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Los Angeles CA Real Estate & Land for Sale

2 Properties Found

The median home value in Los Angeles, CA is $1,160,000. 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 $1,160,000. 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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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
240015101SD
Type:
Land
Lot size:
0.1 Acres
Listing Agent: Andrew English - Congress Realty, Inc
View additional info

Discover your next investment opportunity in Los Angeles, CA! This versatile property is zoned R-2, ideal for building duplexes or two-family homes. Equipped with reliable power and water services, it ensures a hassle-free living or building experience. Additionally, the paved road access provides convenience, making it easy to reach and utilize the property. Situated in the vibrant Willowbrook community, this property offers the perfect blend of urban living with a neighborhood feel. Enjoy close proximity to major highways and public transportation for easy commuting. Nearby schools, parks, shopping centers, and healthcare facilities provide all the essentials for comfortable living. Dont miss out on this unique opportunity to invest in a prime location within the dynamic South Los Angeles region!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24398589
Type:
Land
Lot size:
0.54 Acres
Listing Agent: Neema Ahadian - Marcus & Millichap
View additional info

This is an affordable housing development opportunity at 1422 E Imperial Hwy, located just off of the 105 Freeway between S Central Ave & Compton Ave. The 23,435 SF lot will be delivered fully entitled for120 income-restricted housing units and 1 manager unit, with no parking required. The project's central infill location and proximity to major employment hubs suchas Rancho Dominguez, Compton, South Gate, and South Los Angeles support multiple lease-up strategies including filling units through PATH, LAHSA orSection 8. Plans call for an efficient four-story project, utilizing Type V-A construction fora stacked design reducing construction costs for the developer. The lot will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects. The finished project totals 67,112 SF and has a desirable unit mix of eight singles (290SF), 108 one-bedrooms (430-460 SF), and five two-bedroom (505-615 SF). The project is offered at a low $38,958 price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. In addition, the affordability of the project opens avenues of mission driven financing throughCDFIs or mission driven lenders (contact agent for details). Located in a dense location of South Los Angeles, just south of NickersonGardens and less than a mile from the Martin Luther King Jr Community Hospital.The access to the 105 Freeway allows for a convenient commute throughout LosAngeles, the South Bay, and throughout the Mid-Counties.

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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 7/6/2024. 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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