The median home value in Los Angeles, CA is $1,200,000.
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 $1,200,000.
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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This property presents the perfect opportunity for an owner-user or investor seeking a prime location with attractive cap rate potential. The property features a newly renovated and fully equipped commercial kitchen, ideal for restaurant operations, and sits on a 3,444 square-foot fenced lot. The kitchen features air conditioning, three-phase power, and a tankless water heater. It also includes six dedicated parking spots, providing added convenience for customers and staff. Zoned R2 and situated within an opportunity zone, it holds strong potential for future redevelopment. Whether you're looking to establish your own restaurant or invest in a promising property, this is an incredible opportunity to make your mark.
Turn Key Warehouse Zoned MI Industrial and light manufacturing with plenty of extra storage area, close to 10 freeway and downtown. Property has new interior insulation, rest rooms, office area, electrical, gates and flooring. Buyer to verify accuracy - 1,200 sq ft sq ft structure - 4,744 - Tax assessor info - Buyer to verify accuracy, Property is potentially available for Cannabis License * street frontage with amazing views * Secure gated parking for 10 vehicles * Located in unincorporated Los Angeles County * Good power service ***** Cell tower lease and equipment NOT included in sale.
VISMAR REAL ESTATE is excited to present the opportunity to acquire 100% fee simple ownership of a 2,526 sq. ft. single-tenant retail property, currently operating as a tire shop. Built in 1982, the property spans two parcels totaling 0.16 acres and is located in a high-demand trade area near the intersection of Floral Dr and North Eastern Ave in Los Angeles. This fully leased property offers steady cash flow with significant upside potential. The short-term lease structure provides flexibility for investors to either occupy the space or adjust rents to market rates, maximizing the propertys operating income. Located in a thriving suburban market with strong demographics, excellent foot traffic, and stable tenancy, this property presents a compelling investment opportunity with growth potential.
GREAT OPORTUNITY! PRICE REDUCTION. 4 Units - 2493 Total sf. Two commercial units +-500 sf each and attached 2/1 SFR 688 sf. Rear SFR 2/1 - 800 sf. LA County NOT City. Rehab units and increase rents. High rental demand area.AS PER LA COUNTY PLANNER. 6 units and 6 ADU'S can be built on 3 stories. Many high density units have been built on similar size lots. See 3843 E Cesar Chavez across the street. Front commercial buildings damaged and need repairs.
Come take a look at this property located in the heart of Los Angeles. Conveniently located on the corner of two major cross streets of North Gage St. and Downey Rd. Property cash flows immediately with two current tenants. A meat market/grocery store, private warehouse and separate bakery. Property comes with private parking lot to maximize customer traffic. This property has more room to add more revenue with the amount of space it offers with a lot size of over 18,000 sqft. Great opportunity to convert this unit into into 2 more businesses totaling to 4 businesses in one building to maximize cashflow. The market offers private office space, two industrial size stainless steel walk in coolers with 1 cooler offering 10 doors of shelf space for grocery store revenue, industrial size freezer, restaurant grade flooring in meat market, stainless steel 3 compartment sinks, 2 cutting tables and 2 customer restrooms. There is a private parking lot offering 14 parking spots and dumpster space. Bakery contains an oven, its own restroom, food display case, a grease trap, 2 compartment sink, and parking spaces for 4. Building has been recently painted and the roof is less 15 years old. All the refrigeration from walk ins and freezer is less than 3 years old. All electrical has been updated to all your business needs and future needs.
The current ownership has owned the subject property since 1987. Currently the property is occupied by three (3) tenants & one (1) billboard lease. All the current tenants are on a Month-To-Month lease term. The property has an easement or right of way over the neighboring property, making parking in the rear accessible.3009 Wabash Avenue is opportunity to purchase a multi-tenant street retail/commercial single-story building that consist of 3,850+/- square feet located on a lot size of 9,338+/- square feet of semi-improved land zoned C2 Commercial Zone, with 70 linear feet along Wabash Ave. C2 zoning provides a wide range of uses, for example any use permitted in the C1.5, C1 and CR, Carpenter, plumbing or sheet metal shop, Catering shop, Interior decorating or upholstering shop and Restaurant.Retail Repositioning Opportunity: With the potential to construct up to 25 residential units, there is a significant opportunity for retail repositioning. According to the Los Angeles City Planning guidelines, projects considering an affordable housing component can benefit from several incentives allowing for an increase in density without requiring a zone change or a variance. These incentives include the TOC program or the State Density Bonus Program. Under the TOC program, 100% Affordable Housing Projects can potentially elevate their Tier designation. For instance, instead of its current Tier 1 designation, this property might qualify for Tier 2. According to TOC Guidelines, the Tier 2 increase in density could reach up to 40%.Don't let this exceptional investment opportunity slip away. Contact us today to explore the potential of this prime commercial property.Location OverviewLocated just minutes from Downtown L.A., Little Tokyo, and the Arts District, 3009 Wabash Ave, Los Angeles, CA 90063 is situated on a nearly 9,338 SF lot with C2-1-CUGU, Tier 1 T.O.C. Zoning, offering thepossibility of future development. The offering benefits from ample parking, a 94 Walk Score, over 8,494 cars passing by daily, and is situated in the high-density rental market of Boyle Heights.Download supplemental to review the detail marketing brochure.
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