what is the current price per square foot for new construction in LA?

Simon
Home Buyer
Brentwood, CA

Answers (3)
Aaron Mirsky
Agent
Brentwood, Los Angeles...

Hi Simon,

I have two examples of new construction, single family homes in the 3000-4000 s.f. range in Brentwood and North of Wilshire Santa Monica selling well under $850/ s.f.

12314 Gorham Sold $2,150,000 - 4600 s.f. @ $467.39 s.f. - 06/05/2009
1024 23rd Street Sold $2,425,000 - 3500 s.f. @ $692.85 s.f. - 05/22/2009

There may be homes that are selling closer to $850-$1,000 s.f. but it isn't hard to find home selling for less in Brentwood and Santa Monica. Generally speaking the larger the square footage of the home the less per square foot you pay. There are exceptions, however.

Aaron Mirsky - Sales Associate
Coldwell Banker Previews
11999 San Vicente Blvd Ste 100
Los Angeles, CA 90049
DRE # 01856545

310.820.6651 Office
310.442.1684 Direct
310.820.1457 Fax
http://www.aaronmirsky.com

Wed Sep 16 2009, 13:05
Newportfiji
Agent
Long Beach, CA

Are you asking how much a newly constructed home would cost or how much per square foot it would cost for you to construct? The answers are very different. Residential construction activity has slowed and some raw material prices have come down over the past year. Depending on type of flooring, fixtures, lighting, size , etc.. you could likely construct in LA County in the $300 to $500 a square foot range. Obviously, there might be zoning issues which would impact your plans.

NewportFiji

Thu Mar 20 2008, 13:29
Monique Carrabba...
Agent
Los Angeles, CA
FIRST ANSWER

Hello Simon,

I take it you are looking at Brentwood or are you looking at all of LA County in general.

For new construction Condos in Brentwood it is about 615 a square foot. and for homes it was 926 a square foot.

If you need it for another neighborhood in LA let me know. To lump all of LA in general would be inacurate as the prices vary greatly from one neighborhood to the next.

Best,

Monique Carrabba

Mon Mar 17 2008, 23:36

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