Land & New Construction
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago on . Most recent reply
Novice want to build on a parcel.
I've found a 1.5 acres in the center of a well known city in east Los Angeles. Across the street from the property are multi-million dollars homes. The only problem with this land is that it is on a hill. I know that you can fit at least three 3,000 sq feet homes with 3 cars garage easily. My problem is how do you find investors/developers? For the price of the land is a real steal and plus the new SB9 would be an easy cash cow. I's novice on this (so be easily on me) and wondering how much does it cost average to build a home on an angle of a hill. This could be over my head but I would like to know...
Most Popular Reply

- Contractor/Investor/Consultant
- West Valley Phoenix
- 13,849
- Votes |
- 11,853
- Posts
Nowadays in LA, you're probably talking $400 SF for a nice home with those extra footing and steel. So a 3000 SF house would be $1.2 mil. Just for the build.... add on for architect, engineer, school fees, permit costs, etc.