The median home value in Los Angeles, CA is $880,000.
the county median home value of $600,000.
The national median home value is $232,276.
The average price of homes sold in Los Angeles, CA is $880,000.
Approximately 45.33% of Los Angeles homes are owned,
compared to 47.44% rented, while
5.4% are vacant.
Los Angeles real estate listings include condos, townhomes, and single family homes for sale.
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Rosano Partners is pleased to present the opportunity to acquire a vacant R3-1-O property in the up-and-coming West Adams-Beverly Hills-Leimert Community Plan Area. The 12,269 SF lot comes entitled for a four-story building featuring 25 apartment units on 34,967 SF of floor area. Required parking will be provided underground by 25 car spaces and 26 bicycle spaces. Two of the 25 apartment units are set aside for Extremely Low Income Households as part of the included TOC density bonus. The approved soils report as well as any architectural, mechanical, electrical, and plumbing plans will be provided. However, the project will not be delivered RTI.
***OPPORTUNITY ZONED WITH VIEWS*** Close to 10 acres for a development site which consists of 3 lots. (2 lots are Zoned A1-1XLD ideal for single family home developments, a ranch or horse ranch, along with agricultural uses and 1 is Zoned [Q]R1-1D for residential development. The three lots are contiguous to one another. Zoning and Tax incentives available: Opportunity Zone - NMTC Qualified Zone - (UAIZ) Urban Agriculture Incentive Zone - East Los Angeles State Enterprise Zone. Please check with the City and County of Los Angeles to verify all information and uses. This property is located right off the paved road bordering single family homes. The Hillside Village is a neighborhood that is peaceful and surrounded by nature with amazing scenic views!! Just minutes away to Downtown Los Angeles, Alhambra, Pasadena, Cal State University, and the USC Medical Center. A convenient location to access freeways. APN's included in the sale are 5214-025-004, 5214-024-019 and 5214-025-006.
36-Unit Apartment Entitlement RTI • 500 W Alondra Los Angeles 90248 (New Address) • 16101 S Figueroa St Los Angeles 90248 (Former Address) • Units: 36 (33 Market, 3 Restricted) • Unit Mix: 3 bed, 2 bath (All) • Parking: 54 Stalls, 2 Levels • Size in SF: Building 36K, Parking 24K, Roof Top 6.3K • Expenditures: Over $800,000 • Market Rent $2641 (33x) – Matches L.A. Section 8 Amount (2019) • Restricted Rent $914 (3x) – Allowable Rent by HUD (2019) • Gross Monthly Rent: $89,895 (100% Occupancy) • Gross Annual Rent: $1,078,740 (100% Occupancy) • Expenses: $210,681 o Property Tax: $137,500 (Assessor Valuation of combined Land and Build Cost of 11M) o Resident Manager: $15,000 o Utilities for Common Areas: $12,000 o Water for 36 Units: $0 (Each unit should be sub-metered) o Landscape Maintenance: $6,000 o Cleaning: $6,000 o Miscellaneous: $6,000 o Vacancy: $16,181 (1.5% Vacancy Rate; high bedroom count = low turnover) • Net Operating Income $868,059 (98.5% Occupancy) • Market Value when Built: $18.2M Estimated (4.75% Cap Rate) • Cost of Construction: $8M • Cost of Land: $3M • Cost of Land and Construction Total: $11M • Equity: $7.2M • Effective Cap Rate: 7.8% ($868,059/$11,000,000) • Delivered RTI w/ MEP Additional Features: • Each Unit with Washer/Dryer • Each Parking Level has its own Ingress/Egress • Ample Bike Parking • Abundance of Outdoor Roof Decks • Fully Secured Building • ADA Accessible • Elevator Access • Efficient Unit Layouts
Vacant land near So Pasadena in Monterey Hills, Highland Park, Los Angeles, a very popular neighborhood for commuters to DTLA and Pasadena. Close to Arroyo Parkway (110 fwy.). Zoning is LAOS (open space). It is a gently sloping 42,000 SF lot in a residential area of SFR and Condominiums. Seller reserves the right to approve the buyers plan for development and design of the project. This is an outstanding location in the Northeast Los Angeles (NELA) comminity.
PRICED FOR A QUICK SALE! R3 Zoned - 7500 Sq Ft Lot with 50 Ft frontage in Hollywood. No relocation fees or dealing with tenants as the previous dwelling has already been demolished and the property is fenced off. TOC TIER 2 .Broker/Agent and Seller does not guarantee the accuracy of square footage, lot size, zoning, permits, use code, schools, pictures and/or other information concerning the conditions and features of the property provided by the seller or obtained from public records or other sources. Buyer and Buyer's Agent is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Seller(s) are real estate licensed. May be subject to 1031 exchange at no cost to buyer.
1817-1833 Corinth Avenue is a rare development opportunity (currently operated as an apartment building) with in-place entitlements and a recorded final tract map that offers advantages no longer available under current code (Buyer to verify). Architectural plans have already been prepared and are in process.The current entitlements have been grandfathered and were created with the favorable SB1818 regulations (Buyer to verify). The project makes use of a 35% density bonus that allows for 52 large condominiums (48 market rate, 4 very low income). It is situated on a huge quadruple lot tract of 28,992 SF zoned QR3 with an alley. (Buyer to verify). The entitlements also allow for a 20% increase in FAR (3.6:1, 84,950 square feet) and 20% increase in height (54 feet).The site also falls within a favorable TOC 2 zoning area. Current improvements consist of 3 multi-family properties with a combined 36+1 units grossing nearly $855,000 annually.
DEVELOPER ALERT: Opportunity to develop a duplex on a approximately 4,848 sq. ft lot zoned R2 in the LA area! Located in Los Angeles with a easy access to freeways, City Terrace Park, Monterey Park Golf Course & just minutes away from CSU-LA. Also, close to retail, shopping and restaurants. Don't let this rare opportunity go by! Buyers are to verify all information and rely on their own investigation.
Outstanding, flat lot in the unincorporated portion of Los Angeles. There was a house here previously that was taken down so services are brought to the lot. Liberal R3 Zoning provides many ways to make this an excellent 'bread and butter' asset. Owner has a design that was approved at one time which will be transferred with the sale. Many new, multi family developments in the area, this property is ready to go.
Development opportunity with views!! Located in the Hills near Silver Lake and Echo Park is this vacant lot with 36,000+ sq.ft.!! Sited at the end of a long secluded driveway as a hidden gem with incredible options to create and realize your vision with an architect and builder. This is a fantastic chance not only for an owner user who wants to live in privacy and live central in the hustle and bustle of Los Angeles, but is ideal for a developer too. Huge upside. The setting is private and serene offering the potential for spectacular canyon and mountain views with a new home build. A fabulous opportunity in an exclusive location. 180 degree panoramic views spanning all the way!! This lot is one of the lowest price per sq. ft. for sale in the area!! Seller does not have any investigations or surveys for this lot. Buyer to do any and all investigations.
Located on an unimproved street in the desirable Glassell Park neighborhood, this 7,685 SF untouched parcel presents the savvydeveloper or end-user with the perfect opportunity to build their dream home. *** Seller has limited knowledge of property. Buyer to verify all information andperform their due diligence.
Amazing opportunity to build a home with city & LA skyline views. This lot has a gentle down slope. Located in Lincoln Heights and is zoned Residential (R1). Short drive to Dodger Stadium, Elysian Park and Downtown LA. Property is near the 5 and 110 freeway. The land is located at 3306 Two Tree Avenue. Please check with Building & Safety for all building matters associated with this parcel.
Dream home ready. This lot has it all: stunning mountain views, on a quiet street, an easy commute to Downtown LA, Hollywood, and access to three major freeways. Nestled next to the famed Silver Lake Stairs and Corraliltas Red Car Trail, you can make your way to the Silver Lake Reservoir and Dog Park, Whole Foods, Silver Lake Wine, L&E and all the amenities of LA's most vibrant neighborhoods. Planning on expanding your family? The highly touted Rose Scharlin Co-op Nursery School is blocks away. The property is Zoned R2 for a duplex, a great option for the buyer looking for a smart investment. Maybe the option is a Modern Designed Shipping Container Home. Whatever your dream is, make it a reality as development has already started on that hillside and newly constructed homes are selling for upwards $1.5 million. For the impatient buyer who seeks a brand new custom home, existing plans are developed and ready for plan check by buyer. Reports and drawings available for the right offer and will be provided at close of escrow. Financing is available through US Bank for the lot, land and construction.
DEVELOPMENT OPPORTUNITY - ZONES OUT FOR LA CANNABIS RETAIL SPACE, APARTMENTS, MIXED-USE. ETC - PHASE 1 & 2 COMPLETED . Terrific opportunity to own a C2 COMMERCIAL CORNER LOT on a major corridor through Mid-City Los Angeles. The lot is completely flat & measures 7000 SqFt. Located on the corner of Venice Blvd and 4th Ave providing multiple access and egress points, plus an abundance of visibility for marketing opportunities to future businesses. LA Traffic Data reported 14,000 - 22,000 passes per day. The current use of the property includes a SMOG test center and a transmission shop totaling 4 work bays on the East side of the lot. The structure is a tall cinder block building with with roughly 2,450 sq ft, build back in the early 90's. The remainder of the lot is used as parking space. Both workshops are currently occupied by tenants on a month to month basis. PLEASE DO NO APPROACH TENANTS. Being sold for land value, As-Is. Buyers are responsible for doing their own due diligence.
Vacant lot in a busy residential neighborhood. Breath taking views of city lights. APN# 5230-006-016. Approx 11186 SF lot. Zoning R1. Build your dream home with gorgeous city views!! Utilities are very nearby. Lot is up slope from N Gage Ave, great building site in City Terrace! Lots like this don't last long in this market. Drive by and make an offer. Buyer to verify all information and rely on their own investigations. Sold AS IS & WHERE IS. Lot is facing 1001 N Gage Ave. Recent topographic survey available upon request.
1403 Arapahoe Street in the city of Los Angeles is located in the excellent location surrounded by developments. This single-family residence is in the heart of Koreatown, adjacent to Downtown LA, located just north of Pico Boulevard, south of Olympic Boulevard, east of Vermont Avenue, west of Hoover Street. This area has seen a dramatic change in the last years, with the addition of many new coffee shops, restaurants, retails, and new construction housing.The area alone has gone through a genesis in revitalization with recent development projects going on this street alone and permits approved for a 125 unit hotel complex on Arapahoe/Pico Blvd. The property is made up of 2,037 square feet building, with approximately 6,158 squarefeet lot area. A great opportunity to buy and build ultra-modern 4 units on LARD1.5 zoning. The property will be delivered vacant at COE. Conveniently located just minutes away from Downtown LA, Leo Politi elementary school, USC, LA Live, Convention Center
LARGEST BEL AIR VIEW DEVELOPMENT SITE IS NOW AVAILABLE!!! This predominantly flat pad of aprox. 5 Acres offers an incredible opportunity to build a 15,000 + sq ft trophy estate in one of the most prestigious and exclusive locations in the world. The expansive flat pad is a developer's dream, with all infrastructure already in place. Plans and permits have been approved with room for 12 cars - A car collector's dream. The luxury estate can have a multitude of guest rooms, state-of-the-art chef's kitchen with indoor/outdoor dining for the most exclusive of entertainers. No expense was spared in designing this home that takes advantage of the panoramic views of Century City & The Stone Canyon Reservoir. Room for a private helicopter pad is located on the driveway, ensuring safety and security. Build the lifestyle you've always dreamed of. Plans and all related reports are available for review for qualified buyers. Must see to appreciate!
Amazing opportunity. Best lot in Beachwood Canyon sited on an upslope 6,574 sq ft plot on the ridge top on one of the most serene streets. Panoramic views of DTLA, the historical Hollywood sign, the Griffith observatory and the canyon. Plans for a 3,400 sq ft Modern or Mediterranean architectural estate with pool, elevator and circular drive with four car parking and car lift. Approved DRB Reports and plans available. Ready to Build.
Prime Hollywood hills location with amazing city views. Ideal for long term investment or experienced developer. Water and Electric access nearby. Buyer to verify all information and rely on their own investigations. Survey and slope analysis available. Serious buyers only.
Plans approved, permits pulled, all that is needed is you to break ground on this new Silver Lake home! Come build your dream home with 3 bedrooms and 3 bathrooms in 2170 sq ft of living space, plus a 1 bedroom/1 bathroom ADU with 395 sq. ft. So close to the shops and restaurants on Sunset Blvd that Silver Lake is known for, this is an amazing find!
Looking to build a small aka Tiny Home?Here is an opportunity to have post card views of the Hollywood Sign. Lot is located on a paved road with all the utilities in the street. All you need to do is connect to the utilities. Best priced vacant lot in the 90068 zip code. The best part is you can even see historic Mullholland Dr. Here is your chance to live in the Hollywood Hills for a very reasonable price. No Sign on the property
This is a fantastic opportunity in Rose Hills. This very desirable city has many construction projects in the making. This lot sits on the W. Rose Hill Dr. curve and has gorgeous views of the San Gabriel Mountains.
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