The median home value in Los Angeles, CA is $1,100,000.
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 $1,100,000.
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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1108 W 117th St presents a 7-unit multifamily investment opportunity in the Metro Southwest Los Angeles submarket. The property consists of six 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, offering a desirable unit mix that supports consistent tenant demand. The building is fully occupied, providing stable in-place income with clear long-term upside potential. Current rents total approximately $9,216 per month, producing a trailing twelve-month NOI of approximately $70,285.54. The property offers an approximately 6.69% in-place cap rate, with additional long-term upside. Conveniently located with access to major transportation corridors, employment centers, shopping, and neighborhood amenities, the property benefits from strong rental demand in the surrounding area.
9600-9616 S. Western Avenue is a rare three-parcel corner assemblage totaling approximately 24,551 square feet (0.56 acres) at the prominent southeast corner of S. Western Avenue and W. 96th Street in the heart of South Los Angeles. The existing improvements total approximately 8,127 square feet across two purpose-built structures: a licensed preschool campus (6,195 SF) and a church sanctuary (1,932 SF). A third vacant land parcel rounds out the assemblage, offering near-term income from commercial uses such as a recycling center or tow yard. Together, the three components project an estimated $15,264 per month in gross income and approximately $146,434 in annual net operating income, supporting the $2,095,000 asking price at a pro forma cap rate of approximately 6.97%. The site is zoned C2-1VL-CPIO and located within a Transit Oriented Communities (TOC) Tier 2 designation, one of the most favorable development overlays in the City of Los Angeles, enabling 98 residential units by right under TOC and over 100 units under Executive Directive 1 (ED1) with no public hearing required. For an owner-user, a licensed preschool operator, faith-based institution, or community education organization, $2,095,000 represents approximately $258 per square foot for 8,127 SF of purpose-built improvements: a fully configured 6,195 SF preschool campus plus a 1,932 SF church sanctuary with fellowship hall, and a vacant land component that can support parking, outdoor programming, or supplemental lease income. Replacement cost for comparable purpose-built preschool and institutional space in Los Angeles routinely exceeds $500 per square foot, making this an acquisition price that simply cannot be replicated through new construction. A qualified operator can assume or transfer the existing CDSS preschool license (buyer to verify) and be operational with minimal capital expenditure. For a private investor, the site offers three independent income streams, the preschool, the church, and the vacant land parcel, with diversified tenant and use profiles that reduce single-tenant concentration risk. The pro forma income supports the asking price at a 6.97% cap rate, while stabilization of all three components reprices the asset toward the 6.4% scenario, representing an estimated $185,000 in embedded value creation. The Western Avenue corridor continues to attract new multifamily and mixed-use investment, and the TOC Tier 2 designation provides a natural developer exit as land values appreciate. With 372,000 residents within three miles, 24,000 vehicles per day, and 12 minutes to LAX, this is a corridor with durable institutional and community demand. For a developer or land banker, this site represents one of the most entitlement-ready corner assemblages available on Western Avenue today. The C2-1VL-CPIO / TOC Tier 2 zoning is already in place. ED1, AB 2011, and SB 35 all provide by-right or ministerial approval pathways to 100+ units without discretionary review or public hearing. While market-rate development does not pencil at today's construction costs, an affordable housing developer utilizing LIHTC, ED1, or mission capital will find the land basis, site configuration, and entitlement certainty highly competitive in this submarket. A land banker can acquire the site at effectively zero net carrying cost, the income covers it, and hold for the catalyst that makes the development pencil: moderating construction costs, an affordable development partner, or continued corridor appreciation toward the $120 - $150/SF land value range. APN: 6055-022-028, 6055-022-029, 6055-022-030
*** Prime Commercial Lot ***Development opportunity to Build Retail stores with MultiUnits or a Large Condominium Complex !!! Amazing 5 ~ Parcels totaling over 21,500 square feet. Exceptional opportunity for a large Franchise Business, this property has Access for a " DRIVE THROUGH" This commercial land offers flexibility and potential for a variety of uses and builds. Build your vision on this prime commercial land with 2 separate entrances on a corner lot for unique access. Offering high visibility and strong traffic counts, maximizing exposure for your business. Ideal for creating a landmark destination located in Highland park with hundreds of cars passing by Figueroa & Marmion Way. Corner Lot also allows to build a custom 4- story High End Condominium Complex! Owner has Drawings Engineering plans to build 39 Condos and 52 parking spaces on a Large 65,000 square feet 4- Level Building. Currently the property has an Auto Repair shop, Smog check business. Act now to capitalize on this prime commercial land, A true must See!
A rare shovel-ready development opportunity in South Los Angeles with permits ready to be issued for immediate construction of a value-engineered, affordable housing multi-unit project. This corner lot is fully entitled for a four-story, 50-unit residential building consisting of all large one-bedroom units (49 affordable + 1 manager unit) with alley access in the rear and no existing structures, eliminating relocation or demolition costs. The approved plan utilizes cost-efficient Type V wood-frame construction with elevator access, optimizing build costs and long-term returns for developers and investors. The site also includes future potential to add up to 3 accessory dwelling units (ADUs) for additional income. Positioned in a transit-oriented neighborhood with strong rental fundamentals, the property is minutes from the 110 Freeway, Downtown Los Angeles, and USC and surrounded by multiple new construction projects, reinforcing demand in this underserved market. Delivered vacant and permits approved, this project offers both immediate build capacity and enduring market appeal for affordable housing investment.
12513 & 12515 Venice Blvd. is a retail property located along Venice Boulevard in the Mar Vista neighborhood of Los Angeles. The property consists of two attached commercial buildings totaling approximately 5,356 square feet situated on two parcels zoned LAC2. Originally constructed in the 1950s, the buildings include ground-floor commercial spaces with second-floor improvements. Each building is separately metered for utilities and includes heating and air conditioning systems. The property is positioned along a well-traveled commercial corridor within the Westside community of Mar Vista. 12513 Venice Blvd. contains approximately 2,730 square feet. The ground floor includes a retail space currently operating as a yoga studio. The second floor includes improved space with a one-bedroom, one-bath layout and an additional den area. The space includes heating and air conditioning and access to a private enclosed rear outdoor area. Buyer to verify permitted uses, zoning, certificate of occupancy, square footage, and compliance with applicable local regulations. 12515 Venice Blvd. contains approximately 2,626 square feet. The ground floor includes a retail storefront in the front portion of the building with additional commercial space toward the rear. The second floor contains a loft-style office area. The building includes heating and air conditioning and a private enclosed rear outdoor area. The property also includes a billboard structure located along Venice Boulevard. Mar Vista is a Westside Los Angeles neighborhood located between Venice, Culver City, and Santa Monica. The surrounding area includes residential neighborhoods, retail businesses, restaurants, and community amenities. Venice Boulevard serves as a primary east-west corridor connecting Culver City with nearby coastal communities.
A rare opportunity to acquire a freestanding commercial building in one of NELA's most desirable corridors. This creatively improved property features approximately 2,703 square feet of flexible showroom, office, and storage space with strong Eagle Rock Boulevard frontage. The building is well-suited for owner-users, creative businesses, and investors seeking stable income with future occupancy potential. Designed with a modern glass storefront and filled with natural light, the property provides three bathrooms, mezzanine storage, and on-site parking for maximum functionality. Zoned R3-1-CDO with legal non-conforming commercial use, this versatile offering is well-located along the rapidly improving Eagle Rock Boulevard corridor, near Bub & Grandma's, Dunsmoor, the Grant, and Destroy Coffee, with easy access to the 2 and 5 freeways.
Fully occupied multi-tenant retail property located on a prime signalized corner at 1600 S. Main Street in Los Angeles (90015). The asset features approximately 10,000 square feet of rentable area, strong in-place income, and flexible M2 zoning allowing a wide range of retail, showroom, light industrial, warehouse, and distribution uses. Located along a busy Main Street corridor with approximately 20,000 vehicles passing daily, the property enjoys strong street presence and excellent visibility. Its walkable, transit-friendly setting (Walk Score 91, Transit Score 98) makes it accessible for both customers and employees. The current multi-tenant layout provides flexibility for a future owner-user, SBA buyer, or investor looking to capture rental upside and reposition the asset over time. Minimal landlord responsibilities with separately metered utilities and reimbursed water expense enhance operational efficiency in a highly desirable urban infill location.
Historic Highland Park Opportunity - Flexible Use Potential. Located in the heart of vibrant Highland Park, 6035 Mesa Ave presents a rare opportunity to reimagine a property with deep roots in Los Angeles history. Zoned LARD2. Public records indicate the structure was originally built in 1895 as a single-family residence and is currently being used as a church. The property now offers a unique canvas for its next chapter - whether continuing its current use, restoring it back to a residential home, or exploring redevelopment possibilities. The structure requires improvements and is being offered as-is, making it ideal for an owner-user, investor, or developer with vision. Situated on a residential street just moments from York Blvd (~0.6 miles) and the vibrant Figueroa corridor (~1 mile), you'll enjoy close proximity to Highland Park's popular dining, shopping, and cultural destinations. Occidental College is approximately 1.2 miles away, with easy access to Eagle Rock, Pasadena, and Downtown Los Angeles. With a generous lot and a location in one of Northeast LA's most dynamic neighborhoods, the potential here ranges from restoration to reimagining. Buyer to verify all zoning, usage, historic status, redevelopment, and conversion possibilities with the City of Los Angeles.
5110 Whittier Blvd, Los Angeles, CA 90022 Prime East LA Commercial Investment Opportunity Excellent opportunity to own a fully leased 2-unit commercial building on high-traffic Whittier Blvd in the heart of East Los Angeles. This single-structure property is 100% occupied with stable, established tenants: Front Unit: Olvera Music - $5,300/month Rear Unit: ACN Autobuses Coordinados de Nayarit - $3,000/month Total Gross Income: $8,800/month Annual Gross Income: $105,600 The property operates with no landlord expenses, making this a straightforward, strong cash-flowing investment. High visibility location with excellent street frontage, strong pedestrian and vehicle traffic, and surrounded by dense residential neighborhoods and established retail businesses. Perfect for investors seeking: Stable income Minimal management Prime corridor location Long-term upside potential Located minutes from major freeways, public transportation, and central commercial corridors serving the East LA community
Prime South Los Angeles Development Site | Tier 3 TOC | Unlimited Potential under ED1Unlock the potential of 10616 Avalon Blvd, a high-visibility development opportunity in one of Los Angeles' most rapidly evolving submarkets. Currently housing a +/-2,395 SF religious facility on a sprawling +/-9,011 SF lot, the true value lies in the Tier 3 TOC designation and C2-1-CPIO, {Q}R4-1 zoning.C2 is Commercial designation. It allows for a wide range of commercial uses (retail, office, medical and allows for R4 density residential.Positioned less than a mile from the Avalon Metro Station, this site offers a clear path to high-density residential or mixed-use redevelopment. Utilize Tier 3 incentives for a ~37-unit yield or leverage Executive Directive 1 (ED1) for a 100% affordable project with fast-tracked ministerial approvals and zero parking requirements. Don't miss this chance to capture the 'Missing Middle' demand in South LA.Featuring 60 feet of prime street frontage and ample gated parking/yard space, the property is a prime candidate for future residential conversion. Secure your foothold in the path of progress today.PROPERTY WILL HAVE TO GO THROUGH PROBATE
We are pleased to present 3123 Livonia Avenue, a prime 12,866 SF development site in the Palms neighborhood of West Los Angeles, located just steps from the Robertson and National intersection at the gateway to Culver City and the Westside. The current vacant property offers a high-density redevelopment opportunity under Los Angeles' most advantageous housing incentive frameworks, including the Mixed-Income Incentive Program (MIIP) in combination with CHIP. This structure allows developers to significantly increase unit density, deliver a modern mixed-income apartment project, and benefit from zero parking requirements, substantially improving design efficiency and project economics. As a conceptual planning guide only, a MIIP + CHIP scenario may support approximately 1213 units per residential floor. This assumes a gross floor plate is approximately 8,000 SF with net rentable roughly6,400 SF per floor after reducing for hallways, staircases, etc. The first floor includes lobby area, trash room, and mail room; thus, reducing yield by roughly two units. Under this framework, total unit count could approximate 8289 units, with a potential mix of ~90% micro units and~10% small three-bedroom units, while dedicating only a limited portion of units to affordability. Buyers should rely on their own independent analysis and expertise. Given the site's prime West LA location, proximity to transit, employment, and lifestyle amenities, MIIP + CHIP represents a best in-class development strategy for capturing strong Westside rental demand while maximizing density and long-term value. AHIP/CHIP remains an alternative pathway for fully affordable projects, though the property's market fundamentals strongly favor a mixed income, market-driven approach. Notable incentives include but not limited to:* Unlimited Density.* 45% increase in FAR, making it 4.35.* 22 feet/2 story height increase to 67 feet, which can be further increased to 7 stories if 10% of the units are 3 bedrooms. Seven stories is the optimal approach.* Affordability: 12% of the total units need to be ELI (Extremely LowIncome).* Additional incentives are available, such as reduced setbacks and common open space.
Discover the potential of this rare offering in the highly sought-after Northeast Los Angeles neighborhood of El Sereno - a name that literally means serene, quiet, and unruffled. Sits on a generous 8,751 sq. ft. lot, offering exceptional versatility for a wide range of commercial uses. With its commercial zoning, the property is perfectly positioned for your expanding business, creative repurpose plans, or future development vision. Benefit from unmatched accessibility with close proximity to the 110 Parkway and the 5 and 10 Freeways - ideal for logistics, customers, and daily operations. The location is also just north of Keck Hospital of USC and County General Hospital, making this an especially strategic opportunity for medical, professional, or service-based uses. Whether you're an investor seeking a value-add project or an owner-user ready to occupy, this property offers tremendous upside - especially with historically low SBA loan rates, fixed and fully amortized over 25 years, currently in the low 3% range. A true diamond in the rough - don't miss the chance to shape its future.
This is one of the best locations of Los Angeles offering great visibility along with very strong tenant. Bank of America has occupied this building for several years and still have several options of 5 years each extending up to September 30,2104. Current lease expires on 9/30/2029. The property offers 2 more extra lots in the back and can be used for residential development as well. This is one of the best stable opportunities occupied by a strong Bank.
3 Parking Spaces !! Prime owner-user or investment opportunity featuring exceptional versatility in a secure, quiet location with direct I-10 access. This retail condo offers an efficient open layout with strong street exposure, ideal for creative office, showroom, wholesale/retail, or light manufacturing operations. Perfect for apparel, beauty, or specialty retail businesses seeking prominent visibility and flexible space.
PROPERTY IS NOW VACANT. Great Location with tremendous upside. The property is zoned M2 and is conveniently located near major freeways and transportation hubs. There are three separate legal units on the property, each with its own address. The property will be delivered vacant and will be sold in 'AS IS' condition.
Seller will carry! Situated on a prominent corner lot at the intersection of S Wilton Place and 9th Street in Los Angeles, this rare, rectangular, and 100% flat parcel offers excellent visibility, dual street frontage, and flexible development potential. Outstanding development opportunity ideally positioned for multi-unit residential construction. The property's corner configuration provides superior design flexibility and enhanced light exposure, and improved access key advantages for maximizing unit count and architectural appeal (buyer to verify zoning, density, and development standards). This site presents significant upside potential for developers seeking to capitalize on strong Los Angeles housing demand. Ideal for multifamily or other high-density residential concepts, subject to approvals. Seller is motivated and open to structuring seller financing for qualified buyers, offering the opportunity to reduce upfront capital requirements and enhance overall project returns.
Located in the heart of Los Angeles, 9819, 9821 & 9821 1/2 S. Normandie Avenue is a fully stabilized mixed-use investment opportunity offering nearly an 8% CAP rate and strong in-place cash flow. The property consists of two retail storefronts facing S. Normandie Avenue, each approximately +/-800 square feet, and a detached single-family residence in the rear with its own private driveway and direct access to Normandie Ave., +/-1,000 square feet. All units have been remodeled in recent years, showcasing true pride of ownership. The property is 100% occupied with long-term leases in place: The Mini Market pays $1,700 per month (lease expires March 1, 2027), the Smoke Shop pays $1,700 per month (lease expires December 1, 2027), and the residential unit pays $2,550 per month (lease expires December 31, 2027), generating a total monthly income of $5,950 ($71,400 annually). This turnkey asset offers investors a rare opportunity to acquire a well-maintained, income-producing property with diversified retail and residential income in a strong Los Angeles rental market.
Park Broadway Shopping Center is a 15,470-square-foot, multi-tenant retail strip center occupying a prominent full-block position on South Broadway in Los Angeles. Situated on approximately 34,522 square feet of land, the property comprises eleven retail suites ranging from 500 to 4,939 square feet and is currently 95.48% occupied by a diverse mix of internet-resistant, service-oriented tenants. The tenant roster includes a fast-food operator, coin laundry, medical office, chiropractic practice, nail salon, wireless retailer, donut shop, insurance agency, and tax service businesses that serve daily needs and generate consistent foot traffic regardless of broader e-commerce trends. The center benefits from a generous parking ratio of 3.1 spaces per 1,000 square feet, a meaningful competitive advantage in an urban infill environment where parking is often scarce. The property is offered at $6,990,000, representing approximately $452 per square foot and a projected cap rate of 6.41% upon full implementation of the triple-net leases already in place.
Well-maintained 11-unit multifamily investment opportunity located in the heart of East Hollywood, offering a strong unit mix, extensive recent capital improvements, and excellent commuter access. Unit Mix, 4 -Two-Bedroom Units, 6 -One-Bedroom Units and 1 Studio Unit. Recent Capital Improvements. New 400-amp electrical panel, Two new commercial-grade tankless water heaters, Replacement of hot water lines with new copper piping (upgraded from galvanized), New main incoming cold-water line throughout the building, Six units upgraded with: New kitchen sinks, Bathroom improvements, Fresh interior paint, New window screens and blinds throughout. All-new exterior lighting, New Wi-Fi camera security system, Parking structure posts reinforced, Roof in good condition with no known leaks, Majority of units feature tile flooring. Property Highlights: On-site parking spaces for each unit, Efficient layouts with strong rental appeal, Laundry facility on-site. Individual Electric & Gas Meters. Location Benefits: Convenient proximity to the 101 Freeway for easy commuter access, Close to shopping, dining, and neighborhood amenities, Centrally located within East Hollywood's dense rental market. Kaiser Permanente within 0.6 miles, providing a steady tenant base of healthcare professionals and staff. Hollywood Boulevard is just 0.5 mile away, placing residents minutes from dining, retail, and entertainment while maintaining neighborhood livability. The property is also located near the Church of Scientology, further contributing to localized employment and housing demand. Approximately 14 miles from Los Angeles International Airport, offering convenient regional and global connectivity. This property presents a compelling opportunity to acquire a stabilized asset with meaningful recent upgrades already completed, minimizing deferred maintenance while allowing for continued rental upside. Ideal for investors seeking dependable cash flow in a high-demand Los Angeles submarket.
Rarely does an opportunity like this present itself in the highly desirable 90032 pocket of Los Angeles, ideally situated between the vibrant community of El Sereno and the scenic hills of Montecito Heights. Offered for the first time ever, this exceptional 5-unit complex reflects true pride of ownership and meticulous care throughout the years. The property features four spacious 2-bedroom, 1-bath units and a detached rear home offering 3 bedrooms and 2 bathrooms - a highly desirable unit mix that supports strong tenant demand and long-term stability. Each unit has been carefully maintained, making this one of the cleanest, best-kept complexes in the area. In addition, the property includes six garage spaces, creating excellent upside potential for additional rental income. The on-site laundry room already generates solid income, with room to further maximize returns. Why take on the risk and expense of heavy renovations and deferred maintenance? This is a true turnkey investment - headache-free, well cared for, and already producing strong income with built-in future growth potential. Location is everything, and this property delivers. Just minutes away, tenants enjoy outdoor recreation at Ascot Hills Park and the scenic trails of Debs Park. The area offers convenient neighborhood shopping along Huntington Drive and Valley Boulevard, and is close to California State University, Los Angeles, helping support consistent rental demand. Residents are also a short drive from Downtown Los Angeles and its vibrant nightlife scene - including rooftop lounges, live music venues, award-winning restaurants, cocktail bars, and entertainment districts that make LA one of the most dynamic cities in the country. Opportunities like this - first time on the market and this well maintained - are extremely rare in Northeast Los Angeles. Don't miss your chance to secure a prime multi-unit asset in a thriving rental corridor.
Exceptional Redevelopment Opportunity - LAC Zoned | Two Parcels | Prime Investment Potential Unlock the potential of this rare redevelopment opportunity in Los Angeles - a good affordable housing development play. This LAC-zoned property consists of two adjoining parcels totaling 9,597 SF, currently improved with a former motel featuring two single-story buildings, approximately 3,038 SF of existing structure, and 12 on-site parking spaces. The property presents a blank canvas for investors, developers, and visionaries seeking to reposition or redevelop in a high-demand market. With flexible LAC zoning and substantial lot size, the site offers significant upside potential for a variety of future uses (buyer to verify). The City of Los Angeles has issued an Order to Vacate and Secure, and land use privileges for motel operations have been revoked pending required clearances and permits from the LA Department of City Planning and LADBS. This is an opportunity to acquire a value-add asset priced for redevelopment - ideal for those ready to reimagine and revitalize. Buyer to conduct their own due diligence regarding zoning, permits, and redevelopment potential.
This single-tenant, net-leased commercial property is located in the densely populated East Los Angeles neighborhood of Boyle Heights, a submarket known for strong local retail demand and long-standing neighborhood businesses. The property is currently occupied on a month-to-month basis by an established, well seasoned laundromat operator that has successfully served the community from this location for many years. The offering provides an investor with meaningful operational flexibility, including the ability to retain the existing tenant and continue cash flow, renegotiate lease terms, or reposition the property by introducing a new operator or alternative business use, subject to zoning and city approvals. Situated on a prominent corner lot at a signalized intersection along the heavily trafficked commercial corridor of East 4th Street, the property benefits from excellent visibility, strong vehicular exposure, and convenient access for both neighborhood residents and pass-through traffic - attributes that support long-term retail viability and future upside potential.
This 3 unit strip center is located in the dense infill neighborhood of City Terrace in East Los Angeles. The property consists of a laundrymat tenant, a nutrition tenant, and one small vacancy of 638 sq. ft. The property is well located at a signalized intersection and has major upside potential. Small unit sizes make them easy to rent at a higher rent per sq. ft. than larger units would lease for. The lot has 12 parking stalls to provide easy access to tenants and customers. The property also has the potential for an owner user to operate one of the units or the laundrymat. LOCATION DESCRIPTION City Terrace is a well-established residential and commercial submarket located in unincorporated East Los Angeles, just east of Downtown LA and minutes from the Arts District, Boyle Heights, and USC Health Sciences Campus. The area is characterized by dense infill neighborhoods, strong local retail demand, and consistent traffic driven by a large, multigenerational population base. Positioned along key east-west corridors such as City Terrace Drive, 1st Street, and Olympic Boulevard, the neighborhood provides efficient access to Downtown Los Angeles (10 minutes), the I-5, SR-60, and I-710 freeways, making it a strategic location for neighborhood retail, medical, service, and last-mile commercial uses.
10 large units built 1995. Area is improving rapidly making a high demand for rentals. Strong income at $303k proforma. A bargain at $260K per door and $267 per sq ft. All units have gated tandem parking. Coin op laundry onsite. GRM 8.58 CAP 8%. Do not disturb tenants.
1180 E. Vernon offers a strong mixed-use opportunity featuring a street-front commercial space, a 2-bed/1-bath rear unit, and an additional 1-bed/1-bath unit attached to the commercial space (permit status unknown). With three income-producing spaces and value-add potential through permitting or renovation, this property sits in a high-demand corridor near shopping, entertainment, and major freeways. The adjacent parcel at 1192 E. Vernon is also for sale, providing a rare chance to assemble side-by-side lots. Priced at $849,999, this asset offers an attractive $446 per sq ft entry point with strong long-term upside.
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