SF building on nearly 6,047 SF of LA[Q]R4-1 zoned land. All 4 units are appx 800 SF 2Br+1Ba units with 8 total parking spaces. The property benefits from stable tenants, many capital improvements, and one fully remodeled unit. Offered at 13.7 GRM and a 5.1% CAP Rate, this is a solid building with strong tenants and good bones. An ideal investment for under $1,000,000 in an area with extremely low historic vacancy, near DTLA, and with significant upside. 70% upside in rents! Additionally, the Seller has multiple feasibility studies and proposals to build up to 2 ADU's in the rear (Buyer to verify). The Seller also has a SB721 Balcony inspection report shows no needed repairs. Conveniently located near Central Avenue, the 10 Freeway, USC, Exposition Park, Downtown Los Angeles, the Fashion District, and LA LIVE, the property offers a combination of current income, value-add potential, and future development upside.

1335 E 21st Street, Los Angeles

$850,000

13 Beds ⋅ 7 Baths ⋅ 26856169 MLS ⋅ Active Status

Offered is a value-add South Central property consisting of a vacant 1,500+ SF house and quadruplex with 1 vacant unit. The house is in need of a full gut renovation and reconfiguration, ideal for a Jr. ADU conversion. The vacant unit in the 4plex is also in need of remodeling. Once rented, the owner will have 2 (or 3!) units at market rent, with significant upside in rent for the legacy tenants. Located on a corner lot with 2 curb cuts, there are 11 open parking spaces currently leased by the tenants on separate parking leases. The property will be sold with a recently passed SCEP Inspection. At under $200/SF and operating with all 2-4 bedroom units, this is an incredible deal at an affordable price point with huge upside. Located directly across from the YMCA and a church, and minutes from USC and the vibrant Exposition Park district, home to famous venues including BMO Stadium and Los Angeles Memorial Coliseum. Residents and tenants also benefit from immediate access to major cultural institutions such as the Natural History Museum and the California Science Center. This is a compelling value-add opportunity in a high-demand rental submarket, with multiple pathways for income growth through renovation, repositioning, and future development. Marketing package available with more info. Potential to be sold with other multifamily properties from same owner.

933 E 28th Street, Los Angeles

$815,000

SB26201918 MLS ⋅ Active Status

1352 E 21st St presents an exceptional opportunity to acquire a 5 unit multifamily property in Los Angeles, offered at $815,000. The building consists of (2) 1 Bed/1 Bath, (2) 2 Bed/1 Bath, and (1) 3 Bed/1 Bath Units, providing a desirable unit mix that caters to a wide tenant pool. Additionally, the property provides 8 parking spaces, all situated on 5,184 rentable square feet. With a 7.15% Cap Rate and 8.81 GRM, the asset delivers solid day- one returns while still offering room to enhance value through rent optimization. Pro forma rents reflect a 45.27% increase in scheduled income, highlighting meaningful value-add upside. Located in a growing pocket of Los Angeles, the property is surrounded by trendy cafes, popular restaurants, and boutique retail, with convenient access to Downtown Los Angeles and major transit corridors. The area's strong rental demand and ongoing revitalization continue to support long-term appreciation.

1352 E 21st Street, Los Angeles

$1,099,000

DW26200437 MLS ⋅ Active Status

An exceptional investment opportunity to acquire a large, income producing four-unit property ideally positioned within the high-demand Downtown Los Angeles rental market. This well located quadruplex features 12 bedrooms, 6 bathrooms, and approximately 4,164 square feet of total living space situated on a 6,258-square-foot lot. The property is fully rented and currently generates approximately $7,994 per month in gross rental income. Ideal for investors, 1031 exchange buyers, and developers. This property presents potential upside may be achieved through strategic rent adjustments, improved property management, unit renovations and upgrades. Ideally located just minutes from the University of Southern California (USC), USC Village, Los Angeles Memorial Coliseum, Exposition Park, BMO Stadium, and Downtown Los Angeles (DTLA). Its convenient access to major freeways, Metro Rail and public transportation enhances connectivity throughout Los Angeles. The location is particularly appealing to students, professionals, and long-term renters, benefiting from proximity to educational institutions, entertainment venues, sports facilities, and DTLA market. With the region continuing to experience significant investment and development, including preparations and improvements associated with the 2028 Olympic Games.

915 E 23rd 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.