The median home value in Los Angeles, CA is $1,125,000.
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 $1,125,000.
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.
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Bring the bulldozer. Prime development opportunity near the University of Southern California (USC)! This 60 ft x 145 ft lot is perfectly positioned in a high-demand area ideal for student housing. Zoned for multi-family development, the property offers the potential to build 16 two-bedroom, two-bath units, catering directly to USCs thriving student population. Located in a prestigious neighborhood, this property provides an unmatched investment opportunity, with USC consistently ranked among the top institutions in the world, including #1 in Film and highly ranked in Business and Real Estate. The area is a hub of innovation, culture, and connectivity, making it an attractive destination for students worldwide. With limited new developments serving USC students, this project offers a chance to create housing that enhances the student experience while generating strong rental income. Dont miss this chance to build in one of Los Angeles most dynamic and prestigious locations.Key Features: Lot size: 60 ft x 145 ft, Zoned for multi-family development, Potential for 16 two-bedroom, two-bath units, Walking distance to USC campus, High rental demand in the area. This is a rare opportunity to invest in a property that combines tradition, innovation, and strong ROI potential.
Priced to sell, this residential land is located on Elephant Hill in the desirable El Sereno neighborhood, just minutes from Downtown Los Angeles, South Pasadena, Highland Park, and Lincoln Heights. A nature lover's delight, the lot is surrounded by mature trees, wildflowers, and offers beautiful views. Conveniently located near major freeways, including the 110, 5, and 60, as well as the USC Medical Center, this raw land presents an excellent opportunity for future development or building your dream home. Zoned R-1, the property is on Harriman Avenue, a paper street not yet developed, and is sold AS IS, WHERE IS. No reports, surveys, or soil tests are available. Buyers and their agents are encouraged to verify all information with the Los Angeles Department of Building and Safety and conduct their own due diligence regarding permits, square footage, records, utilities, and allowable uses. Don't miss this opportunitydrive by and make an offer today!
We are thrilled to present a prime development opportunity at 1420 S Point View St, Los Angeles, CA. This project is ready for immediate construction, as the plans have been fully approved and are RTI (Ready to Issue). The previous structure on the lot has already been demolished, allowing for a swift construction start date. The approved plans outline the development of 28 apartment units, totaling 30,115 square feet of gross building area. The proposed design includes 3 studio/one-bath units, 6 one-bedroom/one-bath units, and 19 two-bedroom/two-bath units, with three apartments designated for extremely low-income tenants.1420 S Point View St is located in Pico-Robertson neighborhood of Los Angeles, which has an average household income of nearly $117,000 within a one-mile radius, highlighting its appeal to high-earning renters. This location is surrounded by a diverse range of restaurants, nightlife, and shopping options. It is just a short drive from attractions such as LACMA, The Grove, and The Farmers Market. The area is rated as "Very Walkable" by Walk Score, and easy access to the 10 Freeway makes commuting around Los Angeles convenient.
In trendy Glassell Park, this vacant lot is primed for developmenta great opportunity to build on spec or create something new and special for personal use. The parcel, zoned LAR1, is located on an established street of single-family homes and overlooks a scenic canyon, with beautiful views stretching to the Griffith Observatory and beyond. Sequestered in the hills, the lot is well-situated in a desirable city-central enclave that enjoys easy access to local coffee, restaurants, services, hiking trails, and key commuter routes.
Vacant residential lot next to newer construction. APN 5585-012-006. 5620 SQFT downslope lot. About 50 feet from existing street & utilities. A portion of lot is flat.
We are excited to present a unique opportunity to acquire a prime 7,019-square-foot parcel of vacant land located at 1255 S La Cienega Blvd, just north of Pico Blvd.This project is ready for immediate construction, as the plans have been fully approved and are RTI (Ready to Issue). The previous structure on the lot has already been demolished, allowing for a swift construction start date. This development will feature medical office space on the ground floor and 30 residential apartment units above, with three units designated for Extremely Low Income (E.L.I.) tenants. Additionally, the project includes a subterranean parking garage, providing ample parking for both residents and commercial tenants.The owner initially intended to occupy the property, which led to a strong focus on keeping construction and maintenance costs low without sacrificing quality. All the apartment units feature 9-foot ceilings, rather than the standard 8-foot ceilings, creating a brighter, more open, and spacious feel. Additionally, the tallest building on La Cienega Blvd is only two stories high, while all apartments in this RTI project start on the third floor and above. This design ensures that almost all units will have unobstructed views, including direct views of the iconic Hollywood Sign, making the property highly desirable.Located in the highly sought-after Pico-Robertson neighborhood, this property provides direct access to the vibrant La Cienega corridor and is just minutes from Beverly Hills. This prime location is ideal for both residential and commercial development. Additionally, the upcoming Metro station at Wilshire and La Cienega will offer convenient public transportation options for tenants and visitors to the medical office.
We are pleased to present for sale a wonderful development opportunity located in the Vermont Knolls neighborhood of South Los Angeles! Located on an oversized 9,300 sqft lot zoned R3-1, the subject property is an excellent fit for an ED1 100% fully affordable project OR build up to 22 units using TOC Tier 1 incentives. The site is a single family owner occupied home that will be delivered VACANT = no dealing with tenant relocation or SB 8 low income replacement!! The lot measures 50 by 186 ft and is FLAT. Low price per square foot of just $91/SF on current asking price. Located in South LA walking distance to Smart & Final, Chase, McDonalds, Subway, freeways, and more. Do not miss this opportunity to build in a high rental demand pocket of Los Angeles at this low of a low price point!! Contact listing agent for more details.
Price just reduced! REO. This property has gone back to the lender and must be sold. Great opportunity to redevelop to a large or small multi-family residential project. Previous owner prior to foreclosure said approved for 25 units in his listing, Buyer to independently verify. Seller may be willing to carry with sizeable down payment. Gutted 2,000 sqft building on large 7,020 sqft (45 X 156) street-to-alley corner lot at the SEC corner of Main and E 109th Place. Fantastic redevelopment opportunity located directly in the path of growth and redevelopment. Per LADBS records there's 20 units going up 3 doors north at 10914 S Main Street and 19 units finishing up three blocks south at SWC of 112th & Main on a smaller corner lot. Or just build a small handful of units+ADUs like at the corner of E. 110th, probably a lot cheaper and faster to push through the city. Zoned C2, which should allow for R4 uses but Buyer/Buyer's agent to independently verify with all necessary City of LA agencies. See Supplements for ZIMAS reports with aerial, and Generalized Summary of Zoning Regulations, Use and Development Standards for more info. Appears to be in the Southeast LA CPIO District / Subarea C corridor, which may provide Density Bonuses for a higher number of housing units to be built. Best location on Main Street and 2 blocks from 108th St. police station (Southeast Community Station), 1 block from Fire Dept. May have previously been used for retail, a welding shop, and a church. Utilities do not appear operable and Seller will not establish any utility services during its ownership as it is their intent to sell this as a land value deal. Tons of parking with access from both E. 109th Place and the alley. Looks like you could fit 15-20 cars in back. Only access into the building itself is at the rear as its entrance on Main Street was sealed off, making it super secure if someone wants to start a business there in the existing structure. Last sold less than 2 yrs ago for $850k. Seller will also consider leasing, call listing agent for details.
Unlock an extraordinary opportunity at 8919 Thrasher, an expansive plot of land in the prestigious Bird Streets, just moments from the famed Sunset Strip. This approximately 45,000-square-foot parcel presents a rare chance to develop a bespoke estate, complete with sweeping panoramic views of the sparkling city lights below. With an easement via 1410 Tanager Way, the property offers enhanced accessibility, adding to its development potential. Whether you're an investor, developer, or someone seeking to build a dream home, this property invites boundless creativity. Partner with experienced professionals to guide you through the process, ensuring due diligence on property boundaries, subdivision, permits, and more. The Bird Streets epitomize luxury living, and 8919 Thrasher offers you the rare chance to claim your stake in this iconic enclave.
Great Lot located close to city terrace and Hazard Ave, east LA area, ready to build, seller has plans that were approved by the city . Not sure if still active or they need to be sent back to the city to be approved. Must see to appreciate.
3313 West 48th Street is an Opportunity Zone (SB-8 exempt) parking lot with small 600 ft office. Located short walk from the Metro K-Line, Leimert Park Plaza, and the intersection of Crenshaw Blvd. & Leimert Blvd. This property is next to an open air museum called Destination Crenshaw and surrounded by numerous projects currently under construction by prolific developers. The 7,731 SF corner lot (zoned C2). The site is ideal for ED1 multifamily development, SB 684 for expedited small lot subdivision or multiple duplex rental project (RTI plans for 3 Duplex + ADU's available).
Development opportunity for a large lot in the Silverlake/Echo Park area. Downslope, quarter-acre lot in Elysian Heights neighborhood with Griffith Park observatory and Hollywood sign views! Frontage on a single lane paved road leading to the quietest cu-de-sac. In the heart of the city but surrounded by peace and quiet. Someones dream home is dying to be built here.
This ideal view parcel is just over a 1/4 acre hillside downslope lot in Mount Washington on paved Mount Washington Drive. Key tests - including soil, geo, percolation, and environmental, have already been completed providing a solid foundation for development when/if renewed. Build your dream home with the possibility of stunning views of the Griffith Observatory and the Los Feliz Hills. Close to Mount Washington Elementary and overlooking Elyria Canyon Park. A unique opportunity to create a custom home in one of LA's most sought-after neighborhoods between Highland Park, Cypress Park, and Glassell Park.
Prime Development Opportunity Vacant Land with RTI Plans! Presenting an outstanding opportunity for developers and investors: vacant land with Ready-to-Issue (RTI) plans to construct 4 luxurious three-story units in the form of two duplexes. Each unit is thoughtfully designed with: 5 bedrooms and 5 bathrooms per unit a total building area of 8,412 sqft across all units. Modern layouts offering functionality and style. No RSO and Not subject to SB8 regulations, Streamlined project ready to go! Located in a desirable area, this property is perfect for those seeking to maximize their return on investment with a turnkey development opportunity. Buyer to perform their own investigations and due diligence regarding all aspects of the property, plans, and development. This is a rare chance to build an impressive projectdon't miss out!
90 Unit ED-1 Project near Exposition Park and USC! 14 Studio's and 76 1+1's efficiently designed to reduce construction costs and provide an amazing rate of return. Multiple options for public transportation nearby. Existing improvement onsite generates over $9,600/month. 86 Walk Score. Seller is motivated and can deliver RTI.
Great opportunity to own a very accessible lot on the East side of Los Angeles just south of City Terrace and east of Boyle Heights. The lot has a very slight slope near street level and upslope on the rear. Developers are welcome and encouraged as there are several new and recently completed residential construction projects on Gage Ave. Your future residence would be close to several freeways (60, 710, 5, 10, 101), shopping districts, USC medical center, Cal State Los Angeles university, several schools and just minutes to Downtown LA. Gage Avenue is on metro bus service routes and accommodates a good amount of traffic, so it may also make it easier on equipment and supply deliveries.
Vacant Lot for Sale in Los Angeles A Rare Gem with Multi-Residential Potential!Discover an unparalleled opportunity in the heart of Los Angeles! This prime vacant lot offers the potential to build multi-residential units, making it an exceptional find in a city where vacant land is increasingly scarce.The lot is zoned R-3, an easily accessible corner lot ,and its also TOC TIER 1 Eligible for higher density building incentives.Current renter utilizes lot for car storage. Tenant can vacate or new owner can receive rental income while permits and building entitlements are approved.Situated in a sought-after area, this lot is perfect for developers or investors looking to maximize their ROI in a thriving real estate market. With zoning that supports multi-residential construction, you can bring your vision to life, creating housing that aligns with the city's growing demand for quality living spaces.
DEVELOPER ALERT! Rare opportunity to own an approx. 3,900 sq. ft. upslope lot with 40 ft. frontage in the serene El Sereno neighborhood. Perfect for your next project or investmentlots like this dont last long! APN: 5223-008-001. Buyer to verify all info. Property sold AS IS & WHERE IS. Drive by and make your offer today!
Amazing development opportunity in the well sought after Eagle Rock Hills. 3 separate parcels, 3 separate APN'S (972 ROCKDALE, 978 ROCKDALE AND 982 ROCKDALE) totaling 18,000 square feet of land. All 3 parcels are being sold together. Land parcels come with plans for 3 modern view homes. Please contact listing agent for a development package.
Build your dream home in the heart of Mount Washington, one of the most desirable neighborhoods in Los Angeles. This unique opportunity offers a lot appx 3,945 sf, zoned LARE20, with breathtaking city and hill views, perfect for designing a serene hillside retreat. Nestled on a paper street, the property provides the potential for exclusivity and privacy, with the added charm of a tranquil natural setting. Buyers will need to pave the remaining road from Altamont St to the lot, creating their own custom path to this scenic location. Don't miss this chance to create your ideal home in a coveted area known for its artistic community, excellent schools, and proximity to all that Los Angeles has to offer.
APN: 5452-002-023. Approx 9,568 SF. Zoning LARE20. Build your dream home in the heart of Mount Washington, one of the most desirable neighborhoods in Los Angeles. This unique opportunity offers a lot with breathtaking city and hill views, perfect for designing a serene hillside retreat. Nestled on a paper street, buyers will need to pave the remaining road from Thorpe Avenue to the lot, creating their own custom path to this scenic location. The property provides the potential for exclusivity and privacy, with the added charm of a tranquil natural setting. Don't miss this chance to create your ideal home in a coveted area known for its artistic community, excellent schools, and proximity to all that Los Angeles has to offer.
Shovel ready double lot development opportunity in North Hollywood with all plans and approvals in place. Current plans call for 34,700 SqFt, 6 story building with 30 large units, including 6 future ADU conversions after C of O. Including the future ADUs there are 15 three bedroom units, 10 two bedroom units, and 5 one bedroom units. 3 units are to be Extremely Low Income. No subterranean, parking for 18+ cars is on the ground level. Buyer needs to record the low income covenant in their name to clear housing, pay some fees, and pull permit. MEP are RTI. Alternatively, buyer can go for fully affordable development and build 100+ units. Tenants are month to month and would move out with 30 day notice. Addresses are 5317 and 5321 Satsuma Ave. APNs are 2416-007-022 and 2416-007-023. Plans and approvals are available upon request.
Presented for sale is a Prime Development Site in the epicenter of Hollywood. Located within an Opportunity Zone at 1750 N. Argyle Ave., across from the Capitol Records Building and steps to the Walk of Fame, the property previously housed a historical Church that burned to the ground. The 34,320 SF Lot has very desirable zoning, with the front half being zoned C4-2D and the back half being zoned R4-2D, all Tier 4. The property falls under the Regional Center Commercial designation in the General Plan, allowing for R5 density! The Tier 4 TOC bonus can increase the density. The location is practically unmatched, being a five minute stroll to Hollywood & Vine, the Metro Subway Station, an absurd number of restaurants and nightlife destinations, the Pantages Theatre, the Hollywood Bowl, Sunset Gower Studios, the Palladium, Trader Joe'swe could go on and on! No relocation hassles, no RSO, no Ellisjust good ol' fun! The Seller is not interested in any entitlement deals.
639 Pheasant Drive is located in the quiet hills of Mount Washington Just a short distance from the metro Gold Line, Southwest Museum, and near Figueroa hotspots and walking distance to Moon Canyon Park. Mt. Washington community in the heart of Los Angeles just minutes from Downtown LA and South Pasadena. This is truly one of the last hidden treasures of Los Angeles.
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Based on information from CRISNet MLS as of 12/9/2024. 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.