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.
If you like to see a property, contact Los Angeles real estate agent to arrange a tour today!
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We are pleased to present a prime Development opportunity located at 132 S Union Place, Los Angeles, CA. This property, currently a vacant lot, spans 8,340 square feet, offering significant potential for residential development within the Westlake community. Zoned R3-1 and designated for Medium Residential use under the General Plan, this lot provides developers with flexibility for a range of residential projects, including multi-family housing. The property is located in a Transit Priority Area and benefits from Tier 2 TransitOriented Communities (TOC) status, providing developers with attractive incentives such as density bonuses and reduced parking requirements to optimize the development's potential. Additionally, the site is within 500 feet of several schools, including Belmont Senior High, Sal Castro Middle School, and Harris NewmarkContinuation High School, making it ideal for family-oriented residential developments. The property is also close to Unidad Park, offering recreational opportunities for future residents. This vacant lot, with no existing structures, allows developers to begin construction without the need for demolition, expediting project timelines. Positioned in the Westlake Recovery Redevelopment Project Area, this opportunity is further enhanced by the potential benefits available through the Los Angeles State Enterprise Zone, which provides tax credits and other economic incentives. The lot's central location, coupled with its zoning flexibility and TOC incentives, presents a unique opportunity for developers looking to contribute to the ongoing growth and revitalization in the Westlake area.
Only a few steps away from the walking trails of Elysian Park, on historic Kite Hill ,you will discover an amazing setting to build your dream home. Located where Avon Street meets the Baxter Street Stairs, this majestic parcel is comprised of 4 lots totaling more than 2/3 of an acre. Concept renderings provide a glimpse of the possibilities for this site. Owning a large portion of this iconic hillside also presents a unique opportunity to join with neighborhood efforts to preserve existing open space--so rare in Los Angeles. Only a block from the Elysian Heights Elementary Arts Magnet and close to amenities we love ( Cookbook, Valerie, Canyon Coffee and Bacetti), it presents the best of bucolic hillside living while close to the pulse of DTLA.
Presenting a development opportunity in South Silverlake. Currently a 2BD+1BA 1,032 sf single family residence on a 8,000 sf lot. Lot dimension is 160 x 50. Zoned RD2-1. Surrounded by newer multi-family units in a robust rental market. Property is located minutes from Downtown LA, Sunset Junction, Los Feliz, and Hollywood.
801-809 N Alvarado St is a double lot multifamily development opportunity located in the highly sought-after Echo Park neighborhood of Los Angeles.Located on Alvarado St, between Sunset Blvd and the 101 Freeway and two blocks away from the Echo Park Lake. A unique opportunity for a developer to acquire 12,678 SF lot zoned C2-1VL in a Tier 2 TOC offered at a low price per SF of $193.801-809 N Alvarado St offers an investor a multifamily development opportunity with over 115 feet of frontage on N Alvarado St, which attracts over 33,000 vehicles per day.An investor could build 32 units by right or utilize the TOC density increase and build up to 55 units; ownership currently has preliminary plans for a 55-unit project with two levels of subterranean parking, however, a developer could eliminate the parking requirement via AB 2097 (Buyer to verify).Alternatively, there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through Executive Directive 1 if a 100% affordable housing project is pursued.The double lot is currently vacant; no tenant relocation required.High Walk Score of 93, 801-809 N Alvarado St is located 1.5 miles from the Metro Red Line and a short stroll to multiple Metro Local Line bus stops along N Alvarado St.Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Koreatown, Westlake, and Silver Lake, close proximity to retail along Sunset Blvd as well as the LA Downtown Medical Center.
900-906 N Alvarado St is a double lot multifamily development opportunity located in the highly sought-after Echo Park neighborhood of Los Angeles.Located on Alvarado St, between Sunset Blvd and the 101 Freeway and two blocks away from the Echo Park Lake. A unique opportunity for a developer to acquire 15,000 SF lot zoned C2-1VL & RD2-1VL in a Tier 2 TOC.900-906 N Alvarado St offers an investor a multifamily development opportunity with over 100 feet of frontage on N Alvarado St, which attracts over 33,000 vehicles per day.An investor could utilize the TOC density increase and build up to 47 units; ownership currently has preliminary plans for a 47-unit project with two levels of subterranean parking, however, a developer could eliminate the parking requirement via AB 2097 (Buyer to verify).Alternatively, there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through Executive Directive 1 if a 100% affordable housing project is pursued.High Walk Score of 93, 900-906 N Alvarado St is located 1.5 miles from the Metro Red Line and a short stroll to multiple Metro Local Line bus stops along N Alvarado St.Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Koreatown, Westlake, and Silver Lake, a short stroll to retail along Sunset Blvd as well as the LA Downtown Medical Center.The rental market continues to grow, illustrated through the plentiful new developments currently under construction in the area such as 2225 W Sunset Blvd (176 units), 3004 W Sunset Blvd (74 units), and Inspire Echo Park at 355 Glendale Blvd (90 units). APNs: 5404-004-026 & 5404-004-002
Nestled in Los Angeles City and in the vibrant community of Echo Park, we are pleased to present 351 and 359 Patton St (APN 5160-004-016 & -017)-an exceptional opportunity for investors or developers seeking a prime development location. Pattons contiguous double lot boasts a combined lot size of 11,643 square feet with R4 base density, offering ample space and flexibility for various development programs such as ED1 (executive directive 1, TOC (transit-oriented communities), DB Density (density bonus), or build by rights! Future developers can utilize the lot area totaling 12,043 SF when accounting for one half of the alley. With a generous by right height allowance of 75 and DB/TOC of 86, developers may choose to max out Pattons potential with ED1s streamlined ministerial approval process and build affordable housing on this nearly flat lot. Take advantage of favorable site conditions such as transformers/poles located across the street, paved alley, and numerous new multifamily developments in its immediate vicinity. With rising costs of construction and hard costs, a great way to hedge is to purchase an optimal site with limited shoring and excavating required. 351-359 Patton is also clear of any oil wells, environmental roadblocks, and tenant relocations conditions. AB 2097 also offers developers the chance to limit or eliminate parking requirements. Inquire today about how to make Echo Park a safe and thriving community!
Welcome to a rare chance to own a piece of prime land nestled in the vibrant heart of Los Angeles. This vacant 12,270 square feet lot, located near Dodger Stadium, promises not only a prime location but also mesmerizing views that stretch as far as the eye can see.Situated in the charming Silver Lake neighborhood, known for its rolling hills and quiet ambiance, this property offers a magical panorama of the cityscape. Imagine waking up to breathtaking sunrises and winding down with spectacular sunsets, all from the comfort of your future dream home.Tucked away in a secluded cul-de-sac, this parcel of land presents an incredible opportunity for both end-users and developers alike. Whether you envision crafting a bespoke sanctuary tailored to your every desire or embarking on a visionary development project, the possibilities are endless.With privacy at a premium and a 180-degree panoramic view of Los Angeles, this hidden gem beckons those with a discerning eye for opportunity. Don't let this unique chance slip through your fingersact fast and seize the opportunity to turn your dreams into reality.Surrounded by homes, connecting utilities is super easy, streamlining the process of making your dream home a reality. Minutes away from Dodger Stadium, Silver Lake, and other local attractions, this location offers the perfect blend of tranquility and convenience. Embrace the allure of Echo Park Avenue and embark on a journey to create the home of your dreams. Remember, they don't make land anymoreso make your move before it's too late!
Nestled within the vibrant pulse of Los Angeles, 1824 Rotary Drive presents an enticing prospect for real estate investors. This expansive lot offers a rare chance to influence the fabric of one of the city's most desirable neighborhoods. Strategically situated, this property boasts close proximity to an array of amenities, encompassing diverse dining, shopping, and entertainment options. With seamless access to major transportation arteries, this parcel of land provides an ideal platform for realizing ambitious development projects. Whether you're an experienced developer seeking new horizons, a savvy investor eyeing promising opportunities, or an individual with a visionary outlook on real estate, 1824 Rotary Dr beckons as an unparalleled investment venture. Seize the moment to secure this exceptional piece of property in one of Los Angeles' most coveted locales.
We are pleased to present a 100% vacant land development opportunity located just South of Echo Park! Totaling +/-7,457sf of LACW zoned land with base R4 density and Tier 2 TOC, there's potential for a developer to execute on either a market rate or affordable housing development. As a market rate development utilizing the R4 base density and applying Tier 2 TOC bonuses, there's potential for a 31-unit market rate development. As a 100% affordable ED1 development, there's potential for a 30-35 unit development with no parking requirements with an affordable stick on grade type construction.With its close proximity to Echo Park, Dodger Stadium, Chinatown, and Downtown Los Angeles, the property is well positioned for a developer seeking a well-located property with high rental demands. Ownership has completed a Geophysical Survey Report and massing study for a market rate development, both of which can be made available upon request. Please note, there is a +/-5-6' access easement that runs along the Southern portion of the property. Buyer shall complete their own due diligence to determine the development potential. For more information please contact the listing broker.
Great opportunity to build 2 architectural condo units or your own architectural masterpiece in the heart of Echo Park. N of Sunset Blvd and within close proximity to restaurants & shops. Architectural plans for 2 high-end freestanding Condos, each 3 br+3 Ba- apx 2400 sq ft, with a large deck or roof deck and 2 car garage. Upslope lot with 180-degree views of DTLA &Echo Park. Plans are ready to submit to the Dept. of Building & Safety for building permits (permits were previously pulled but expired). Dept. of City Planning has issued a Letter of Determination approving a Preliminary Parcel Map for the two dwellings to be condos. Letter of Determination, Plans/Survey/Geo/etc. are available for review. (If the buyer wishes to use current plans, the buyer can be assigned an existing contract between the seller and architect.) The city issued two new addresses for the property in the course of permitting:1317 and 1319 Laveta Terrace. Walk up the adjacent historic public staircase to check out amazing views
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