The median home value in Los Angeles, CA is $1,060,000.
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 $1,060,000.
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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Prime investment opportunity in the heart of South Central Los Angeles Area. This corner lot is a rare gem, situated on the bustling intersection of Normandie Ave and Manchester Ave, offering exceptional visibility and access. Ideal for investors and owner-users alike, this property presents a multitude of development and investment prospects in a thriving market. Positioned within the Vermont/Manchester Recovery Redevelopment Project and zoned as C2-1VL, the lot spans 22,252 square feet according to tax records and the actual size of 23326. Currently, the property is fully paved and fenced and hosts three tenants operating in the auto-related sector with month to month lease. The property holds potential for transformation into a gas station, drug store, fast-food restaurant, or neighborhood retail services hub. Property tours are limited to the exterior only, with tenants undisturbed. For interior viewings, please coordinate with the listing broker.
Church property features: baptismal pool, kitchen area, separate office space with full bath. Needs TLC revival. Has not been in use for several years.Also may be great for Investor / Developer for Tear Down and Re build.
This property offers a unique blend of commercial and residential potential. TWO parcels sold together as one. The Mixed use parcel is a residential unit one bedroom and one bathroom, providing a cozy living space and a commercial office, presently used as a used car dealership. The second parcel (3,196sqft lot) is a parking lot. This property is brimming with opportunities for development and growth, making it an exciting investment.
This unique investment opportunity is unfinished construction and is situated in a prime location on a large flat lot that's almost half an acre. The property consists of four duplexes, each with two 5-bedroom / 3-bathroom townhouse-style units. The property will be delivered in its as-is condition without a Certificate of Occupancy (CoO). The property is centrally located with access to schools, freeways, shopping, restaurants, and more. Buyer to verify square footage.
Great investment property in the heart of South Los Angeles. This 1925 charmer sits in the Vermont Knolls area centrally located to several major freeways which include the 110 and the 105. This 6 unit building is well maintained and shows very well. Close to major shopping areas and entertainment venues. LA Live, downtown Los Angeles, Sofi Stadium and the Kia Forum are all less than 6 miles away. All six units are 1 bedroom and 1 bathroom. Parking is also available in the rear of the building. There are many new apartment developments in the area as well as recreational development. This property presents tremendous potential for the investor looking for cash flow and passive income. The area is experiencing significant urban redevelopment which presents many possibilities for the potential buyer. Don't miss out on a truly great investment opportunity.
Looking for a Commerical Property? Looking to be your own boss? Run your own business? If you said yes to all these questions we have the perfect commercial property for you. The location is perfect for any growing business. Currently a mini market in a very high traffic corner lot with maximum exposure. Currently, the business is a Mini-Market. The Business is included in the sale.
Subject to Escrow Cancellation due to Buyer's failure to perform. Development Opportunity!! Two Churches with Two Individual Sanctuaries in one lot. All can be individually ran or be a part of a much larger congregation. In a bustling market where specialty buildings are becoming short in supply, this 21,831 sq. ft. complex will definitely fit your organization's needs. The first church has ample seating for up to 300 guests, an A/V room, two pastor/minister offices, a commercial kitchen and dining room that can serve approximately 75+ patrons. The second church(currently leased at $6K/mo) sits on the second level of a nursery/school, and can comfortably seat up to 200 guests. The second church also comes equipped with a kitchen, pastor's office, and A/V room. Both church exits lead to the the third church, that features a nursery/school with four classrooms, a recreation hall, a commercial grade kitchen, a laundry room, three bathrooms, and two storage closets. Additionally, with a parking lot that includes over 40+ parking spaces, you will never run out of space for your guests while hosting events. Currently, the church rents unused space to other organizations on weekends, bringing in an average of $5K of extra income per month. The excess parking allows for building conversion to multi-family units (Up to 54 units according to LA Planning), or other types of businesses such as shelter, community outreach, or school. Buyer and/or Buyer's agent to conduct their own investigation and to verify information until satisfied.
THE SUBJECT BUILDING IS LOCATED RIGHT OFF MANCHESTER WHICH IS STOP LIGHT CONTROLLED - THIS A HIGHLY VISABLE LOCATION WITH LOTS TRAFFIC - THERE ARE 2 VACANCIES BUT THE RENTS COULD BE $15OO MONTH SO THE GROSS INCOME WOULD BE $108,000
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