Los Angeles CA Commercial for Sale
- Type:
- Mixed Use
- Sq.Ft.:
- 6,296
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1939
- Baths:
- MLS#:
- 24460445
ADDITIONAL INFORMATION
We are pleased to present this exclusive investment offering of a 6-unit apartment building with redevelopment potential located in prime Hollywood. The subject property is located at 1351 North Alta Vista Boulevard, Los Angeles, CA 90046 ("Property"). It offers investors and developers a rare opportunity to acquire an existing, character apartment building on a large lot. The Property consists of one structure with a total of 6,296 square feet of rentable space on a single lot with 9,681 square feet of land zoned LAR3. Originally constructed as six apartment buildings and featuring attractive period architecture, the current rents are well-below market due to Los Angeles rent control restrictions. This presents "value-add" potential for an investor or a developer to consider new apartments or condominiums.
- Type:
- Other
- Sq.Ft.:
- 12,288
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.36 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- SR24165356
ADDITIONAL INFORMATION
Los Angeles Real Estate
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90046 has a population of 3,902,440. Los Angeles 90046 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90046 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90046 is 36.2 years.
Los Angeles Weather
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.