Downtown L.A. (C42) Homes with Multi Level Stories

Downtown L.A. (C42) Homes with Multi Level Stories

Welcome to Downtown Los Angeles (C42) – a vibrant tapestry of culture, art, and innovation set against the iconic skyline of California’s bustling metropolis. This dynamic region is not just a hub for business and entertainment; it’s a thriving community where historic charm meets modern living, making it one of the most sought-after locations in Los Angeles County.

Downtown L.A. boasts a rich history, with its streets lined with stunning architecture that tells the story of its evolution from a sleepy town to a bustling urban center. Here, you’ll find a delightful mix of historic lofts, contemporary condos, and luxurious multi-level homes that cater to a variety of lifestyles. The multi-level story homes in this area offer a unique blend of space and style, providing residents with the perfect backdrop to enjoy the vibrant city life below while retreating to their serene, private oasis above.

Imagine waking up to breathtaking views of the skyline, with the energy of the city pulsating just outside your door. Whether you’re an art aficionado, a foodie, or a nightlife enthusiast, Downtown L.A. has something for everyone. Explore the eclectic mix of restaurants, galleries, and theaters, or take a leisurely stroll through the historic streets to soak in the local culture.

With a strong sense of community and a plethora of amenities, Downtown L.A. is not just a place to live; it’s a lifestyle. Experience the charm and excitement of urban living in a multi-level home that perfectly embodies the spirit of this vibrant city. Your dream home awaits in the heart of Los Angeles!

Newest Downtown L.A. (C42) Homes with Multi Level Stories

$2,100,000
SR26159013 MLS Active Status
High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: • Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. • Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: • Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). • Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). • Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor.

1335 1337 E Adams, Los Angeles

$5,650,000
3 Beds 4 Baths 26862825 MLS Active Status
Newly Reintroduced at an Exceptional Value, Now Offered at $5,650,000. This is one of the most compelling value opportunities currently available at The Ritz-Carlton Residences, Los Angeles, offering an exceptional price per square foot for a junior penthouse. Perched on the 46th floor, the highly sought-after and rarely available Penthouse G floor plan showcases breathtaking panoramic views extending from the Downtown skyline to the Pacific Ocean. Thoughtfully upgraded throughout, this sophisticated residence features three independent HVAC systems, motorized electric shades, and beautifully renovated spa-inspired bathrooms finished with premium materials. The expansive primary suite offers oversized dual walk-in closets, while the gourmet kitchen is equipped with top-of-the-line Miele appliances, including a built-in Miele wine refrigerator. A private office or den provides flexible space for today's lifestyle, and the residence includes the rare advantage of three dedicated valet parking spaces, an exceptional offering within the building. Residents enjoy legendary Ritz-Carlton service and exclusive access to world-class amenities, including a rooftop resort-style pool with private cabanas, a state-of-the-art fitness center, an 8,000-square-foot full-service spa, residents' lounge, screening room, conference facilities, 24-hour concierge, valet, and security. Designed by the internationally acclaimed architectural firm Gensler and developed by AEG, The Ritz-Carlton Residences represent the pinnacle of luxury high-rise living in the heart of L.A. LIVE, moments from Michelin-starred restaurants, http://Crypto.com Arena, Peacock Theater, premier cultural venues, and Downtown Los Angeles' finest entertainment.

900 W Olympic Boulevard Unit 46G, Los Angeles

$735,000
1 Beds 2 Baths 26861581 MLS Active Status
*Financing Available!* Experience elevated living, quite literally, in this sophisticated 1-bedroom, 1.5-bath residence perched on the 34th floor of Metropolis Tower I, a 38-story luxury high-rise and one of Downtown Los Angeles' premier residential communities. Positioned among the highest floors in the building, floor-to-ceiling windows frame sweeping city views that shift with the light throughout the day, while the living and dining area is enhanced by contemporary finishes, wide-plank oak floors, and a well-appointed kitchen with a waterfall-edge quartz island and Bosch appliances. The primary suite includes a private bath with a soaking tub, and a convenient half bath with a stacked in-unit washer and dryer serves guests and everyday laundry needs alike. One dedicated gated parking space and additional storage complete the residence.Tower I residents enjoy access to an exceptional collection of resort-inspired amenities on the building's dedicated sixth-floor amenity deck, including a 24-hour concierge, attended lobby, resort-style pool with jacuzzi spa and cabanas, a fitness and yoga studio with locker rooms and steam room, private screening and billiard rooms, a putting green, business center, clubhouse, dog park, and beautifully designed indoor and outdoor gathering spaces. Metropolis spans an entire city block and offers convenient access to Hotel Indigo, on-site retail, L.A. LIVE, Crypto.com Arena, the Financial District, South Park, world-class dining, shopping, entertainment, and major transportation corridors, creating an exceptional urban lifestyle in the heart of Downtown Los Angeles.

889 Francisco Street Unit 3401, Los Angeles

$2,100,000
14 Beds 5 Baths SR26157423 MLS Active Status
High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: • Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. • Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: • Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). • Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). • Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor.

1335 1337 E Adams, Los Angeles

$3,685,000
26854765 MLS Active Status
We are pleased to present 1214 W 8th Street, a 37-unit SRO apartment building in the Westlake submarket of Los Angeles. Situated along a primary connector between Downtown LA and the surrounding neighborhoods, the property offers immediate freeway access and a perfect 100 Transit Score. Built in 1923 as a 39-room hotel and converted to residential use in 2010, the property received new tile flooring, doors, sinks and faucets, fresh paint, smoke detectors, and a security system at the time of conversion. The building has operated as a stabilized income-producing asset for over a decade since. The unit mix includes 21 SRO units with shared bathrooms and16 SRO units with private en-suite bathrooms, plus one retail space along 8th Street currently occupied by a mini market. Each floor is served by two bathrooms and two shower rooms for shared bathroom tenants. Additional building features include a large lobby, a ground-floor leasing office, and a basement storage area approximately one-quarter the size of the building footprint, which is not reflected in the recorded 12,936 SF. At the asking price of $3,685,000, the property is offered at $99,595 per unit and $284 per square foot, generating a current cap rate of 8.91% and a 6.63 GRM on in-place income. Income is further supplemented by a large billboard with direct 8th Street frontage and the ground-floor retail space, both of which contribute to the overall revenue profile and provide upside as leases turn. Westlake benefits from persistent renter demand anchored by proximity to Downtown LA employment, major healthcare institutions, and one of the most extensive public transit networks in the region. The submarket draws a stable, transit-oriented renter base and has historically maintained strong occupancy through varying market conditions.1214 W 8th Street is a well-located, cash-flowing SRO asset offered at an attractive basis with strong day-one returns and a clear path to increased income through rent-to-market. It represents a compelling opportunity for an investor seeking durable yield in one of Los Angeles' most supply-constrained urban submarkets.

1214 W 8th 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.