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5897 Lorae Pl, Los Angeles, CA, 90068

$164,999

0.08 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewCanyon, Trees/Woods
MLS #24459643
Lot Size0.08 Acres
StatusActive

About 5897 Lorae Pl

Attention Builders, Developers and Visionaries! Bring your contractor, your shovel and your imagination! An incredible investment opportunity awaits to own a prime 3,700 sq. ft. lot in the acclaimed Bronson Canyon neighborhood, nestled in the tranquil and enchanting hills. Situated just minutes from Bronson Canyon Park, The Oaks, Franklin Village, The Bat Caves and Gelson's, this is your moment to create your dream oasis in a highly-sought after location in this exclusive enclave. Enjoy all that Hollywood has to offer while basking in the peaceful nature of canyon life! Lot is partially graded on upslope. Zoned R1, all utilities are available close by. Geo reports are also available. Lot size shown on Tract Maps is larger than Assessor's Public Record. Please call, text or email for more details. Don't miss this chance to secure a lot in the Hollywood Hills to bring your dream home to reality! Due Diligence: Please note that buyers and their agents must conduct their own due diligence regarding the property, it's condition, potential and viability. Information Disclaimer: While all information is deemed reliable, there are no guarantees or warranties regarding the property's condition. All digital renderings are for illustration purposes only and do not represent plans for a finished home.

Property Details

Property Features

Listing Office:

  • Office Name: MAISONRE
  • Office Phone: (877) 468-7301
  • Listing Agent: John Guentner

Exterior Features

Exterior Information:

  • View: Canyon, Trees/Woods

Lot Features

Lot Information:

  • Lot: Sloped Up
  • Lot Size: 0.08 Acres

Other

Directions Information:

  • Directions: North on Canyon Dr, Left on Locksley Pl, Left on Lorae Pl.

Price Information

Listing Price Info

Price Summary:

  • List Price: $164,999
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

5897 Lorae Pl vs Los Angeles

44 DAYS ON ROCKET

+6 Days

$164,999

-$856.5K Less

KEY TAKEAWAY

This property is $856.5K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24459643

Listing Office:

  • Office Name: MAISONRE
  • Office Phone: (877) 468-7301
  • Listing Agent: John Guentner

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4261066
5
/10
  • Cheremoya Avenue School

  • 6017 Franklin Ave

  • 0.86 miles

  • Public District Grades PK-6

school-card-donut-4261067
5
/10
  • Grant Elementary School

  • 1530 N Wilton Pl

  • 1.28 miles

  • Public District Grades KG-6

school-card-donut-4261068
6
/10
  • Citizens of the World Charter School Hollywood

  • 1316 N Bronson Ave

  • 1.57 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $186,022. The most common annual income of people living in Los Angeles, CA is $200k+. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5897 Lorae Pl

What is the listing price of this property?

The listing price of 5897 Lorae Pl property is $164,999.

What type of property is this?

The property 5897 Lorae Pl is land located in Los Angeles, California, 90068.

Is this property for sale now?

Active Listing: 5897 Lorae Pl is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5897 Lorae Pl is 0.08 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900685897 Lorae Pl

This home is located at 5897 Lorae Pl in Los Angeles, CA and zip code 90068 in the Central LA neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since November 03, 2024 and is currently priced at $164,999.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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