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Image 1 - 1897 Marcheeta Place, Los Angeles, CA 90069, USA - House for sale

Image 2 - 1897 Marcheeta Place, Los Angeles, CA 90069, USA - House for sale

Home For Sale In Los Angeles, California

1897 Marcheeta Place, Los Angeles, CA 90069, USA

Home For Sale In Los Angeles, California

house for sale

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Listed: 03/07/24

1897 Marcheeta Place, Los Angeles, CA 90069, USA

Studio Bed:

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Price

$ 10,5M

About This House

This sprawling blue-chip site of approximately 1.3 acres is mostly flat and positioned at the end of a quiet cul-de-sac in the coveted Doheny Estates. Rarely do land opportunities with this amount of flat area become available, especially in such an exclusive, world-class location. The massive site was previously two parcels thereby giving a buyer flexibility to explore untying the property back to two parcels to develop two homes, or build on the current parcel. There is a home on the property which could serve as a rental to defray carry costs while a buyer obtains entitlements and permits. Truly a unique, one-of-a-kind opportunity in an A+ location, perfect for either an end-user or developer to create Los Angeles' next showcase estate. Red boundary lines are approximations and may not reflect precise property lines.

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Los Angeles Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$1,153,562 (-13.1%)
Mar 2024	$1,327,333 (0%)
Feb 2024	$1,327,333 (0%)
Jan 2024	$1,327,333 (+30.1%)
Dec 2023	$1,020,000 (0%)
Nov 2023	$1,020,000 (0%)

In April 2024, the asking price for 2 bed houses for sale in/near Los Angeles, United States averaged $1,153,562, a decrease of 13.1% from the previous month.

Median price trends for properties for sale in Los Angeles, United States as of April 2024.

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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