The median home value in Los Angeles, CA is $972,000.
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 $972,000.
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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Assumable loan of $2,250,000 at 3.2% fixed until 3/1/28. The loan has a value of $270,000 compared to a new loan at 6.2%. Next to Four Seasons Hotel at Doheny and Burton Way. 13 x Gross & 5.1% Cap with rents at market. 6.5% return on down payment with market rents. Seller has spent approx. $260,000 in renovations. Controlled access, elevator, dishwasher, A/C, M/W. Earthquake retrofit work has been completed.
We are proud to exclusively present for sale a 10 unit residential income property just outside of West Hollywood. The adjacent 9 unit building is also available for sale. Central, central, central! Just off Melrose Ave., and around the corner from the Central Fairfax District and Fairfax High School (with it's weekend Melrose Trading Post), this property is right dab in the middle of a Walker's Paradise, surrounded by shops, fine and casual dining, sought-after nightlife, and pretty much anything trendy one can think of! Long-term owners have lovingly cared for the building over the years, and with new and longer-term tenants, rents are still averaging around 35% below market. The building's tuck-under parking has been mitigated, with the already-completed Soft Story Seismic Retrofit work. And there's always potential for ADUs! The offering features bright units that each cover the whole width of the building, and spacious layouts ranging from 652 square feet to 936 square feet eachwith a Single at 295 square feet! There are three sets of tandem parking spaces in the front and five gated parking spaces in the back, accessible from the alley. Lots of jobs in the area, but situated on a calm residential street with permit parking! Walking distance to The Grove, the 3rd Street Shop
We are proud to exclusively present for sale a 9 unit residential income property just outside of West Hollywood. The adjacent 10 unit building is also available for sale. Central, central, central! Just off Melrose Ave., and around the corner from the Central Fairfax District and Fairfax High School (with it's weekend Melrose Trading Post), this property is right dab in the middle of a Walker's Paradise, surrounded by shops, fine and casual dining, sought-after nightlife, and pretty much anything trendy one can think of! Long-term owners have lovingly cared for the building over the years, and with new and longer-term tenants, rents are still averaging around 40% below market. The building's tuck-under parking has been mitigated, with the already-completed Soft Story Seismic Retrofit work. And there's always potential for ADUs! The offering features bright units that each cover the whole width of the building, and spacious layouts ranging from just over 700 square feet to just under 1,000 square feet each! There are three sets of tandem parking spaces in the front and five gated parking spaces in the back, accessible from the alley. Lots of jobs in the area, but situated on a calm residential street with permit parking! Walking distance to The Grove, the 3rd Street Shopping Dist
650 S La Jolla Avenue is a 10-unit multi-family apartment complex featuring 1,100sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has RTI permits for two 1bd/1bth ADUs through a carport conversion. Upon completion of the ADUs, the property will have a 13x GRM and an in-place 5.4% cap rate, with a 30% upside in existing unit rents. The building features a new 400amp main panel. Each unit is separately metered for electricity and gas.
Probate Sale, Court confirmation MAY be required. 5-Unit residential property, for sale AFTER 40 years! All units are large 2 Bed 2 Bath, 3 of 5 units are vacant and will be delivered vacant at COE. Separately metered for electricity, and master metered for Gas. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on July 19, 2018. No known upgrades (to any systems) done. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations. Seller is MOTIVATED and wants to see ALL offers. Only the vacant units will be shown during the open houses.