The median home value in Los Angeles, CA is $1,005,000.
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 $1,005,000.
Approximately 45.51% of Los Angeles homes are owned,
compared to 47.38% rented, while
5.3% are vacant.
Los Angeles real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
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Owner Motivated. Make an Offer. We pleased to present this unique opportunity to purchase an +15,222 square foot lot zoned C2-1VL-CPIO. The property consists of a parking lot and church that is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Los Angeles. A developer can build 88 to 154 units on the site. This is a very good value at under $11,000 per buildable door. The property consists of a well-loved +/-4,208 sq.ft. church as well as the generous corner parking lot with easy visibility, and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks north of beautiful Earvin "Magic" Johnson Park and Social Security Administration office and close to Animo Watts Charter High School and Animo Mae Jamison Charter Middle School. Easy access to the 110 Freeway and 105 Freeway Interchange. The site includes two APN numbers for sale together: 11854 Avalon (APN: 6084-005-035) and 11860 Avalon Blvd. (APN: 036 6084-005-036).
We are pleased to present an estimated +/-3,494sf commercial building on +/- 16,055sf of LCC1 zoned land. Located on a lighted intersection with alley access, the property caters itself well to an owner-user, medical user, clinic, veterinarian, 7-Eleven type convenience store, retail, or professional office needing by significant visibility and 25+ parking spaces! As a development site, the corner lot and alley access are primed for a developer to utilize 100% affordable housing incentives to maximize units on the large 16,055sf LCC1 zoned land. With its close proximity to the 110 Freeway, the property is well positioned for any type of investor to take advantage of continued appreciation for years to come. Any Buyer shall complete their own due diligence to determine what the current legal use allowed is for the property. For more information please contact the Listing Broker.
18 Unit: 100% Affordable project delivered RTI and ready to build. The lot is on a Corner and Situated in a cul-de-sac. The 4story project is designed on grade, keeping construction costs down. The owner has demolished the building that was on site delivering a vacant lot with no demolitionor relocation costs.
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