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Prudential California Realty
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818-476-3000
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homeseekers.com
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Los Angeles CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Los Angeles, CA is $1,058,250. 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 $1,058,250. 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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Beds:
n/a
Baths:
Sq.Ft.:
5,326
Status:
Active
MLS#:
24371013
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1922
Listing Agent: Luis Ruiz - LAR Realty, Inc.
View additional info

Upside of this property is in its proximity to USC and the enormous upside in rents. Owners have owned this property since 1972. Additionally, The garages have all been vacated to make room for (2) ADU's. Rents below reflect increase as of April 2024. If you add $200,000 for the addition of the (2) ADU's, your actual CAP Rate with current rents plus ADU rent would be 6.66%

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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 4/19/2024. 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.
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