East La Homes under $2 million

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Newest East La Homes under $2 million

$850,000

3 Beds ⋅ 2 Baths ⋅ 26101975 MLS

STUNNING DESIGN, CURIATED FOR THE NEXT AWESOME FAMILY. NO HOME IN THIS AREA LIKE THIS ONE. FEAST YOUR EYES ON THIS THIS NEVER SEEN HIGH-END LIFESTYLE HOME. Welcome to 359 Blackshear Ave, East LA! This beautifully upgraded home is a rare find, thoughtfully redesigned from top to bottom. Enjoy year-round comfort with central heating and air conditioning throughout. The exterior has been refreshed with a new garage light, sleek new black paint on the garage door and laundry room, a fancy modern exterior light, and a rear exit light for added charm and function. Every light fixture in this home has been upgraded, including brand-new recessed lighting in the living room, elegant crystal ceiling fans in each bedroom, stylish accent strip lighting, under-cabinet kitchen lighting, and a beautiful crystal pendant light above the kitchen sink. Additional designer touches include custom wallpaper accent walls, a striking decorative fireplace, sophisticated wall paneling, and newly installed bookshelves for stylish storage. For added security and everyday convenience, the home features an automatic swinging driveway gate. Enjoy your own private backyard oasis, complete with a mango tree and lime tree. A new water heater has also been installed for peace of mind. There's truly no home like this one a rare opportunity to build generational wealth in a home designed for the future. DON'T MISS OUT. THIS IS YOUR NEW ADVENTURE HOME. MULTI-GENERATIONAL WEALTH IS BUILT HERE. see video https://youtu.be/Ku_PNA6lMTs

359 Blackshear Ave, Los Angeles

Courtesy of Real Broker, Max Lee - CA DRE#01905008

$1,645,000

11 Beds ⋅ 6 Baths ⋅ 26998603 MLS

Calling all investors and owner-user buyers! Rare opportunity to own a large 4,214-square-foot duplex in unincorporated East Los Angeles, conveniently located near Boyle Heights and City Terrace. The front unit offers 6 bedrooms and 3 bathrooms, with 2 bedrooms and 1 bathroom downstairs and 4 bedrooms and 2 bathrooms upstairs. The spacious primary bedroom features high ceilings and a front-facing balcony. The rear unit offers 5 bedrooms and 3 bathrooms, with 1 bedroom and 1 bathroom downstairs and 4 bedrooms and 2 bathrooms upstairs, plus a balcony off the upstairs hallway. Both units feature spacious living and dining areas, kitchens with breakfast bars, and in-unit laundry rooms. The property also offers drought-resistant landscaping in both the front and rear yards, along with two attached 2-car garages providing 4 total garage spaces. An excellent opportunity for an owner-user to live in one unit while generating rental income from the other, or for an investor seeking a large duplex with substantial living space and income potential. This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. Per tax records the property is a 4-plex, property functions as a duplex.

772 N Eastman Ave, Los Angeles

Courtesy of Coldwell Banker Realty, Tiffany Dalgic - CA DRE#01896614

$1,900,000

20 Beds ⋅ 10 Baths ⋅ 26994359 MLS

We are pleased to present an excellent opportunity to acquire a 10-unit multifamily investment property in East Los Angeles, offering investors an attractive combination of strong in-place cash flow, historically high occupancy, desirable two-bedroom units, and a highly convenient location.The property features 2-bedroom apartment units with plenty of onsite parking, providing a functional and appealing setup for residents. The property's historically high occupancy demonstrates consistent rental demand, providing a solid foundation for continued income generation.From an investment standpoint, the property offers immediate cash flow with a current capitalization rate of over 7%, while the pro forma capitalization rate exceeds 11%, presenting investors with substantial potential upside. This combination of strong current returns and future income potential makes the property an attractive opportunity for investors seeking both cash flow and value creation.The property is also exceptionally well positioned for accessibility, with convenient access to the 5 and 710 Freeways, providing efficient connectivity throughout Los Angeles County. Additionally, the property is minutes from Downtown Los Angeles, placing residents within easy reach of major employment centers, entertainment, dining, shopping, and cultural destinations.

4228 Dennison St, Los Angeles

Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes - CA DRE#01372010

$699,000

4 Beds ⋅ 2 Baths ⋅ 26992973 MLS

Welcome to this modern style, split-level home with plenty of space, character, and potential in Los Angeles! Set on a unique street-to-street lot, this home offers a layout that gives you room to spread out, along with two separate street accesses and a detached two-car garage. The lower level features a secondary living or family room, a bedroom, and a bathroom perfect for a guest space, home office, or additional living area. Upstairs, you'll find an open living room and dining area that flow into the kitchen, along with a convenient laundry area. Three additional bedrooms provide plenty of room, including one with direct access to the backyard. Step outside to enjoy the elevated balcony/patio area off the front street, where you can take in city views and enjoy the LA backdrop. The home needs cosmetic updating, giving the next owner an opportunity to bring their own style and vision to the space and make it shine. Whether you're looking to create your first LA home, add your personal touches, or simply want a property with room to grow, this one is worth a look! Conveniently located near Cal State LA, the 10 Freeway, Downtown Los Angeles, and an ever-growing mix of restaurants, coffee shops, arts, entertainment, and city life. Come see the possibilities and imagine what you can create here!

1514 Steele Ave, Los Angeles

Courtesy of Berkshire Hathaway HomeServices California Propert, Hilda Hernandez - CA DRE#01218052

$629,000

3 Beds ⋅ 2 Baths ⋅ 26989351 MLS

We are pleased to present 301 N McDonnell Ave, a fully occupied 2-unit property in East Los Angeles offering an attractive combination of rental upside, abundant parking, and future development potential. THE PROPERTY WILL BE SOLD WITH ALL TENANTS IN PLACE. The proper ty consists of two detached, single-story residences totaling approximately 1,505 square feet of rentable living area, situated on a substantial 7,011-square-foot corner lot zoned LCR2. The unit mix includes one 2-bedroom/1-bathroom unit and one 1-bedroom/1-bathroom unit, both currently occupied. A detached 2-car garage, along with approximately 5 additional uncovered tandem parking spaces, provides an exceptional amount of parking for the property. Current rents of fer significant upside, providing an investor with an opportunity to increase cash flow through future rental adjustments and strategic repositioning. Residents benefit from convenient access to a variety of retail, dining, and neighborhood amenities, including Steven's Steak & Seafood House, Ruby's Diner, Starbucks, Il Saggio Italian Restaurant, Tamayo Restaurant & Art Gallery, Mi Pueblo Salvadoran Restaurant, Birrieria Gonzalez, El Gallo Giro, and Tacos Baja. The property is also located near Whittier Boulevard, the primary commercial corridor serving East Los Angeles and a longstanding destination for shopping, dining, services, and local culture. With its sizable corner lot, two detached residences, abundant parking, and substantial rental upside, 301 N McDonnell Ave presents an attractive opportunity for investors seeking a well-located East Los Angeles duplex with immediate income-growth potential and long-term optionality. Contact the listing broker for additional information.

301 N Mcdonnell Ave, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650

$625,000

3 Beds ⋅ 2 Baths ⋅ 26989187 MLS

Welcome to this beautifully renovated 3-bedroom, 2-bathroom home in vibrant East Los Angeles. Situated in an elevated location, this residence offers a pleasant outlook toward San Pedro and the surrounding area while providing convenient access to all that Los Angeles has to offer. Thoughtfully updated throughout, the home combines modern style, comfort, and functionality. Recent improvements include new electrical wiring and plumbing throughout, fresh interior and exterior paint, energy-efficient LED lighting, and brand-new windows and doors that enhance the home's appearance, efficiency, and security. The heart of the home is the newly redesigned kitchen, featuring contemporary finishes and high-end appliances, creating a stylish and functional space for everyday living and entertaining. Both bathrooms have been completely remodeled with modern finishes and a clean, inviting design. A spacious basement adds valuable flexibility and offers a variety of possibilities, whether used for additional storage, a home office, gym, recreation area, or future living space. With extensive updates, modern finishes, versatile living space, and a convenient East Los Angeles location, this move-in-ready home is an excellent opportunity for those seeking a thoughtfully renovated property with room to make it their own.

822 N Gage Ave, Los Angeles

Courtesy of Coldwell Banker Realty, Philip Boroda - CA DRE#00822192

$612,000

2 Beds ⋅ 1 Baths ⋅ 26984883 MLS

Located in East Los Angeles, this property offers an exciting opportunity for buyers looking for a home with additional potential. This single family home features 2 bedrooms, 1 bathroom, and approximately 1,044 square feet of living space. The property is a slight fixer and features updated windows approximately 4 years ago, along with an oversized garage offering potential for ADU conversion. This property could be an excellent fit for buyers looking to personalize a home or explore additional space and investment potential. The property qualifies for conventional financing. This is a conservatorship sale subject to court confirmation.

377 Clela Ave, Los Angeles

Courtesy of Keller Williams Los Angeles, Maria Sarmiento - CA DRE#01837686

$620,000

2 Beds ⋅ 1 Baths ⋅ 26942819 MLS

Excellent opportunity to get into a charming, long-time residence home - with potential for ADU's in garage and to the rear yard. Property has city views, and close to neighborhood landmarks Cinco Puntos, El Mercardo and El Pino. Perfect for first time homebuyer with potential to become an investor. It is zoned as a R2. Property has cozy floorplan, large backyard with alley access, storage space and covered patio. Close proximity to downtown LA, neighborhood stores, and public transportation.

3335 Floral Dr, Los Angeles

Courtesy of REO Modern Realty Corp., Matthew Jaime - CA DRE#01192386

$550,000

4 Beds ⋅ 2 Baths ⋅ 26921447 MLS

Located in East Los Angeles, California, this property presents a compelling opportunity for investors and buyers looking for a project with significant potential. Situated on a large lot, the property features two separate homes on one lot, offering flexibility and multiple living spaces. The front home features 3 bedrooms, 1 bathroom, and a laundry room and is currently tenant-occupied, while the back home offers 1 bedroom and 1 bathroom and is currently vacant. The property also offers ample parking, with space for 4 or more vehicles in both the front and back areas. Both units have separate electric and gas utilities, with shared water. Sold as-is, this is a major fixer and investor opportunity with significant potential for renovation and improvement. The property is best suited for experienced investors, contractors, or buyers looking to add value through upgrades and improvements. Conveniently located in East Los Angeles, with access to nearby shopping, dining, schools, transportation, and major freeways, this property offers an excellent opportunity to transform an existing two-home setup into a valuable investment.

3302 Winter St, Los Angeles

Courtesy of Keller Williams Los Angeles, Maria Sarmiento - CA DRE#01837686

$1,775,000

8 Beds ⋅ 11 Baths ⋅ 26872303 MLS

Situated in the heart of East Los Angeles, this well-located multifamily investment presents an attractive combination of tenant appeal, convenience, and future upside. The property features an attractive unit mix of (1) 2 bd + 1 ba, (6) 1 bd + 1 ba, and (4) studios, providing a diverse mix of rental options suited to a broad tenant base. The property's mostly single-story construction offers a practical advantage for ownership, providing easier maintenance and an appealing living environment for prospective tenants.In addition to its existing income stream, the property offers potential for increased rental income and future ADU development, providing an investor with multiple avenues to enhance value and maximize the property's income-producing potential, subject to applicable zoning and permitting requirements. Plans for two ADUs were previously approved.Location further strengthens the investment profile. Residents are within walking distance of the Metro Gold Line Station, providing convenient access to public transportation and connectivity throughout Los Angeles. The property is also near the East Los Angeles Civic Center, offering access to community events, entertainment, recreational opportunities, and local services. Nearby Whittier Boulevard provides an established mix of shopping, dining, and everyday conveniences.For commuters, the property offers convenient access to the 710, 10, and 5 Freeways, providing efficient connectivity to Downtown Los Angeles, surrounding employment centers, and major destinations throughout the region.

637 S Mcdonnell Ave, Los Angeles

Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes - CA DRE#01372010

$849,950

5 Beds ⋅ 4 Baths ⋅ 26871207 MLS

Under Contract

4354 Verona St, Los Angeles

Courtesy of Brian Ross Brandt Branand, Brian Branand - CA DRE#01803629

$1,100,000

5 Beds ⋅ 4 Baths ⋅ 26863623 MLS

First time on the market in 50+ years! Well-maintained duplex featuring two separate homes on one lot. Front house offers 3BD/2BA with living, dining and family rooms. Rear two-story home offers 2BD/1.5BA. Gated 3-car gated carport, detached 2-car garage with ADU potential (buyer to verify), shared courtyard, and tenants pay all utilities. Excellent East LA location bordering. Montebello near the 60 Freeway, Beverly Blvd and Monterey Park & East LA College. Pride of ownership throughout. Delivered with long-term tenants. Original house built in 1949, rear unit 1984. Rear unit is separate address, 293 Simmons (per Seller with permits)

291 Simmons Ave, Montebello

Courtesy of Redfin, Michael Berlin - CA DRE#01299221

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

East La Homes under $2 million

Newest East La Homes under $2 million

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