The median home value in Nine Mile Point, LA is $262,500
The national median home value is $308,980.
The average price of homes sold in Nine Mile Point, LA is $262,500.
Nine Mile Point real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
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RARE TO FIND ZONED R4 VACANT LAND IN A CONVINIENCE TO ALL AMENITIES AREA. EASY ACCESS TO FREEWAY, DOWNTOWN. NEW RETAINING WALLS AT BACK AND SIDES OF PROPERTY.
Back on the market and ready for your project! Large flat Victor Heights lot with room to create a project that will provide income for many years to come. Property located within 1 mile of Union Station and 0.2 miles from a major transit stop as defined by the Transit Oriented Communities (TOC) Guidelines. Close proximity to Downtown, Chinatown, Dodger Stadium, Echo Park, Sunset Blvd, the 110, and the 101 Freeways. Zoned LAR4P, lot size 4,555 sqft., appx. 45 ft. of frontage by 100 ft. deep.
We are pleased to present a 100% vacant land development opportunity located just South of Echo Park! Totaling +/-7,457sf of LACW zoned land with base R4 density and Tier 2 TOC, there's potential for a developer to execute on either a market rate or affordable housing development. As a market rate development utilizing the R4 base density and applying Tier 2 TOC bonuses, there's potential for a 31-unit market rate development. As a 100% affordable ED1 development, there's potential for a 30-35 unit development with no parking requirements with an affordable stick on grade type construction.With its close proximity to Echo Park, Dodger Stadium, Chinatown, and Downtown Los Angeles, the property is well positioned for a developer seeking a well-located property with high rental demands. Ownership has completed a Geophysical Survey Report and massing study for a market rate development, both of which can be made available upon request. Please note, there is a +/-5-6' access easement that runs along the Southern portion of the property. Buyer shall complete their own due diligence to determine the development potential. For more information please contact the listing broker.
We are proud to present a rare opportunity for a developer to acquire an 85-unit, seven-story development project situated in the vibrant Westlake district, just minutes away from Downtown Los Angeles. This remarkable offering encompasses three assembled lots, totaling 19,921 square feet of prime land. The proposed development spans an impressive 64,759 square feet and comprises seventy-nine (79) one-bedroom, one-bath units, as well as six (6) two-bedroom, two-bath units. Notably, the project incorporates forty-three (43) conveniently located parking spaces within the first two stories of the building, eliminating the need for subterranean parking. It's worth mentioning that the sellers have dedicated over 3 years to navigate the city approval process, and the plans are now at the advanced stage of being approximately 90% Ready to Issue (RTI) status. Furthermore, the seller has initiated an Ellis Act for the ten remaining tenants in the existing buildings, with a scheduled move-out date set for July 2024.The Westlake neighborhood, nestled in Central Los Angeles, offers a unique blend of residential and commercial living. Bordered by Silver Lake to the north, Echo Park to the northeast, Downtown to the southeast, and Pico-Union to the southwest, with Koreatown to the west, Westlake has a rich history. While it primarily developed in the 1920s, the area has seen a transformation, with many of its historic mansions now converted into apartments. Additionally, new multifamily buildings have been erected in response to the high demand for housing in this dynamic and ever-evolving part of the city.
Ultra Efficient RTI Development Site in City West. The Plaza Apartments @ City West, a 60-unit multifamily development opportunity in the Downtown Los Angeles submarket. The project is permit-ready and will be delivered with all reports, plans and approvals to the selected Buyer. Designed with area demand and cost consideration paramount, the project is extremely efficient with an average unit size of approximately 582 square feet and no subterranean parking. The project has been subjected to rigorous underwriting and is conceptualized with an intimate understanding of the market by seasoned local experts. Construction is 7-story type III-A with at- and above-grade parking and approximately 36,000sf of rentable area. A unit mix skewed towards studios and 1-bedrooms meets local demand head-on catering to young professionals and small families looking to live as close to Downtown Los Angeles as possible.
1786 N Spring St is an Office space located in LosAngeles, 90012. The property is located in CASPCornfield Arroyo Seco Specific Plan and in anOpportunity Zone. The size of the building is 7,037SF and the lot size is 17,175 SF.
ATTENTION: DEVELOPERS AND INVESTORS! Location, Location and Location! First time on the market in 32 years! Property zoned C2-1 with an 8,150 sq ft lot. Great potential to add 2 additional ADU or redevelop the property. Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) eligible. A true golden opportunity to redevelop in one of the fastest growing and highly desirable neighborhoods. Located in the Westlake/Echo Park/Downtown area! This property is located near mass transit, coffee houses, restaurants, bars, museums, theatres, galleries, parks and everything else that L.A. has to offer. Stunning City and DTLA skyline views buyer to do their due diligence prior to submitting offer. For marketing package requests email listing agent.
Great opportunity to build 2 architectural condo units or your own architectural masterpiece in the heart of Echo Park. N of Sunset Blvd and within close proximity to restaurants & shops. Architectural plans for 2 high-end freestanding Condos, each 3 br+3 Ba- apx 2400 sq ft, with a large deck or roof deck and 2 car garage. Upslope lot with 180-degree views of DTLA &Echo Park. Plans are ready to submit to the Dept. of Building & Safety for building permits (permits were previously pulled but expired). Dept. of City Planning has issued a Letter of Determination approving a Preliminary Parcel Map for the two dwellings to be condos. Letter of Determination, Plans/Survey/Geo/etc. are available for review. (If the buyer wishes to use current plans, the buyer can be assigned an existing contract between the seller and architect.) The city issued two new addresses for the property in the course of permitting:1317 and 1319 Laveta Terrace. Walk up the adjacent historic public staircase to check out amazing views
Massive Development Opportunity. At this time one could build up to 20 market-rate units on this property, and by mid to late 2025 under the new "Boyle Heights Community Plan" and by utilizing the "Community Benefit Program" one could construct up to 36 units, encompassing 32 market-rate units and 4 low-income units. According to ZIMAS the property is not subject to HPOZ.
RTI approved permits for a "Shovel-Ready", non-rent controlled (no low-income requirement / no SB 8), 4-unit multifamily development that will overlook the downtown Los Angeles skyline and is within close walking proximity to the new 6th Street Bridge and P.A.R.C. under construction. Adding greater value, on December 12, 2023, the LA City Council voted to adopt the Boyle Heights Community Plan with rezoning amendments that will allow up to 11 residential units / 6,601.8 buildable sq. ft. at market rates or up to 20 residential units / 13,203.6 buildable sq. ft. with max bonus. In addition, the new zoning allows for the option of mixed-use development with no restriction on building height and the number of residential units will still remain up to 11 market rate units or up to 20 units with max bonus!
Priced Reduced! Motivated Seller! SB8 Clearance, Phase 1 report, and a land survey are available upon request. First time on the open market in almost 40 years! This development opportunity features 6,467 SF of land with alley access, in sought after Westlake just South of Beverly Blvd. The property will be delivered fully vacant with SB8 excluded and no relocation of tenants necessary. This investment presents a developer the opportunity to purchase land in the coveted Silverlake Adjacent, located steps from Echo Park. The parcel is zoned R3-1 and located in a Transit Oriented Community Tier 1, allowing a developer to build up to ~9 large units at a low price per sf of $139. Additionally, the Los Angeles Transit Oriented Density bonus can be used to build up to ~14 units. The subject property is centrally located within the heart of Westlake and Filipinotown. This parcel is a hidden gem in a gentrifying area surrounded by new developments. This site is located with close proximity to food destinations, bars, coffee shops, retail stores as well as Downtown LA, Silverlake, and K-Town. Buyer to do their own due diligence regarding possibilities for development. Property inspection subject to accepted offer. Please do not contact the owner as the property is exclusively listed.
We are proud to exclusively present for sale a designer Construction Project in Echo Park, two blocks to the Echo Park Lake! Meticulously designed to be the stand-out of the area, this 55 Unit Project will have the bells and whistles that demanding tenants expect from a Class A design! With a high barrier to entry and rents close to $6 PSF, this is a great pocket to build in! With an entrance on Alvarado Street, future tenants would be met by a comfortable lobby that will lead to a lovely open space. Take the elevator to the gorgeous roof-top deck with vast views all around, being perched on a slope pointing to the Echo Park Lake! The Project will consist of mostly 1+1s, with twelve 2+2s and six singles+1. 5 units will be reserved for Extremely Low Income. The Project, so far, includes two levels of subterranean parking, and AB 2097 allows for the elimination of part or all parking levels to streamline construction and bring in the Project with significant savings. The property is in a tremendously pedestrian-friendly location; Walk Score calls the area a Walker's Paradise! With Vons, Lassens and the coming Sprouts Market a very short distance away, most day-to-day needs can be accomplished on foot. The Metro Subway Station is a short 30 minute walk, but the area is surrounded by buses and with very easy access to the 101 and 110 freeways. Come to Prime Echo Park, the center of a dining, nightlife, shopping and hospitality enclave that young professionals are looking for! Purchase this Project with 900 Alvarado St., a 52 Unit Project a block away.
>>>FRESH BACK ON THE MARKER<<< ALERT ALERT!! All investors & Developers, take a look at this amazing opportunity to acquire this amazing development that is fully "RTI"- ready to build 20 units multi-family dwelling in prime and high demand area of Boyle Heights. The building will consist of 3 stories! Total building square feet = 14,349. On the 1st floor will consist of 4 units (1 bedroom, 1 bath, on the 2nd floor 6 units (4 units 1 bedroom, 1 bath & 2 units - Studio, on the 3rd floor - 6 units (4 units - 1 bedroom, 1 bath + 2 units studios. And as per seller! Only 3 units are to be for low income and the rest are standard market rental value. This amazing development is walking distance to 1st Street shops & dining restaurants, Mariachi Plaza, and only blocks away from the Arts District Area, USC Medical Center, White Memorial Hospital and 6th street bridge, with easy access to the 5,10,60 and 101 freeways & walking distance to the newly completed Metro Gold Line station at East 1st Street. So, don't hesitate and let this great development opportunity get away.
We are proud to exclusively present for sale a designer Construction Project in Echo Park, two blocks to the Echo Park Lake! Meticulously designed to be the stand-out of the area, this 47 Unit + 5 ADU Potential Project will have the bells and whistles that demanding tenants expect from a Class A design! With a high barrier to entry and rents close to $6 PSF, this is a great pocket to build in! With a planned Recreation Room, a Co-Working Room, a Leasing Office, a Bike Room and comfortable lobby, none of these rooms would be taken to convert the additional space to Accessory Dwelling Units; each floor has a "Community Room" that is planned for a potential ADU conversion. The design calls for every unit (except for the future ADUs) to have their own balcony or private patio, along with communal access to the fifth floor open space that will have an indoor lounge with bathroom. The Project will consist of mostly 1+1s, with eight 2+2s and one 3+2. All ADUs will be 1+1s. 5 units will be reserved for Extremely Low Income. The Project, so far, includes two levels of subterranean parking, and AB 2097 allows for the elimination of part or all parking levels to streamline construction and bring in the Project with significant savings. The property is in a tremendously pedestrian-friendly location; Walk Score calls the area a Walker's Paradise! With Vons, Lassens and the coming Sprouts Market a very short distance away, most day-to-day needs can be accomplished on foot. The Metro Subway Station is a short 30 minute walk, but the area is surrounded by buses and with very easy access to the 101 and 110 freeways. Come to Prime Echo Park, the center of a dining, nightlife, shopping and hospitality enclave that young professionals are looking for! Purchase this Project with 801 Alvarado St., a 55 Unit Project a block away.
TOC & CDO approved 14-Unit Development Opportunity ( 3 ADU's can be added ) in prime Echo Park steps away from Echo Park lake, dining and nightlife on Sunset Blvd. Sited on a street to street lot (Park & Bonnie Brae Ave) with sweeping views of DTLA skyline and lake. Inclusive of the 14 units, (3) units will be affordable [ (2) ELI and (1) VLI ]. Construction documents available, but have not been submitted to plan check. The lot is 6,232 Sq Ft zoned R3 - Tier 3. Currently improved with 2600 SF (4) unit apartment building (all one bed/bath bath) with one vacancy. Current monthly income $6,794. Seller will not deliver RTI.
Mixed Use Development - Build poss 24 Sec 8 Rentals with Gov't Guaranteed Income! CM Zone = More Building Allowances from the B&S Dept., Poss NO PARKING GARAGE REQUIREMENTS! 6246 SF Lot at a Bus Stop! It's Perfect!!
LOCATION! LOCATION! LOCATION! Excellent location for a developer. A great opportunity to buy and build 32 multi-family units. R4 zoning allowing for the potential for many different uses. TOC Tier 3 designation for additional density of allowed number of units. Conveniently located near downtown Los Angeles and Koreatown. Easy to access and near major thoroughfare Olympic Blvd. This single family home is approximately 3,314 SF with approximately 7,225 SF of land in a corner lot with alley access. The listing agent does not guarantee the accuracy of square footage, lot size, bedroom & bathroom count, permits, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.
Opportunity to acquire an RD2-zoned lot and RTI plans to develop a Four Unit Multifamily asset. The plans include (2) Duplexes spanning 5,674 GLA and 15 Bed / 15 Baths. Units consist of (2) 5 Bed / 5 Baths, (1) 3 Bed / 2 Baths and (1) 2 Bed / 3 Baths. 415 Lafayette Park Pl offers a unique opportunity in the highly desirable neighborhood of Echo Park. This 4,783 SF site has convenient access to all of Echo parks entertainment, restaurants, attracations, parks, freeway access and more. The lot has no RSO zoning restrictions and the plans include four large units. Four unit new construction Multifamily is in very high demand as the inventory is low.
Seller open to potential joint venture options or seller financing! Will deliver RTI with design and plans for approximately 3,200+ SF home. See attached renderings. Power/Water/Sewer/Gas existing on property. Designer's current plans propose 4bd/3.5 bath. Two ensuite with soaking tub and walk in closets. Rooftop deck with spa and fireplace. Living room fireplace, four story glass and steel central staircase. Property is also zoned LAR2!!!!
Here's your chance to create your own urban oasis in the heart of Los Angeles! This vacant piece of land presents an ideal canvas for building your dream home, strategically located near the vibrant pulse of Downtown, the serene beauty of Griffith Park, and the excitement of Dodger Stadium.With its proximity to key landmarks and attractions, this property offers not only the promise of convenient city living but also the potential for a wise investment. Whether you envision a sleek modern retreat or a charming traditional abode, this blank canvas awaits your architectural vision.Seize the opportunity to craft a personalized sanctuary amidst the dynamic energy of Los Angeles. Don't miss out on this exceptional investment opportunity to shape your future in one of the most coveted locations in the city.
VACANT LOT! Adjacent to 5208-014-007 both lots for sale together. Rare opportunity to acquire this gorgeous adjacent vacant lots with an unobstructed views of downtown LA at the peak of Lincoln Heights. Wide open space, nestled in a great neighborhood suited for everyone looking to build in the middle of the city yet sill has the charm of privacy and spectacular city lights at night. Less than few miles away from LA's best restaurants, cafes and businesses. This neighborhood is accessible to landmarks beautiful museums, San Antonio Winery, Plaza de Raza Cultural Center and many more. PRIME LOCATION for Builders, Developers, Architects, and Home Owners as this offers incredible and endless potential to create.
VACANT LOT! Adjacent to 5208-014-008 both lots for sale together. Rare opportunity to acquire this gorgeous adjacent vacant lots with an unobstructed views of downtown LA at the peak of Lincoln Heights. Wide open space, nestled in a great neighborhood suited for everyone looking to build in the middle of the city yet sill has the charm of privacy and spectacular city lights at night. Less than few miles away from LA's best restaurants, cafes and businesses. This neighborhood is accessible to landmarks beautiful museums, San Antonio Winery, Plaza de Raza Cultural Center and many more. PRIME LOCATION for Builders, Developers, Architects, and Home Owners as this offers incredible and endless potential to create.
Nice lot to build to build A brand new home located on top of the hill with A very breath taking city views. This lot is located in A very Quite residential area in the heart of Lincoln Heights! . The lot is not to far from down town LA very close to the freeway and not to far from Dodger Stadium, there are A lot of places to shop in the area along with a lot of local restaurants ! Very nice residential area to start a new chapter in life and build your dream home.
Build your own dream home on 11,300.9 sq ft of land in the Edendale tract of Echo Park. The lot sits on the north side of Fargo St, situated between Alvarado and Allesandro. This location offers views of the mountains and the Hollywood sign; seller has obtained a recent and favorable geological report which is available upon request.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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