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Westlake Land & Home Lots for Sale

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  • /5

    $775,000

    • Land
    • 0.14 Acre
    • $5,690,162 per Acre

    200 Belmont Ave, Los Angeles, CA 90026

    Introducing 200 Belmont Ave, a highly desirable corner lot in Historic Filipinotown/ Echo Park. This property features approximately 6,000 sq ft of land, zoned LARD1.5, offering excellent potential for redevelopment. With alley access and corner location, the lot provides flexibility for design, parking space options and maximizes buildable area. This lot obtains unobstructed views of downtown

    Victoria Cogswell The Collective Realty

    200 Belmont Ave, Los Angeles, CA 90026
  • /6

    $3,995,000

    • Land
    • 0.36 Acre
    • $11,042,012 per Acre

    2227 Valley St, Los Angeles, CA 90057

    We are pleased to present a rare 100% vacant land development opportunity located in the Westlake neighborhood of Los Angeles. Totaling 15,760 of LAR3 Tier 1 TOC zoned land, a new owner has the ability to capitalize on various exit strategies that include the following: 1) Letter of Determination from Planning and Housing Approval for a 65-unit, 100% affordable, 4-story, 41,272 SF building, 2)

    Casey Lins Kidder Mathews of California, Inc.

    2227 Valley St, Los Angeles, CA 90057
  • /7

    $1,580,000

    • Land
    • 0.21 Acre
    • $7,369,403 per Acre

    362 S Commonwealth Ave, Los Angeles, CA 90020

    Rare R4-2 zoned vacant lot in prime Koreatown! Approx. 9341 sqft. flat land for multifamily, condos, or Build-To-Rent (BTR) projects. Located near Wilshire Blvd., Downtown LA, and major transit (Fwy 10, 101, 110). Recent developments in the area include apartments, condos and adaptive reuse projects. Street frontage on Commonwealth Ave, with nearby utilities. Seller and Brokers do not

    Julie Lee I&J Properties

    362 S Commonwealth Ave, Los Angeles, CA 90020
  • /8

    $2,900,000

    • Land
    • 0.14 Acre
    • $20,194,986 per Acre

    Unlisted Address

    1517 &1521 W. 8th St. is a redevelopment opportunity in the Los Angeles City West submarket. The property is currently vacant and zoned LAC2-2D. It is ED1eligible and within a TOC Tier 3 area. On November 16th, 2020 the Los Angeles Department of City Planning issued a Letter of Determination in favor of a 60-unit multifamily redevelopment project. The project was permitted in 2022 and has since

    Adam Peterson CB Richard Ellis, Inc.

    Unlisted Address
  • /5

    $1,460,000

    • Land
    • 0.13 Acre
    • $10,846,954 per Acre

    820 S Lake St, Los Angeles, CA 90057

    The LAAA Team at Marcus & Millichap is pleased to present an exceptional opportunity to acquire 820 S Lake Street, a fully RTI affordable housing development project located in the heart of Westlake, Los Angeles. Situated on a 5,860-square-foot lot, the property is delivered with Ready-to-Issue (RTI) permits for a 33-unit, 100% affordable multifamily project. The rents for the 24 low-income units

    Filip Niculete Marcus & Millichap

    820 S Lake St, Los Angeles, CA 90057
  • /4

    $3,575,000

    • Land
    • 0.14 Acre
    • $25,924,583 per Acre

    Unlisted Address

    The offering consists of an entitled 95-unit ED1 project of income-restricted housing on a 12,011 (.276ac) double-lot. The seller will deliver the project RTI (ready to issue) permits upon the close of escrow. Zoned LAR3-1VL, the project was granted six incentives/waivers including no maximum density. increased FAR, and decreased setbacks/open space as a result of the project's ED1 status. The

    Adam Peterson CB Richard Ellis, Inc.

    Unlisted Address
  • /2

    $900,000

    • Land
    • 0.19 Acre
    • $4,836,110 per Acre

    520 Union Dr, Los Angeles, CA 90017

    We are pleased to present 520 Union Dr, a lot in the Westlake neighborhood of Los Angeles located just north of 6th St and a half-mile from Good Samaritan Hospital. The property consists of an 8,108 SF lot zoned R4-1 in a Tier 3 TOC. The lot is currently being used as parking, leased to tenants of the adjacent building at 514 and 526 Union Dr, and generates $2,500 per month in income; tenants

    Neema Ahadian Marcus & Millichap

    520 Union Dr, Los Angeles, CA 90017
  • /3

    $3,000,000

    • Land
    • 0.22 Acre
    • $13,824,885 per Acre

    306 Union Place, Los Angeles, CA 90017

    Commercial Land Development Opportunity. This prime real estate opportunity will be delivered with fully entitled property, with all stamped and approved plans for 30 apartment units, Ready to Issue (RTI) building permits, allowing the buyer to immediately commence construction. This is a vacant lot, simplifying the development process.

    Linda Chang Millennium Group Realty

    306 Union Place, Los Angeles, CA 90017

Home Trends in Westlake, CA

Housing Trends

Median Sale Price
$470,000
Median Single Family Sale Price
$755,000
Median Townhouse Sale Price
$449,000
Median 2 Bedroom Sale Price
$249,000
Median 1 Bedroom Sale Price
$575,000
Average Price Per Sq Ft
$343
Number of Homes for Sale
9
Last 12 months Home Sales
158
Months of Supply
0.70
Median List Price
$459,900
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
39%
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