The median home value in Los Angeles, CA is $920,000.
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 $920,000.
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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2405 Meadowvale Ave in Los Angeles CA, located in the Echo Park sub-market.The property is made up of two separate structures that each consist of (2) 2 Bedroom/1-Bathroom units totaling (4) units. 2405 Meadowvale Ave is situated in the City of Los Angeles, California, within the 90031 ZIP code area. The property has great value add opportunity with the possible addition of an ADU that will generate additional income. Buyer to conduct its own investigation to verify ADU feasibility. This property is currently being used as a short-term rental because of its location but can be leased long-term. Three of the 4 units have had extensive renovations, including stainless steel appliances and in-unit washer/dryer. It also has the option to be sold with 3 of the 4 units fully furnished. Three of the four units are currently vacant.
We are pleased to offer this amazing once in a lifetime development opportunity located in the Mid-City neighborhood of the City of Los Angeles; only 15 minutes from Beverly Hills and 20 minutes from Downtown LA. The neighborhood is in the midst of a renaissance with high density developments and gentrification of the entire blocks. Currently, there are 3-detached homes situated on a 6,139 square foot lot. The property will be delivered vacant at the close of escrow allowing developers the perfect opportunity to redevelop the parcel. The parcel is Zoned R2 as per city.