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The median home value in Los Angeles, CA is $1,125,000.
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 $1,125,000.
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.
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Prime Development Opportunity Vacant Land with RTI Plans! Presenting an outstanding opportunity for developers and investors: vacant land with Ready-to-Issue (RTI) plans to construct 4 luxurious three-story units in the form of two duplexes. Each unit is thoughtfully designed with: 5 bedrooms and 5 bathrooms per unit a total building area of 8,412 sqft across all units. Modern layouts offering functionality and style. No RSO and Not subject to SB8 regulations, Streamlined project ready to go! Located in a desirable area, this property is perfect for those seeking to maximize their return on investment with a turnkey development opportunity. Buyer to perform their own investigations and due diligence regarding all aspects of the property, plans, and development. This is a rare chance to build an impressive projectdon't miss out!
PCS Group is pleased to exclusively present for sale an RTI 47-unit Type V-A 4 story apartment building dedicated entirely to affordable housing, replacing an existing one- story commercial structure of 3,696 square feet with a total area of 28,773 square feet. The architectural design features stacked, offset masses that not only enhance the building's visual appeal but also create recessed spaces for landscaped areas. This dynamic yet balanced faade aligns with modern architectural trends, offering both functionality and aesthetic appeal. The building will include 8 units for very low-income residents (as per Schedule VI), 38 units for low-income residents (as per Schedule I), and 1 unit reserved for the building manager, with no on-site parking provided to promote an environmentally friendly project, and aligns with the city goals. A roof deck will offer common open space, enhancing the living experience for residents. The project is fully privately funded, with no reliance on tax credits or public housing programs, and by setting aside 100% of the units for affordable housing, it qualifies for the TOC (Transit Oriented Communities) Tier 4 affordable housing program, contributing to the availability of low-cost housing options in the area.
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