- $3,975,000
- 1 Lot
- Market-rate redevelopment opportunity for a double-lot site with existing multifamily featuring an attractive unit mix near local amenities in Hyde Park.
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Investors looking to purchase land in Los Angeles should ensure they clearly understand what is commercial real estate, their budget, and the returns needed in order for an investment to be successful. Los Angeles is a city with a large and varied economy, making it a prime location for different commercial investments. Land for sale is especially notable in this city due to its significant development, infrastructure, and the growth of the entertainment and technology industries. Investors have a chance to engage in a market driven by international trade through the Port of Los Angeles, a vast transportation network that includes one of the busiest airports in the world, LAX, and a strong educational system featuring universities like UCLA and USC. The location of Los Angeles, between mountains and the Pacific Ocean, adds to the appeal of land investments, providing opportunities for a range of commercial development projects that benefit from the city's Mediterranean climate and its role as a center for tourism and culture.
Land for sale in Los Angeles represents an opportunity to be part of the city's economic landscape. These parcels allow for development in a city known for its extensive urban area and important cultural sites. Besides land, the real estate market in Los Angeles is supported by industrial properties and warehouses, crucial for the logistics and manufacturing industries in the area. Properties designed for the entertainment industry highlight the city's importance in global filmmaking. Residential income properties also offer investment chances in a city attracting people from across the country and the world. For investors seeking a "like-kind" property for a 1031 exchange, Los Angeles offers a wide variety of options to meet diverse needs.
Land Size | Square Feet |
---|---|
Maximum | 144,926 SF |
Average | 39,188 SF |
Minimum | 4,429 SF |
Land Price | Price Per SF |
---|---|
Maximum | $2,511 Per SF |
Average | $1,068 Per SF |
Minimum | $222 Per SF |
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