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Roseann Oesterreich, CRS, GRI

Los Angeles CA Real Estate & Commercial for Sale

3 Properties Found

The median home value in Los Angeles, CA is $1,058,250. 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 $1,058,250. 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.:
1,125
Status:
NEW LISTING
MLS#:
24381629
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1947
Listing Agent: Omar Evanns CalDRE: 02181182 - Keller Williams Larchmont
View additional info

*****NOTE!! PROPERTY TO BE SOLD TOGETHER WITH 2200 WELLESEY (NEXT DOOR), TOTAL PRICE FOR BOTH $5,400,000.00.***** BTRE is pleased to present a prime development opportunity in rapidly changing Olympic/Bundy area, literally right across from the Metro Line, a stone's throw from retail (Trader Joes, Gelsons), entertainment (Bars, restaurants, coffee shops, in re-vitalized Pico/Bundy area, as well as large Westedge mixed-use upscale apartment/retail development) and quite nearby to employment centers (Fox 11; Riot Studios; USC Medical) 2200 Wellesely and 12222 Exposition are 2 contiguous lots, which both benefit from the highly coveted LAR3 TOC Tier 4 Zoning. A recent feasibility study on the property shows a current POTENTIAL OF UP TO 96 UNITS ON THE PROPERTY - based on the new ED1 program, a product of a recent (December 2022) executive order from the City of LA, designed to encourage affordable housing.[Other potential unit mixes are available, but highest/best use is ED-1 by far, see feasibility study in documents folder for full report*]There are homes on both lots, and there are tenants in the homes. Do not disturb tenants; drive by only/contact agent for any further viewing. Property can be delivered vacant. *: Feasibility study obtained by Seller's agent from third party. Keller Williams, its agents, brokers, Richard Evanns, Bigtown Real Estate, and as well as Sellers ("Sellers Side Parties"), make no warranties as to correctness or completeness of such information. Sellers Side Parties have no independent knowledge of the property zoning nor have they inspected foundational documents / information in order to make any ascertainments re same. Buyer's to do own due diligence.

Beds:
n/a
Baths:
Sq.Ft.:
914
Status:
NEW LISTING
MLS#:
24381625
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1935
Listing Agent: Omar Evanns CalDRE: 02181182 - Keller Williams Larchmont
View additional info

****NOTE!! TO BE SOLD TOGETHER WITH HOUSE NEXT DOOR [CONTIGUOUS LOT] AT 12222 EXPOSITION, TOTAL PRICE FOR BOTH, $5,400,000.00**** BTRE is pleased to present a prime development opportunity in rapidly changing Olympic/Bundy area, literally right across from the Metro Line, a stone's throw from retail (Trader Joes, Gelsons), entertainment (Bars, restaurants, coffee shops, in re-vitalized Pico/Bundy area, as well as large Westedge mixed-use upscale apartment/retail development) and quite nearby to employment centers (Fox 11; Riot Studios; USC Medical) Offering is two Contiguous Lots, 9416 Square Ft total. A recent feasibility study on the property shows a current POTENTIAL OF UP TO 96 UNITS ON THE PROPERTY - based on the new ED1 program, a product of a recent (December 2022) executive order from the City of LA, designed to encourage affordable housing.[Other potential unit mixes are available, but highest/best use is ED-1 by far, see feasibility study in documents folder for full report*]There are homes on both lots, and there are tenants in the homes. Do not disturb tenants; drive by only/contact agent for any further viewing. *: Feasibility study obtained by Seller's agent from third party. Keller Williams, its agents, brokers, Richard Evanns, Bigtown Real Estate, and as well as Sellers ("Sellers Side Parties"), make no warranties as to correctness or completeness of such information. Sellers Side Parties have no independent knowledge of the property zoning nor have they inspected foundational documents / information in order to make any ascertainments re same. Buyer's to do own due diligence.

Beds:
n/a
Baths:
Sq.Ft.:
5,176
Status:
Active
MLS#:
23287943
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1961
Listing Agent: Jason Froehlich - Douglas Elliman
View additional info

1st time on the market in several decades. Family owned and operated. Jewel-box commercial and commercially zoned property in the heart of the Westside. Tremendous upside as owner/user or existing office with some rehab. Could have great development potential, as well. Buyer to rely solely on their own investigation of any future development possibilities and potential. Soft story retrofit (if required) shall be the responsibility of Buyer. Truly, a fantastic opportunity.

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Based on information from CRISNet MLS as of 4/18/2024. 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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