Land buying and selling in the Greater Los Angeles area is complex...

By
Real Estate Agent with Berkshire Hathaway HomeServices 01238708
http://activerain.com/droplet/4YCK

 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. 

www.endrebarath.com

 

 

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. 

www.endrebarath.com

 

 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.

www.endrebarath.com

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.

www.endrebarath.com

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 homes@endrebarath.com 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.

 

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Rainmaker
685,897
Hella Mitschke Rothwell
(831) 626-4000 - Honolulu, HI
Hawaii & California Real Estate Broker

Endre Barath, Jr. - It's nice to know that there is vacant land for every pocketbook. However, it is important to have an experienced real estate agent like you to explain the costs involved to build on a property.

Jan 07, 2017 11:10 PM #1
Ambassador
2,671,920
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I love selling dirt, in fact that's  where I started investing in real estate Endre Barath, Jr. Los Angeles would be fun! 

Jan 07, 2017 11:54 PM #2
Rainmaker
2,854,463
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Endre -- this niche is definitely not for the uninformed -- whether that person is the real estate professional or the buyer(or seller).  What Mark Twain said remains true today.   "Buy land, they're not making it anymore".

Jan 08, 2017 01:04 AM #3
Rainmaker
1,158,476
Kat Palmiotti
Grand Lux Realty, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Yes, buying land (and then using it) can contain many challenges. And wow, a $1B listing? Holy macaroni.

Jan 08, 2017 04:04 AM #4
Rainmaker
3,385,468
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Endre Barath, Jr. ,

Buying land in your area is not for the faint of heart! So many challenges..anyone talking with you will be told the truth and then can make that decision on land buying. Thanks for the post..very informative.

Jan 08, 2017 06:42 AM #5
Rainmaker
1,691,901
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

WOW! Terrific post and great comments too.

The photograph is pretty amazing as it shows the diversity of the landscaping. Buying land is complicated and you're the best at what you do because you understand the lay of the land. 

Jan 08, 2017 10:27 AM #6
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2,617,412
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Endre - Land is a difficult subject to master in the LA area, but there's no doubt you know the details. I've always been amazed at what can be built on in LA, given the knowledge, time and money.

Jan 08, 2017 12:01 PM #7
Rainmaker
2,573,916
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Endre, You are the LandMan of the Greater Los Angeles area.  Land is an area I do not get involved with. I know what I don’t know.

Jan 08, 2017 04:31 PM #8
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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