Nanocrystalline LaFeO3, LaFe0.9Mn0.1O3, and LaMnO3 perovskites have been synthesized by a novel solution combustion route, in which oxalyl dihydrazide (ODH) has been used as a fuel. These materials have been characterized using several physicochemical techniques. LaFeO3 and LaFe0.9Mn0.1O3 adopt an orthorhombic structure and LaMnO3 crystallizes in a rhombohedral structure as demonstrated by X-ray diffraction (XRD) patterns. The microporous character of the materials due to huge gas evolution during preparation has been revealed by field emission scanning electron microscopy (FESEM) images. Corresponding elements are present in stoichiometric amounts in all perovskites as revealed by energy dispersive X-ray spectroscopy (EDXS) analyses. X-ray photoelectron spectroscopy (XPS) studies demonstrate the presence of La3+, Fe2+, Fe3+, Mn3+, and Mn4+ species in the respective materials. Absorption bands in the frequency range of 500-600 cm-1 related to Fe-O/Mn-O bonds in FeO6/MnO6 octahedra are observed in Fourier transform infrared (FTIR) spectra. Raman spectroscopy depicts symmetric modes related to metal-oxygen bonds in orthorhombic and rhombohedral structures. Weak ferromagnetism has been observed in LaFeO3 and LaFe0.9Mn0.1O3 which is due to superexchange interaction between the magnetic cations. However, LaMnO3 shows paramagnetic behavior. The electrical characteristics exhibit the lowest dielectric loss for magnetic LaFeO3 among the LaFeO3, LaFe0.9Mn0.1O3, and LaMnO3 perovskites studied here.