One of my favorite subject happens to be discussing buying or selling Vacant Land in the Greater Los Angele area. The subject is very complicated, since purchasing land happens to be one of the most complex property purchases in the greater Los Angeles area. Not only are the prices, but the inventory is varied as well. There are prices starting from the very low of under $100, 000.00 to the very high of $1 Billion.
So, what does that tell you? Well first it lets you know, that there is land for every budget.
Then you discover that there is more to it. Some investors “bank” land and wait years and years with no intention of building rather it is to ‘hold’ and re-sell at a premium. Other people buy land and discover that it is not as simple as they thought it would be to build, nor did they take into consideration in addition to cost of building the time it takes for approval.
Then there are small to large developers some with little money others with deep pockets. That understand the process for better or worse. There are seasoned as well as first time developers.
Then you add into the mix the dreamers who have little or no money and think this is one way to step into the Los Angeles Single Family or home ownership market.
Would you believe it there are lots that are smaller than 3000 sq. ft. and others as large as 157+ acres. So, what do I do as Vacant Land Specialist in the greater Los Angeles area? I educate and ask a lot of questions
Over the years, I have discouraged many a buyer, others truly appreciated my ‘educating’ them and bought with me Condominiums and Single Family Homes instead of buying land.
So, if you are considering buying or selling land in the greater Los Angeles area, please reach out to me directly before you make another move. I am confident you will be glad you did.
If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or firstname.lastname@example.org or visit one of my websites at http://www.endrebarath.com. I am a Pet Friendly Realtor and I contribute a portion of my commission to local animal rescue organizations.