East Los Angeles Homes under $2 million

East Los Angeles Homes under $2 million

Welcome to East Los Angeles, a vibrant and culturally rich community nestled within the heart of Los Angeles County, California. Known for its dynamic blend of history, art, and diverse neighborhoods, East LA offers an authentic Southern California experience that is both inviting and exciting. With its close proximity to downtown Los Angeles, residents enjoy easy access to the bustling city life while still being able to retreat to the warmth of their own neighborhoods.

One of the standout features of East Los Angeles is its affordability, especially for those seeking homes under $2 million. This area boasts a wide variety of properties, from charming single-family homes to modern condos, making it an ideal location for first-time homebuyers, families, and investors alike. With a strong sense of community and an array of local amenities, East LA provides an exceptional quality of life without the hefty price tag often associated with other parts of Los Angeles.

Residents can indulge in the rich tapestry of cultures that East Los Angeles has to offer, from mouthwatering street tacos to vibrant murals that tell the stories of the community. The area is also home to numerous parks, schools, and shopping centers, ensuring that everything you need is just a stone's throw away.

Whether you're looking to settle down or invest, East Los Angeles presents an attractive opportunity to own a piece of this lively city without breaking the bank. Come explore the possibilities and discover why East LA is a place where you can truly feel at home!

Newest East Los Angeles Homes under $2 million

743 N Manhattan Place, East Los Angeles
$695,000
2 Beds ⋅ 2 Baths ⋅ 26990593 MLS ⋅ Active Status
Set on a tree-lined block in the heart of Melrose Hill, this thoughtfully updated 1922 Spanish-style condo honors its historic character while embodying contemporary design. Enter through a private stairway into this upper-level two-bedroom residence. A landing area outside the unit's front door allows for a graceful transition home. Once inside, a formal dining room opens to the adjacent living room, where original period details like the Batchelder tile fireplace, built-in bookshelves, and arched doorways are complemented by newly added elements of wainscoting, crown molding, brass light fixtures, and wide-planked hardwood floors. Peekaboo Downtown L.A. views orient you on your quiet block of our iconic city. A spacious powder room sits just off the living room. Beyond this main living space are the kitchen and grand hallway leading to the bedrooms and laundry, with a color-drenched primary positioned at the end of the hall. Across from the guest room is the unit's full bath, which services both bedrooms and features a tub. A laundry room serves as the back entrance, where stairs lead to the unit's driveway and carport. Parking for two vehicles per unit is permitted. This fourplex is a Tenancy-in-Common ownership structure, well established and managed since its inception in 2019. Major improvements to the building and unit include new electrical, sewer line, plumbing, and roof. Additionally, the unit has a newer washer and dryer, water heater, kitchen appliances, and HVAC mini-splits in each bedroom and the main living space. Melrose Hill is an exciting, emerging neighborhood, quickly becoming a destination in and of itself for food, art, and culture. Blocks away are iconic neighborhood favorites like Cafe Telegrama, Bar Etoile, tra, Little Fish, LA Grocery & Cafe, and FOLM Studio. With easy access to Larchmont, the Eastside, Hollywood, Koreatown, and Downtown L.A., this is a rare opportunity to own a character-rich home, updated to perfection, in one of the coolest neighborhoods of Central Los Angeles.

743 N Manhattan Place, East Los Angeles

1117 N Herbert Avenue, East Los Angeles
$625,000
2 Beds ⋅ 1 Baths ⋅ SB26183972 MLS ⋅ Active Status
Set on a desirable corner lot, this charming 2-bedroom, 1-bathroom home offers approximately 832 square feet of inviting living space, complemented by a rare and spacious outdoor patio area that creates an ideal extension of the home for relaxing, dining, entertaining, or enjoying the outdoors. Inside, the efficient floor plan offers comfortable living spaces with plenty of natural light and a warm, welcoming feel. A versatile utility/office room provides valuable flex space for a home office, storage, creative pursuits, or everyday organization. The detached garage adds even more functionality and has previously been used by tenants as an art studio, offering an appealing option for a creative workspace, hobby area, additional storage, or other flexible uses. One of the property’s most distinctive features is its collection of mature fruit and shade trees, including a remarkable 100-year-old fig tree, a similarly aged olive tree, a bountiful guava tree, an orange tree, and two mature avocado trees. These established trees bring character, beauty, and a sense of history that is difficult to replicate. The rare outdoor patio provides additional living space and creates a wonderful setting for outdoor dining, entertaining, relaxing, or enjoying the beautifully established surroundings. Whether you’re a first-time buyer, looking to downsize, or searching for an investment with character and versatility, this property offers a wonderful combination of charm, functionality, mature landscaping, and flexible indoor-outdoor space.

1117 N Herbert Avenue, East Los Angeles

3733 Bostwick, East Los Angeles
$1,350,000
SB26166189 MLS ⋅ Active Status
3733 Bostwick Street presents the opportunity to acquire a partially renovated seven-unit multifamily investment consisting of five legal units and two non-conforming units in the highly accessible City Terrace neighborhood of East Los Angeles. Situated on a 5,771 square foot lot, the property contains approximately 3,810 square feet of rentable building area. Renovations have been completed to 71% of the units, allowing investors to benefit from immediate cash flow while completing the remaining value-add opportunities. Offered at a 7.40% Scheduled CAP Rate and 8.39 Scheduled GRM, the property features an attractive unit mix of two studios, one one-bedroom/one-bath unit, and four two-bedroom/one-bath units, including two non-conforming units. Recent capital improvements include new roofs on two of the property's three buildings, reducing near-term capital expenditures while enhancing the property's long-term appeal. Located just minutes from Downtown Los Angeles, the property is surrounded by a dense infill neighborhood with convenient access to restaurants, nightlife, and major employment centers. Within a 10-minute drive of approximately 40 million square feet of office space and offering immediate access to the 5, 10, 60, 101, and 710 Freeways, 3733 Bostwick Street benefits from strong rental demand driven by exceptional regional connectivity and proximity to one of Southern California's largest employment hubs.

3733 Bostwick, East 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.

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