The median home value in Los Angeles, CA is $1,200,000.
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 $1,200,000.
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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Located in one of Los Angeles most rapidly growing neighborhoods, this LARD 1.5-zoned property offers a prime investment and development opportunity. With significant potential for multi-unit construction, this site is ideal for developers seeking to maximize density and long-term value.The property currently features nine individual houses and a salon, providing immediate rental income while serving as a strong foundation for future redevelopment. Strategically positioned in Glassell Park, this site offers seamless access to major freeways, ensuring efficient connectivity to Downtown LA, Silver Lake, and Glendale. The areas ongoing growth and demand for housing make this an exceptional opportunity for investors looking to develop in a high-potential market.Whether for redevelopment, expansion, or a value-add project, this property presents a rare chance to create a high-performing asset in a sought-after Los Angeles location
Step back in time with this c. 1903 Four Square Mission Revival home, known as the Murdock House, Historical Cultural Monument 778. Located at the base of Mt. Washington, this elegant three-story building combines vintage charm and thoughtful restoration including original wood floors, crown moldings, cornices, grand staircase with separate stairs to the kitchen, decorative fireplace, original doors, leaded glass front windows, light fixtures, restored push button light switches, HVAC grilles, and built-in window seats. Offering a unique workspace for creative professionals, office, or other commercial use. With its C2 zoning and Single Family Residential code use, discover the potential for living, working, or both. Three stories of thoughtfully restored space, including the inviting living/reception area with original character, kitchen with service porch, large conference/ formal dining room, half bath, all on the main floor. Four bedrooms/offices, with exterior metal stairs to the west bedroom and a full bathroom with claw foot tub and wood floors on the second story . Third story bedroom or office, via a private staircase. Enjoy views from second and third floor windows of the Southwest Museum, surrounding hillsides, and the San Gabriel Mountains. Gated property with drought-tolerant landscaping, including an abundant grapefruit tree and built-in planter. Two off-street gated parking spaces, single car garage, plus ample street parking. Situated just off the 110 Freeway (Ave. 43 exit), this location near the gold line offers easy access to all the hotspots on Figueroa St., Highland Park, downtown LA, and Pasadena, making commuting and/or client visits a breeze. With its historical significance, updated systems, and prime location, the Murdock House is a rare opportunity to establish your business or residence in a one-of-a-kind setting, with Mills Act property tax savings.
INVESTORS/DEVELOPERS: 3-Lot Development and Investment Opportunity A prime corner property with high visibility in Cypress Park featuring three side-by-side lots with LAR1.5 zoning. This is a unique opportunity for developers, investors, and business owners looking for multi-unit development potential or a turnkey investment with existing rental income. Key Highlights: - LAR1.5 zoning, ideal for small-lot subdivisions, multi-unit developments, or a custom-built community - Three contiguous lots providing a combined footprint for development or mixed-use opportunities - Income-producing property currently operating as a party supply store, flower shop, and retail space, with a long-term tenant on a month-to-month lease - Additional business space with one unit used for ice cream bar distribution, with equipment included and sold as-is - Recently upgraded unit featuring new stainless steel sinks, updated plumbing, industrial freezer, and fresh paint with $21,000 in recent improvements - Prime location minutes from Highland Park, Frogtown, Downtown LA, Chinatown, and major medical centers - Easy freeway access near I-5, I-110, and I-2, making it convenient for business operations and commuters - Rapidly growing neighborhood with strong demand for housing, retail, and mixed-use developments Whether youre looking to redevelop, expand, or hold as an investment, this rare multi-lot opportunity in an appreciating area offers versatility and strong upside potential.
We are pleased to present a net lease retail investment opportunity in the Highland Park neighborhood of Los Angeles located on the main thoroughfare of N Figueroa St just off the 110 Freeway. 4201 N Figueroa St was recently renovated by the tenant and leased to Enterprise-Rent-A-Car, a NNN corporate lease that commenced on February 1, 2024. The original term is ten years* with two five-year options; throughout the base term, there are annual rent increases the greater of CPI or 2%. Minimal landlord responsibilities, allowing an investor to passively collect cash flow; at the asking price, the CAP rate is 5.74%. Enterprise-Rent-A-Car has over 8,000 locations nationwide and is the leader of car rental providers in the industry. Rare opportunity to acquire a NNN corporate lease with long term development potential; the corner lot totals12,051 SF zoned [Q]C2-1VL-HPOZ in a Tier 3 TOC, allowing for residential development and potential to build31 apartment units by-right and up to 52 units utilizing the TOC benefits (Buyer to verify). The Highland Park neighborhood is considered one of the most sought-after submarkets in Los Angeles as it sits in the center of three popular work and entertainment destinations with Downtown Los Angeles to the south, Glendale to the west and Pasadena to the east.
5 SEPARATE PARCELS (5451-006-016,017,019,020,021) TOTAL MORE THAN 20K SQ.FT OF LAND FOR YOUR IMAGINATION OF BUSINESS IDEAS. GREAT FOR RETAIL AND OTHER BUSINESS AND/OR 90 UNIT APARTMENT BUILDING . CURRENTLY USING AS AUTO REPAIR/SALES, PLUS PARKING LOT. THIS IS A CORNER LOT CLOSE TO FUTURE METRO LINKS ENTRANCE/EXIT, POTENTIAL OPPORTUNITIES. DON'T MISS THIS ONE. Call Sam 323-376-2632
Prime Investment and Development opportunity in Glassel Park! Close to Glendale, Eagle Rock and Downtown LA! Approved plans to build 14-unit mixed use apartment building! Amazing exposure and frontage visibility corner of Verdugo Road and Delevan Drive. The property provides superb frontage and signage. Approved plans are available.
Excellent owner/user opportunity to own gated Commercial Office Building that is centrally located with short distance from Glendale, Eagle Rock, Highland Park, Frogtown and Atwater Village. Building offers reception area 4 offices , kitchen and Bathroom . Site also has 220 SF storage unit/ space at the back of the property.
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