Metropolitan South (C37) Homes with Three Or More Levels Stories

Welcome to the vibrant heart of the Metropolitan South region in Los Angeles, California, where urban sophistication meets suburban charm. This dynamic area is known for its diverse neighborhoods, rich cultural tapestry, and an array of amenities that cater to every lifestyle. From trendy eateries and boutique shops to expansive parks and entertainment venues, the Metropolitan South is a thriving hub that offers something for everyone.

One of the standout features of this region is its impressive selection of homes with three or more levels. These multi-story residences provide an ideal blend of space and functionality, perfect for families or individuals seeking a unique living experience. With their spacious layouts, these homes often feature expansive living areas, gourmet kitchens, and luxurious master suites, all designed to maximize comfort and style. The added levels offer versatility, whether you’re looking for a dedicated home office, a cozy media room, or extra guest accommodations.

Living in the Metropolitan South means enjoying the best of Los Angeles. Residents have easy access to major freeways, making commutes a breeze, while the vibrant downtown area is just a short drive away, filled with cultural landmarks and entertainment options. Additionally, the region is served by excellent schools and community resources, making it an ideal choice for families.

Experience the allure of the Metropolitan South, where stunning multi-level homes await to welcome you into a community that’s as dynamic as it is inviting. Discover your dream home in this exceptional part of Los Angeles, and embrace a lifestyle that’s truly one-of-a-kind!

Newest Metropolitan South (C37) Homes with Three Or More Levels Stories

$1,285,000

4 Beds ⋅ 3 Baths ⋅ CV26207519 MLS ⋅ Active Status

Tucked within the coveted hills of Solano Canyon at the edge of Elysian Park, this beautifully maintained 4-bedroom, 3-bath residence offers a rare blend of natural beauty, privacy, and urban convenience. Offered for sale by its original owner, the approximately 1,570-square-foot home features an upgraded open-concept kitchen, spacious living and dining areas, abundant natural light, a primary suite with a private balcony and renovated bathroom, fresh exterior paint, and an attached garage. Moments from Downtown Los Angeles, Echo Park, Silver Lake, Chinatown, and Pasadena, this exceptional property presents a unique opportunity to enjoy one of Los Angeles' most treasured and tightly held hillside neighborhoods. For those seeking the unique combination of privacy, community, outdoor recreation, and proximity to the city's vibrant urban core, this is the place. A rare offering in a neighborhood where homes are seldom available.

706 Amador, Los Angeles

$3,600,000

OC26174561 MLS ⋅ Active Status

Built in 2024, 127-133 E. 88th Street is a turnkey 10-unit multifamily asset in South Los Angeles featuring eight four-bedroom residences and two JR ADUs. Unlike a typical value-add acquisition, this turnkey asset offers modern finishes, efficient new construction, and minimal near-term capital improvement requirements. The property consists of four residential buildings with eight spacious four-bedroom residences and two JR ADUs, providing a diverse mix of income streams within a single asset. Large, family-oriented floor plans, private entrances, multiple bathrooms, and extensive on-site parking create a highly rentable configuration designed to support durable tenant demand. Covered carports, landscaped areas, and dedicated utility and storage space further enhance the property’s functionality and tenant appeal. Located approximately eight miles south of Downtown Los Angeles, with convenient access to the I-110 and I-105 freeways, the property is well positioned near major employment centers, schools, shopping, and neighborhood services. With 10 income-producing units, low-maintenance construction, and strong long-term rental potential, this E. 88th Street property offers investors an attractive combination of immediate cash flow and long-term appreciation.

127 133 E 88th, Los Angeles

$2,800,000

12 Beds ⋅ 12 Baths ⋅ 26843201 MLS ⋅ Active Status

We are pleased to present 142 East 84th Street, a brandnew,12-unit 100% affordable multifamily asset located in South Los Angeles, offered at $2,800,000 ($233,333/unit | $475/SF). Being brought out to market vacant, the property consists entirely of one-bedroom/one-bath units across three stories on a 5,199 SF lot and requires no deferred maintenance or capital investment. The asset is subject to a recorded Rental Covenant Agreement Running with the Land administered by the Los Angeles Housing Department under the City's TOC Tier 2 Affordable Housing Incentive Program, restricting all 12 units as deed-restricted affordable for a 55-yearterm from Certificate of Occupancy. The covenant structure functions a s along-term, government-supported income guarantee, delivering a current caprate of 7.69% and NOI of $215,402, with a pro forma cap rate of 8.45% and NOI of $236,651 as rents adjust to prevailing AMI levels. The covenant is fully assumable and transferable, with a straightforward LAHD assignment process required at close of escrow. The property is ideally situated within the 90003 zip code of South Los Angeles, a densely populated and fundamentally supply-constrained submarket. With over64,000 residents within one mile, an average household size of 3.6 persons, and a renter-occupied housing rate exceeding 74% within a three-mile radius, the submarket presents persistent and deep demand for quality affordable housing. The surrounding area benefits from proximity to major employment centers including SpaceX, Nike, LADWP, Charles R. Drew University of Medicine, and the broader LA Metro network, driving a stable and consistent renter base across economic cycles. Median household income within one mile is approximately$51,000; well within the qualifying thresholds for Low Income restricted tenancy and further supporting strong occupancy fundamentals. For impact investors, CDFIs, affordable housing operators, and mission-aligned capital seeking predictable, low-volatility income with 55-year hold certainty, 142 East 84th Street represents a rare, turnkey opportunity into Los Angeles's regulated affordable housing market at a competitive basis relative to comparable new-construction product trading in the immediate submarket.

142 E 84th Street, Los Angeles

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