Downtown L.A. Homes under $1.25 million

**Discover the Vibrant Charm of Downtown Los Angeles**

Welcome to Downtown Los Angeles, a dynamic urban hub where culture, creativity, and community converge. Nestled in the heart of Los Angeles County, this bustling district is known for its rich history, eclectic architecture, and an ever-evolving landscape that perfectly blends the old with the new. From historic landmarks to modern skyscrapers, Downtown L.A. is a tapestry of experiences waiting to be explored.

One of the most appealing aspects of Downtown Los Angeles is its diverse real estate market. For those seeking homes under $1.25 million, this area offers an array of options that cater to various lifestyles and preferences. Whether you’re drawn to chic lofts in converted warehouses, contemporary condos with breathtaking views, or charming townhomes nestled in vibrant neighborhoods, there's something for everyone.

Living in Downtown L.A. means being at the center of it all. Enjoy world-class dining, trendy boutiques, and cultural institutions like The Broad Museum and the Walt Disney Concert Hall, all just a stone's throw away from your doorstep. The area is also home to beautiful parks, including Grand Park, where you can unwind and soak in the California sun.

With a thriving arts scene, bustling nightlife, and easy access to public transportation, Downtown Los Angeles is not just a place to live; it’s a lifestyle. Embrace the energy and excitement of this iconic cityscape while enjoying the comfort of affordable homes. Discover your perfect Downtown L.A. residence today and be part of a community that celebrates life in the heart of Los Angeles!

Newest Downtown L.A. Homes under $1.25 million

$555,000

1 Beds ⋅ 2 Baths ⋅ 26998213 MLS ⋅ Flower Street Lofts BLDG.

A rare opportunity to live, work, and create at Flower Street Lofts in the heart of South Park DTLA. The unit offers the versatility of a building zoned and entitled for live/work use, combining residential comfort with space for a home office, creative studio, or business. A flexible built-in area with sliding doors can accommodate office cubicles, creative workspace, or a home gym. The west-facing living area features floor-to-ceiling windows with views toward Oceanwide Plaza, while the bedroom overlooks the building's open-air common corridor. South Park is positioned near the center of Downtown's Olympic activity in 2028, with nearby Crypto.com Arena designated as an LA28 competition venue. Oceanwide Plaza's court-approved sale process and planned revitalization add to the neighborhood's evolving outlook as Los Angeles prepares for the Games. This pet-friendly building places dining, shopping, fitness, and entertainment within easy reach, including Pine & Crane, South Park Grocery, Prank Bar, Sonoritas, Starbucks, LA Live, the Ritz-Carlton, Whole Foods, and Bottega Louie. Nearby Pico Metro Station enhances connectivity, with a Walk Score of 93 and Transit Score of 100. HOA dues include two reserved parking spaces and a Spectrum internet and entertainment package. Discover a distinctive South Park residence offering flexibility, convenience, and a compelling place to call home. Currently tenant-occupied on a month-to-month basis. Agents: Please see private and showing remarks.

1130 S Flower St Unit 215, Los Angeles

Courtesy of Premier Real Estate, Rasmus Ray Lee - CA DRE#01490488

$495,000

1 Beds ⋅ 1 Baths ⋅ 26998079 MLS ⋅ Bunker Hill Tower Condominium BLDG.

BEAUTIFUL LUXURY CONDO ON 26TH FL W/PANORAMIC & STUNNING VUE OF THE L.A. SKYLINE IN ONE OF MOST SOUGHT-AFTER ADDRESSES IN DWTN LA: BUNKER HILL TOWER; BEAUTIFUL HRDW FLR, WALL MIRRORS, RECESSED LIGHTING, UNCOMPROMISING AMENITIES INCLUDE; HEATED SWIMMING POOL, HOT TUB, TENNIS COURTS, BBQ PARK, SAUNA, PRIVATE PARK...WALKING DISTANCE TO SHOPS, RESTRNTS, ENTERTAINEMNT, DISNEY CONCRT HALL, FINANCIAL CENTER, FOOD COURT...EXECUTIVE LIVING AT ITS BEST. MUST SEE TO APPRECIATE! WELCOME HOME!

800 W 1st St Unit 2607, Los Angeles

Courtesy of Beverly Hills Fabulous Estates Inc., Charles Le - CA DRE#01261943

267 S San Pedro St Unit 320, Los Angeles

$349,000

2 Beds ⋅ 2 Baths ⋅ 26997857 MLS ⋅ Little Tokyo Teramachi Owners Association BLDG.

Located in the heart of DTLA's historic Little Tokyo is this interior unit offering a soothing setting. Features include two bedrooms, two full bathrooms, living room and cook's kitchen with granite counter tops, plenty of storage cabinetry & stainless steel appliances. The east facing unit provides lots of natural light, affording sun drenched afternoons. The living room slider leads out to a balcony, with storage closet, providing courtyard and DTLA skyline top views. Additional qualities include central air & heat, full side-by-side washer & dryer and one assigned parking space. Teramachi is a 55+ adult condominium offering a variety of amenities including a central courtyard with koi pond, fitness center, guest lounges, two-story community room, community barbecues, guest parking and 24 hour front desk/security station. Close to Little Tokyo shops & restaurants, Arts District, Grand Central Market, Union Station, Dodger Stadium, Dorothy Chandler Pavilion & Disney Hall. Welcome Home!

267 S San Pedro St Unit 320, Los Angeles

Courtesy of Berkshire Hathaway HomeServices California Propert, Thomas Inatomi - CA DRE#01276827

1234 Wilshire Blvd Unit 422, Los Angeles

$376,800

1 Beds ⋅ 1 Baths ⋅ 26994929 MLS ⋅ Vero BLDG.

Fourth floor 1 Bedroom, 1Bath at Vero. South facing with a private balcony. Set off Wilshire so it is quieter than the boulevard facing layouts. Open living space with hardwood floors, a contemporary kitchen with Caesarstone counters, European cabinets, stainless steel appliances, and a stacked washer and dryer in unit. Central heat and air. Two assigned covered parking spaces in the secured garage. Vero is a full service mid-rise with controlled access, a 24-hour front desk security, heated pool and spa, sauna, fitness center, yoga studio, and guest parking. West edge of downtown, between Lucas and Witmer with quick access to freeways and a short trip to Crypto.com Arena, L.A. Live, and Fig at 7th. Vero has many great amenities and easy to show.

1234 Wilshire Blvd Unit 422, Los Angeles

Courtesy of The Passman Group, Inc., James H. Lee - CA DRE#01843578

$725,000

7 Beds ⋅ 4 Baths ⋅ 26996933 MLS

1 UNIT VACANT!!! We are pleased to present 1166 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 6.93% CAP and 9.27 GRM on current rents, with value-add potential to reach an 10.19% CAP and 6.90 GRM with 1 UNIT DELIVERED VACANT! Located just east of the 110 Freeway, the property offers easy access to the Florence and Slauson Light Rail Stations, multiple Metro lines, and nearby neighborhoods including Huntington Park, Walnut Park, South Gate, and Maywood. It's also conveniently situated near Edison Middle School, Public Service Community High School, and Mary M. Bethune Park. The property consists of two separate structures a front triplex and a rear detached house totaling 1,952 rentable square feet on a 4,836 SF LCR3YY-zoned lot. Built in 1958 and 1923, respectively, the buildings feature a unit mix of 3 two-bedrooms and 1 one-bedroom, with two units already renovated and 1 two-bedroom unit being delivered vacant at closing. The site also includes both covered and uncovered on-site parking, enhancing tenant appeal. Contact the listing broker for additional information.

1166 E 64th St, Los Angeles

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

$1,250,000

9 Beds ⋅ 6 Baths ⋅ 26991539 MLS

BUILT IN 2021 | NO RENT CONTROL LA CITY RSO | ALL UTILITIES INCLUDING WATER PAID BY TENANTS | SEPARATELY METERED | FULLY PERMITTED |ONE UNIT VACANT Built in 2021, this well-maintained duplex offers a great opportunity for investors and owner-users. Water, electricity, and gas are separately metered, and each tenant pays their own utilities, helping keep the owner's operating expenses very low and more low. The seller's regular monthly service expenses are only approximately $45 for pest control and $40 for gardening. The property features a spacious 5 Bed / 3 Bath unit and a 4 Bed / 3 Bath unit. The 5-bedroom unit is currently vacant, offering an excellent opportunity for an owner-user or the ability to lease it at current market rent. The property has been professionally managed and well maintained. Solar panels are installed. Great opportunity for an owner-user, investor, or 1031 Exchange buyer looking for a newer income property with separate utilities, low operating costs, and strong rental potential. Buyer to independently verify all property information, including rents, expenses, CAP rate, utility metering, rent control status, permits, square footage, and all investment calculations, and to conduct their own due diligence

671 W 62nd St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Won Mo - CA DRE#02207272

$498,888

1 Beds ⋅ 1 Baths ⋅ 26995575 MLS ⋅ Elleven HOA BLDG.

This completely remodeled loft in the heart of the Social District has everything you are looking for in a loft. Enclosed bedroom, new Air Conditioning System, brand new appliances, new Acacia floors, fresh paint and new lighting. The large windows offer a serene tree line view with tons of natural light. The kitchen area is open to the large living area, while an oversized in-unit utility room with premium washer and dryer adds exceptional convenience. Elleven is a 2006 LEED certified building with a lap pool, spa, sun terrace with BBQs and lobby. Parking is deeded. A short walk to Whole Foods, Target, tons of dining & entertainment options, the PICO train stop and much more. With a walk Score of 95 you may never need to drive again!

1111 S Grand Ave Unit 817, Los Angeles

Courtesy of Loftway, Abraham Hernandez - CA DRE#01773826

$705,000

4 Beds ⋅ 2 Baths ⋅ 26996343 MLS

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 St, Los Angeles

Courtesy of Nkkai Properties, Gjenaii Givhan - CA DRE#01238757

$725,000

2 Beds ⋅ 2 Baths ⋅ 26995269 MLS ⋅ Sky Community Association BLDG.

Light, skyline views, and beautifully proportioned interiors set the stage for this striking 17th-floor residence at Sky Lofts. Expansive windows frame the surrounding cityscape, filling the home with natural light and creating a dramatic backdrop for everyday living. Warm wood floors, high ceilings, and a flowing open layout give the space an inviting sophistication, with generous room for lounging, dining, and entertaining. The kitchen features clean-lined cabinetry, stainless steel appliances, ample storage, and a broad peninsula with bar seating, keeping the cook connected to the conversation and the views. Two sleeping areas feature large sliding translucent-glass partitions, offering flexibility to open the home into one expansive space or close them for privacy while preserving its distinctive loft character. The primary retreat enjoys its own city outlook and a spacious bathroom with dual sinks, a separate glass-enclosed shower, and a soaking tub. A generous walk-in closet, second bathroom, dedicated laundry closet, and two assigned parking spaces add everyday convenience to the home's polished design. A private driveway off 8th Street leads to the residential lobby. Sky Lofts' impressive common spaces extend the experience beyond the residence, offering a soaring glass-lined lobby, fitness center, screening room, and spacious resident lounge with a kitchen. The exceptional lobby staff brings a welcoming personal touch, creating a sense of home from the moment you arrive. At 801 South Grand Avenue, this is Downtown living with architectural presence, warmth, and a captivating connection to the city.

801 S Grand Ave Unit 1712, Los Angeles

Courtesy of Realty Source Incorporated, Agnes Ferreyra - CA DRE#01799633

$1,150,000

12 Beds ⋅ 6 Baths ⋅ 26995011 MLS

Fantastic opportunity to acquire 915 E. 50th Street Apartments, a well-located multifamily property situated on a spacious 12,652-square-foot lot. The property includes six apartment units: three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and two 2-bedroom/1-bath townhome-style units. Each unit is separately metered and equipped with an individual water heater. The property also features 10 parking spaces and an on-site laundry facility owned by the property. One unit is currently vacant and rent-ready, providing an immediate opportunity for the new owner. The property also offers potential to develop detached ADUs using excess land, subject to verification and approval by the City of Los Angeles.

915 E 50th St, Los Angeles

Courtesy of Mega Realty, Myung Seung Shin - CA DRE#01857653

420 S San Pedro St Unit 410, Los Angeles

$589,000

1 Baths ⋅ 26995333 MLS ⋅ Little Tokyo Homeowners Association BLDG.

Welcome to a New York-style loft in Downtown LA. The 2-bedroom loft is in a Landmark building. Unique to the Little Tokyo Lofts, the bedrooms are enclosed. The loft features architectural elements such as a semi-open floor plan with an original oversized steel casement window facing West. The window renders a stunning WOW-view of the Downtown L.A. skyline. The loft is a quiet and peaceful retreat from the hustle and bustle of the city. Watch the sunset from the comfort of your living room, kitchen or bedroom. Step into tall gallery walls, hardwood floors, 12 ft. ceilings, exposed beams and original columns. Natural light emanates throughout. One bedroom is enclosed with custom hidden doors disguised as a bookcase. The secret duo-doors add style and function as they open wide blending seamlessly into the semi-open floor plan. The kitchen is fully equipped with stainless steel appliances. The bathroom features a large soaking tub and washer & dryer. Bonus feature: 2 parking spaces on title. In addition, rare for Downtown L.A., there are 25 guest parking spaces on-site. Centrally located and walkable to any neighborhood in DTLA. Building amenities include 24/7 security, an open-air lounge patio, a heated pool and hot tub, barbecue area, fitness room and dog run. Adjacent to Little Tokyo - which is now 1-of-3 remaining historic Japantowns left in the nation. Bordered by the Arts District, an eclectic neighborhood with a diverse range of Michelin star restaurants, concept coffee shops, breweries and world class museums. Exploring the city is easy with a Metro Bike Share Station outside the buildings front doors. Near public transportation and easy access to freeways. The Little Tokyo Lofts is a six-story condominium building. The building stands as a testament to the industrial history of Downtown Los Angeles. Originally constructed in 1922 as the Westinghouse Electric Company, the trademark historic Art Deco building was transformed into residential lofts in 2006, offering a blend of historic charm and modern living. The HOA monthly fee covers water, trash, 24/7 security and maintenance of the common areas.

420 S San Pedro St Unit 410, Los Angeles

Courtesy of eXp Realty of California Inc, Alma Lam - CA DRE#01926963

$599,000

1 Beds ⋅ 1 Baths ⋅ 26992869 MLS ⋅ EVO BLDG.

ONE OF THE MOST DESIRABLE ONE BEDROOM FLOOR PLANS IS AVAILABLE TO PURCHASE IN THE EVO BUILDING. UNIT 905, PART OF THE "05" STACK, IS RARELY AVAILABLE. This spacious, 1bed/1bath, plus bonus room/office area. Bedroom offers amazing windows, not the typical one bedroom that is behind the kitchen without windows. Amazing bright unit offers East views of Los Angeles and beyond. Spacious utility room in the unit offers full size washer and gas dryer. One car parking space in premium location with EV charger included. EVO is a LEED-certified Green building with amazing amenities including outdoor rooftop lounge with breathtaking DTLA skyline views, available to use or rent for events; fitness center on the top floor of the building, pool , hot tub, and outdoor dining areas along with a kitchen to make for easy entertaining. Located just steps from LA LIVE, Wholefoods, and the new Erewhon opening in 2027! Now is the perfect time to invest in DTLA! So much more is coming! LIVE, WORK, PLAY IN DTLA!

1155 S Grand Ave Unit 905, Los Angeles

Courtesy of RE/MAX Signature, Art Avaness - CA DRE#01450817

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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.