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! Learn more about Los Angeles.
We are pleased to present for sale an (ED 1) Executive Directive 1 affordable development opportunity located in the Metropolitan Southwest neighborhood of Los Angeles, within close proximity to LAX, Sofi Stadium, Gardena, Downtown LA and much more! Current improvements include 4 residential units situated on two separate APN's: APN 6117004005 (City of LA) & APN 6117004027 (Unincorporated LA County), with the addresses 12016-12108 S Figueroa. The combined lot size of 11,362 sqft makes this a prime candidate for a 100% fully affordable apartment project (seller has had conversations with architect for a 70 unit fully affordable project). Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process. Property also comes with an alley which allows for maximized design and parking. All 4 units are currently tenant occupied and the property will be sold with tenants in place. Currently monthly income from the units is $3,200/month, collect income while going through entitlements! Buyer to verify all zoning & density regulations with LADBS, LA County, and all relevant departments. Close proximity to major transportation (105 & 110 Freeways). Do not miss this opportunity to build in a centrally located part of LA with tons of upside at an affordable price point. Contact listing agent for more details!
Owner Motivated. Make an Offer. We are pleased to present this unique opportunity to purchase an 15,222 square foot lot zoned C2-1VL-CPIO. The property consists of a parking lot and 4,028 Sq.Ft. commercial building formerly used as a church and is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Los Angeles. A developer can build 88 to 154 units on the site. This is a very good value at under $10,500 per buildable door. The property consists of a well-loved +/-4,208 sq.ft. church on a large 15,222 sq.ft. corner parcel with easy visibility, and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks north of beautiful Earvin "Magic" Johnson Park and Social Security Administration office and close to nimo Watts Charter High School and nimo Mae Jamison Charter Middle School. Easy access to the 110 Freeway and 105 Freeway Interchange. The site includes two APN numbers for sale together: 11854 Avalon (APN: 6084-005-035) and 11860 Avalon Blvd. (APN: 036 6084-005-036).
We are pleased to present an estimated +/-3,494sf commercial building on +/- 16,055sf of LCC1 zoned land. Located on a lighted intersection with alley access, the property caters itself well to an owner-user, medical user, clinic, veterinarian, 7-Eleven type convenience store, retail, or professional office needing by significant visibility and 25+ parking spaces! As a development site, the corner lot and alley access are primed for a developer to utilize 100% affordable housing incentives to maximize units on the large 16,055sf LCC1 zoned land. With its close proximity to the 110 Freeway, the property is well positioned for any type of investor to take advantage of continued appreciation for years to come. Any Buyer shall complete their own due diligence to determine what the current legal use allowed is for the property. For more information please contact the Listing Broker.
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Based on information from CRISNet MLS as of 4/16/2024. 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.
