The median home value in Los Angeles, CA is $1,075,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Los Angeles, CA is $1,075,000.
Approximately 45.51% of Los Angeles homes are owned,
compared to 47.38% rented, while
5.3% are vacant.
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We are proud to exclusively present for sale a large commercial building in Echo Park perfectly suited for a Creative Office space, a restaurant or bar, with tremendous visibility and generous parking, just two blocks to the Echo Park Lake! Also available is a designer Construction Project for the site. The existing building has been used for years by United Independent Taxi, a source of income that could remain during the planning stages. With over 6,000 SF of space plus 30 parking stalls, the property can be adapted to many different uses. The property is in a tremendously pedestrian-friendly location; Walk Score calls the area a Walker's Paradise! With Vons, Lassens and the coming Sprouts Market a very short distance away, most day-to-day needs can be accomplished on foot. The Metro Subway Station is a short 30 minute walk, but the area is surrounded by buses and with very easy access to the 101 and 110 freeways. Come to Prime Echo Park, the center of a dining, nightlife, shopping and hospitality enclave that young professionals are looking for! Or build a Meticulously designed to be the stand-out of the area, this 47 Unit + 5 ADU Potential Project will have the bells and whistles that demanding tenants expect from a Class A design! With a high barrier to entry and rents close to $6 PSF, this is a great pocket to build in! The Project, so far, includes two levels of subterranean parking, and AB 2097 allows for the elimination of part or all parking levels to streamline construction and bring in the Project with significant savings. The Project will consist of mostly 1+1s, with eight 2+2s and one 3+2. All ADUs will be 1+1s. 5 units will be reserved for Extremely Low Income. Purchase this Project with 801 Alvarado St., a 55 Unit Project a block away. Two APNs are included on this listing: 5404-004-026 & 5404-004-002
Completely renovated industrial warehouse in the heart of Echo Park, ideally suited for any and all creative uses. High ceilings, brick walls and vaulted wooden bow-trusses are just some of the architectural highlights of this approximately 3,600 square foot space. Two large open spaces an be utilized for any number of purposes. A spacious glass enclosed mezzanine looks onto the vastness of the warehouse below. New systems include insulated foam roof, three new HVAC units, all new electrical, updated sewer and copper supply lines, two baths, outdoor patio, large 12 x 12 roll-up door, four skylights, wired for sound, cameras and alarm. Adjacent to the bustling Mohawk junction mall at the corner of Sunset Blvd. and Alvarado St. convenient to downtown, Hollywood and just blocks from the 101 freeway.
FOUR units delivered vacant at COE- right on the Edendale border of Silver Lake and Echo Park. This 5 unit opportunity is comprised of : FRONT BUILDING ( vacant at COE ) - 3/1 owners unit 2nd floor; 2 side x side 1/1 1st floor. Two additional stand-alone bungalows ( Title reflects 1/1 per) , both with formal dining room area with built ins and closet, potentially usable for 2nd bedroom or office- one leased for 2800/month ( March '24) , and the second currently VACANT.
Back on the Market! Prime location in Silver Lake area. Great visibility for restaurants, Bars, Bakeries, Coffee shops, etc. Free-standing building in corner lot. Ample parking. ABC license is included with the purchase price.
1762 Glendale Blvd is a multifamily property located in the sub-market of Echo Park in the city of Los Angeles. Constructed in 1914, the three detached bungalow-style units total 1,943 square feet. The buildings are situated on 7,475 square foot lot, zoned LAC2, with parking for (3) cars. This strategically positioned commercially zoned lot offers an incredible opportunity for an investor, developer, or owner/user seeking a prime location in one of the most sought-after neighborhoods in Los Angeles. The property offers multiple strategies to add value. From remodeling the existing vacant bungalow units with the potential to build an ADU and Junior ADU on the lot, to redeveloping the site for multifamily, mixed-use, or affordable housing. A developer has the potential to build (18) units on the site by-right or develop a 100% affordable housing project under Executive Directive 1 (ED-1) with unlimited density.
This is a great opportunity to acquire a commercial property (Mexican Restaurant) with 2 residential units in the heart of the Echo Park area. It is located on Alvarado Blvd. nearby Sunset Blvd. This property is also located in the PROPOSED mixed-use zoning(Buyer must verify zoning details with the City).Heavy daily traffic at a big street cornerlot 7561 sq ft.
Your opportunity to take over an excellent investment. Planning has been approved for up to 14 apartments and building permit is expected in 4 months. Echo Park is Ranked a Top Neighborhood in Los Angeles by EaterLa, Thrilist, Goop, Niche, Loney Planet and New York Times . Walking distance to park and Dodger Stadium. Downtown View.
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