The median home value in Los Angeles, CA is $1,002,500.
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 $1,002,500.
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! Learn more about Los Angeles.
252 S New Hampshire Ave represents an opportunity to purchase a largely renovated and repositioned asset in the heart of Koreatown. Twelve of the nineteen units have been upgraded with modern features and amenities, leaving approximately 30% upside in rental income. The buyer may also capture additional upside by maximizing operational efficiencies with the implementation RUBS, charging for parking, and the possibility of adding ADU(s). The nineteen-unit courtyard-style walkup sits on a large 15,000 sq.ft. double lot just north of 3rd Street. The unit mix of (18) one-bedrooms and (1) studio is a great mix for this location and commensurate with the Koreatown tenant base that has a median age of 30. There are approximately 19 parking spaces, consisting of 10 tuck-under spaces and 9 uncovered spaces in the front lot. The unit interiors have been upgraded with efficient stainless-steel appliances; five-burner gas range; hardwood-style flooring; A/C; dishwasher; wood-style blinds; quartz countertops; duel-paned windows; and new bathroom vanities and tubs. The common area amenities include a beautifully landscaped courtyard and laundry room. The building is separately metered for both electric and gas utilities. Additionally, the building has new exterior paint, upgraded electrical systems, predominantly upgraded copper plumbing, and new asphalt slurry.
646 North Larchmont is perfectly situated on North Larchmont Boulevard. Buyer has the option to keep this building as a thriving, fully-equipped dental practice or develop the property into a residential or commercial space. The adjacent properties owned by another Seller is available to buy also. Combined with the phenomenal location is the opportunity of living and working in area 18! Aside from working in a fabulous neighborhood, you are close to Paramount Studios, The Los Angeles Tennis Club and The Wilshire Country Club. 646 North Larchmont is a sought-after location and an incredible opportunity!
Attention 1031 exchange funds and astute investors! An unparalleled investment opportunity awaits in the heart of Los Angeles at 198 S Commonwealth Ave, a well maintained building with pride of ownership, updates and upgrades which include, mini split HVAC in some units, updated units, stainless steel appliances. Presenting a prime commercial property in the thriving Wilshire Center district, where cultural diversity and urban vitality intersect. This strategically located asset offers tremendous potential for savvy investors seeking to maximize their 1031 exchange funds. Embrace the dynamic spirit of this bustling neighborhood, where a myriad of shops, eateries, and businesses flourish, ensuring a steady flow of foot traffic and consumer demand.Set your sights on the endless possibilities this property holds. With its proximity to renowned Korean barbecue restaurants, trendy cafes, and specialty stores, capitalize on the vibrant retail landscape that has made this district a sought-after destination for locals and visitors alike. Transportation convenience further enhances the investment appeal. Multiple bus lines and the Wilshire/Vermont Metro station offer seamless connectivity, facilitating easy access for patrons from across the city. This accessibility, coupled with the neighborhood's central location, ensures strong demand and long-term growth potential. 100% Occupied. Rent Control Rent Increase freeze is being lifted in February 2024 with a 4% allowable rental increase. All tenants are on month to month. Historically low to no vacancies. Pictures are from various units in the building from the recent past. SqFt of units is estimated. Drive by only! DO NOT disturb tenants.
Built in 2022, 552 N Hobart is a deluxe building featuring 27 apartment homes and is part of two sizzling L.A. neighborhoods Hollywood and Koreatown. The artfully designed property offers contemporary-style flats with large arched windows and spacious floor plans, averaging900 SF. The sought-after unit mix consists of one studio, seven 1BD+1BA, 15 1BD+1.5BA, two1BD+2BA and two 2BD+1BA units. The light-filled apartments have in-unit washers/dryers, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, walk-in closets, and central A/C and heat. In addition, community amenities include a rooftop sky deck, controlled access, reserved gated parking, elevator, and an online rent and maintenance portal.552 N Hobart is a short distance from the world-famous Hollywood Walk of Fame, Paramount Pictures, Koreatown, Melrose District, Larchmont Village, Downtown L.A., Griffith Park/Observatory, and the Hollywood Bowl.
Property is being sold as is with tenants for land value only. The property has LAMR1 Zoning which may allow for Light Manufacturing uses. Please check with city as agent or owner do not make any representations. The property and its neighboring property are sandwiched between a 7/11 and the fire department station. This property has a great opportunity to be developed into many light manufacturing uses. The LAMR1 Zone is rear in that part of LA as it sits smack in the middle of everything. Think may be a commercial kitchen, a laboratory, or other potential uses.
This is a once in a generation opportunity to acquire and redevelop a six-lot assemblage spanning 0.99 acres of land (43,253 square feet) in the highly sought-after Greater-Wilshire neighborhood in prime Los Angeles. These lots have been under the same familys ownership for more than 50 years, signifying the rare opportunity available to developers. The six lots are equally split between two streets located at 4623, 4627 & 4631 Beverly Blvd and 4718, 4720 & 4726 Oakwood Ave, Los Angeles, CA 90004. All of the six lots current structures are vacant. The zoning of the Beverly Blvd. lots is designated as LAC2, and the Oakwood Ave. lots are zoned LAR3. Additionally, due to the central location and the impressive 97 walk score, both lots are given Tier 3 status of the Transit Oriented Communities (TOC) incentive program, further increasing the development potential.
Build your new property. Currently 2 Units in this lot. 1 Unit on the first floor has 3 bed/1 bath, a totally separated studio unit on the 2nd floor with 1bed/1bath. You can just tear it down and build 4 units new home. The floor plan of this new five level building has five suites on each floor (from 2nd floor to 5th floor) and parking garage on the ground floor. Nice location in Korean Town. Just minutes to Down Town and Hollywood. Easy access to the 101 Fwy. Excellent Investment! Don't miss this nice home!!
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Based on information from CRISNet MLS as of 3/29/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.