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Los Angeles Specialty Properties for Sale
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Specialty Property For Sale in Los Angeles
Los Angeles is a major center for commerce, finance, and culture in Southern California, offering many opportunities for commercial real estate investment. For new investors, understanding what is commercial real estate, and what properties are available in the budget and return they are looking for, is key. Specialty properties gain from Los Angeles's strong infrastructure, including its top-tier airport, LAX, and the Port of Los Angeles, the busiest container port in the Americas. The city's educational institutions, like UCLA and USC, help build a strong workforce, and its location, from the Pacific Ocean to mountain ranges, adds to its attractiveness for certain commercial projects.
Specialty Properties For Sale in Los Angeles take advantage of the city's infrastructure and cultural landmarks, making them appealing investments. Shopping Centers in Los Angeles benefit from the city's large population and tourist numbers, providing high foot traffic and visibility. Residential Income Homes use Los Angeles's diverse and expanding population for long-term investment through rental income. Office Space and Hotels support the city's economic framework, serving its active business scene and strong tourism industry, respectively. In conclusion, Los Angeles's specialty properties, along with its shopping centers, residential income homes, office spaces, and hotels, offer a broad range of investment opportunities, highlighted by the city's dynamic economy and culture.
Learn about Specialty Properties for sale in Los Angeles
How many Specialty Properties listings are available for sale in Los Angeles?
There are 45 Specialty Properties available for sale in Los Angeles.
What factors should I consider when searching for Specialty Properties in L.A?
You should consider aspects such as location characteristics, historical property data, and market trends.
- Los Angeles is a major economic hub with a highly diverse economy spanning various industries such as international trade, entertainment, and technology, potentially impacting the functionality and value of the Specialty Properties.
- You may want to review the average property size, which is 26,999 SF to get an idea of the space available in the market.
- Given Los Angeles' role as an economic center and the availability of 45 Specialty Properties, this Property Type may provide unique opportunities suited to your specific needs.
How much does it cost to buy a Specialty Property in Los Angeles?
The cost to purchase a Specialty Property in Los Angeles varies, as it is dependent on various factors such as size and location.
- The average price per square foot for this property type is $651, which can provide a general idea of cost.
What is the largest Specialty Properties available to buy in Los Angeles?
The largest specialty property for sale in Los Angeles stands at a size of 276,218 SF.
Why is Los Angeles an ideal location for specialty properties?
Los Angeles is an ideal location for specialty properties due to its status as a principal city with a diverse economy, a high visitor count, and a robust transportation network.
- With a multi-sector economy led by the Hollywood film industry and significant contributions from international trade, entertainment, aerospace, and technology, this location offers a broad customer base and business opportunities.
- The city was the third-most visited in the U.S., attracting over 4.6 million visitors in 2019, which translates to high potential footfall and customer interaction for specialty properties.
Size Summary For Los Angeles Specialty Properties
| Specialty Property Size | Square Feet |
|---|---|
| Maximum | 276,218 SF |
| Average | 26,999 SF |
| Minimum | 1,168 SF |
Cap Rate for Los Angeles Specialty Properties
| Specialty Property Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 6.91% |
| Average | 5.95% |
| Minimum | 4.97% |
Prices for Los Angeles Specialty Properties
| Specialty Property Price | Price Per SF |
|---|---|
| Maximum | $2,948 Per SF |
| Average | $651 Per SF |
| Minimum | $214 Per SF |
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