The median home value in Los Angeles, CA is $1,101,750.
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 $1,101,750.
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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A unique opportunity for investors to own 11934-11940 Willowboork, Los Angeles, CA., a thriving men's tranformational sober living center. This property features 24 well-appointed rooms, providing a total of 44 beds to accommodate indviduals on the transformative journey. The flexibility of room configurations, ranging from single-bed setups, caters to varying needs and preferences. Strategically located in Los Angeles, this center benefits from a prime location with easy access to essential amenities and transportation. The current CAP rate of 8% highlights its strong profitable income-generating property, making it an attractive investment opportunity for discerning investors seeking a profitable business venture in the commercial real estate market. Don't miss out on the chance to invest in a thriving business and real-estate with a solid CAP reate and promising growth prospects. Contact us today to explore this lucrative investment opportunity ruther. The property comes with a conditional use permit (CUP) approved by the city in this neighborhood only.
This property consists of two parcels, next to each other. Both parcels sold in one sale. Parcel 6069-012-006 includes two buildings at 1786 E. 110th St, units 1-4 (1 bedroom each), and two detached houses at 11008 and 11010 (2 bedroms each). Lot size is 14,019. Parcel 6069-012-007 includes two detached houses at 11012 and 11014 (1 bedroom in front and 2 bedroom in rear). Lot size is 5,131.12. These two parcels include a sizeable amount of land for renovation or new build, and there is lots of potential. There was a Los Angeles Code Enforcement inspection a few months ago and all passed the inspection by ensuring all health and safety issues are up to code. There was a substantial amount of expenses for repairs as required for the City, which increased the expenses for these properties in 2023. Most of the tenants are long term and have lived at the property for over 15-20 years. There was a 4% rent increase as authorized by City of Los Angeles effective March 2024.
PRICE REDUCTION! Great opportunity for owner/user! Mixed use property with two commercial retail units in front and a Single Family Residence towards the back of the property. Tenants are currently month to month. The recently remodeled barber shop is leased for $950/mo. The Single Family Residence is leased for $1,250/mo and is in need of cosmetic repairs but has the potential for an ADU. The restaurant is currently vacant and has been recently remodeled with all new restaurant equipment for a takeout style food service operation. The new owner could operate his fast food business from the facility or lease it turnkey to a restaurant owner. Per ZIMAS the lot is Tier 3 TOC which gives the property development potential for the future as the property is in close proximity to the necessary Transit resources enabling greater density if developing affordable residential housing. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**
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