We are pleased to present a prime development opportunity at 1420 S Cochran Ave, Los Angeles, CA.This project is nearly ready for construction, with plans that are close to approval and on the verge of becoming Ready to Issue (RTI). The old structure on the lot has already been demolished, enabling an expedited start date for construction.The plans include the development of 13 apartment units, totaling 19,058 square feet of gross building area. The proposed design features 2 one-bedroom/one-bath units, 8 two-bedroom/two-bath units, and 3 three-bedroom/three-bath units, with two apartments designated for very low-income tenants.Situated in the Mid-City neighborhood of Los Angeles, 1420 S Cochran Ave benefits from an average household income of nearly $117,000 within a 1-mile radius, highlighting its attractiveness to higher-earning renters.This central location is surrounded by a diverse array of restaurants, nightlife, and shopping options. It is just a short drive from popular attractions such as LACMA, The Grove, and The Farmers Market. The area is also rated as "Very Walkable" by Walk Score, and easy access to the 10 Freeway makes commuting around Los Angeles convenient.
We are pleased to present a prime development opportunity at 1420 S Cochran Ave, Los Angeles, CA.This project is nearly ready for construction, with plans that are close to approval and on the verge of becoming Ready to Issue (RTI). The old structure on the lot has already been demolished, enabling an expedited start date for construction.The plans include the development of 13 apartment units, totaling 19,058 square feet of gross building area. The proposed design features 2 one-bedroom/one-bath units, 8 two-bedroom/two-bath units, and 3 three-bedroom/three-bath units, with two apartments designated for very low-income tenants.Situated in the Mid-City neighborhood of Los Angeles, 1420 S Cochran Ave benefits from an average household income of nearly $117,000 within a 1-mile radius, highlighting its attractiveness to higher-earning renters.This central location is surrounded by a diverse array of restaurants, nightlife, and shopping options. It is just a short drive from popular attractions such as LACMA, The Grove, and The Farmers Market. The area is also rated as "Very Walkable" by Walk Score, and easy access to the 10 Freeway makes commuting around Los Angeles convenient.
We are pleased to present 5101-5125 W Pico Blvd. Spanning the entire block between S Redondo Blvd and Meadowbrook Ave, this is a 31,960 square foot development opportunity between Venice Blvd and S San Vincente Blvd in a prime Mid-Wilshire location. This development lot is zoned C4-1-O in a Tier 2 TOC. There are approved plans to build a 7-story, 107,754 SF building made up of 136 units and 12 ADU's. A Buyer can move forward with the plans, re-entitled for another project including affordable housing via ED-1, or reposition the existing retail and collect income with long-term development potential. obtaining permits and conducting the entitlement process. The site has alley access from S Redondo Blvd and Meadowbrook Ave, providing extra buildable square footage and options for parking ingress and egress. The current building consists of 10 retail units on month-to-month gross leases with a total income of $381,753 annually. Mid-Wilshire is a neighborhood in the central region of Los Angeles, California known for the Los Angeles County Museum of Art, the Petersen Automotive Museum, and the Miracle Mile shopping district. The subject property boasts a high walk score of 92, a "walker's paradise" in a central LA location with convenient access to local restaurants, shopping, employment, transportation, and nightlife. The neighboring block on South La Brea Ave hosts a brand-new Target and Sprouts development, one mile east is the Midtown Crossing Shopping Center, and one mile north is the iconic Miracle Mile shopping district, providing residents with a convenient destination shopping experience.
We are pleased to present 5101-5125 W Pico Blvd. Spanning the entire block between S Redondo Blvd and Meadowbrook Ave, this is a 31,960 square foot development opportunity between Venice Blvd and S San Vincente Blvd in a prime Mid-Wilshire location. This development lot is zoned C4-1-O in a Tier 2 TOC. There are approved plans to build a 7-story, 107,754 SF building made up of 136 units and 12 ADU's. A Buyer can move forward with the plans, re-entitled for another project including affordable housing via ED-1, or reposition the existing retail and collect income with long-term development potential. obtaining permits and conducting the entitlement process. The site has alley access from S Redondo Blvd and Meadowbrook Ave, providing extra buildable square footage and options for parking ingress and egress. The current building consists of 10 retail units on month-to-month gross leases with a total income of $381,753 annually. Mid-Wilshire is a neighborhood in the central region of Los Angeles, California known for the Los Angeles County Museum of Art, the Petersen Automotive Museum, and the Miracle Mile shopping district. The subject property boasts a high walk score of 92, a "walker's paradise" in a central LA location with convenient access to local restaurants, shopping, employment, transportation, and nightlife. The neighboring block on South La Brea Ave hosts a brand-new Target and Sprouts development, one mile east is the Midtown Crossing Shopping Center, and one mile north is the iconic Miracle Mile shopping district, providing residents with a convenient destination shopping experience.
We are pleased to present the opportunity to acquire this 7,431 SF incredible development opportunity, located in the Miracle Mile/Mid-Wilshire submarket. The site offers a zoning ordinance of LAR2, which allows for the construction of 2 units by right + ADU's. The property has been owner-occupied and will be delivered 100% vacant (homeowners exemption taken over the last 5 years). The property features a premier location, walking distance to numerous amenities, restaurants and employment centers. Additionally, the Central location between Hancock Park, West LA, Miracle Mile, and Culver City makes this an ideal investment for developers looking for top of the market rents.
We are pleased to present the opportunity to acquire this 7,431 SF incredible development opportunity, located in the Miracle Mile/Mid-Wilshire submarket. The site offers a zoning ordinance of LAR2, which allows for the construction of 2 units by right + ADU's. The property has been owner-occupied and will be delivered 100% vacant (homeowners exemption taken over the last 5 years). The property features a premier location, walking distance to numerous amenities, restaurants and employment centers. Additionally, the Central location between Hancock Park, West LA, Miracle Mile, and Culver City makes this an ideal investment for developers looking for top of the market rents.
This highly visible corner lot located in the mist of the real estate development boom of Pico Blvd. An ideal investment opportunity for an owner-user, the property is presently being operated as a pre-school. The school currently uses the side lot as a playground but can be used as a parking lot. The current site consists of a 4,080 square foot building on an 8,061 square foot lot zoned C-4 for Strip Mall, Condos, Apartments. Buyer to verify all development opportunities and potential use in due diligence. Note: the school business is sold separately.
Contiguous double lot opportunity for development with 110ft front footage. 1437 and 1439 12th Ave, MUST PURCHASE BOTH LOTS TOGETHER. Maximum building size is a whopping 64,800sf with density bonus! Potential to build giant luxury units on R-2 zoning. Each lot is 8,287sf totaling 16,513sf. Each lot is 2.25m totalling 4.5m.
Presenting a development opportunity in Mid-City. Vacant 11,802 sf lot in highly desirable location. Zoned R3-1-O-HPOZ. Lot dimensions: west width 79', north depth 157', east width 75', & south depth 158'. Surrounded by newer multi-family units as well as townhouse style condominium communities. Centrally located minutes from Hancock Park, Miracle Mile, Culver City, and Downtown LA. Possible joint venture at $1,500,000.
Developers Dream - opportunity to acquire five contiguous lots located at 5613 - 5627 W Pico Blvd in the prime Mid-City submarket of Los Angeles. The 17,097 SF development site is zoned C4-1-O TOC Tier 2 allowing a developer to build +/- 45 units by-right or up to +/- 74 units utilizing the TOC density bonus. The site currently comprises a 4,077 square foot office building. The property offers a rare development opportunity as no previous rental units are on Lot and the new development will not be subject to the Rent Stabilization Ordinance. The property, situated in the Mid City neighborhood has a remarkable walk score of 91 (a walker's paradise), and offers residents a vibrant urban lifestyle. The property is just steps from renowned dining venues, bars,. Nearby attractions include LACMA, Little Ethiopia, The Peterson Automotive Museum, The Grove, Third Street Restaurants, Melrose Trading Post, and El Rey Theater, just to name a few. Future residents will enjoy convenient access to major transportation hubs and freeways, including the 10 freeway, and 101, facilitating easy commuting to employment hubs such as Downtown Los Angeles, San Fernando Valley, and Silicon Beach. For those looking for public transportation, there are several subway stops in proximity of the property including La Cienega/Jefferson and Expo/La Brea Stations. Additionally, Los Angeles International Airport is less than 30 minutes away. Please contact John Swartz or Jackie Carroll for more information.
Great opportunity, seller will carry the first Trust Deed with a 30% down payment. Two lots for sale, 3,762 Sq. Ft., and 3,751 Sq. Ft. Total 7,513. $750,000 each, total: 1,500,000. The two lots have been used as a landscaper head quarters. Both lots shall be sold together. Both lots will be delivered vacant. Perfect for developing the land or other uses. Easy to show.
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 90019 has a population of 3,902,440. Los Angeles 90019 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 90019 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 90019 is 36.2 years.
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.