12870 Walsh Avenue, Los Angeles, CA 90066
- $499,000
Listing courtesy of Listing Agent: Steve Aranda (steve@360RealEstateGroup.com) from Listing Office: Altadena Real Estate Company.
- List Price
- $499,000
- Status
- PENDING
- Days on Market
- 12
- Price Change
- ▲ $229,000 1744089369
- MLS#
- PF25075355
- Subtype
- Land
- Lot Size
- 2,510
- Acres
- 0.06
- MLS Area Major
- Marina Del Rey (C12)
Property Description
Development Opportunity. This newly created lot will be delivered fully entitled to build a 1600 sqft duplex in one of the most desirable areas in all of Los Angeles. Sandwiched between Marina Del Ray, Venice, Culver City and Playa Vista, this property is ideally located to create a cash flow investment, create equity for resale, or offset costs while occupying one unit and renting the other. Unlike typical development transactions, this one offers the ability to work on plans for submission prior to close of escrow. This flexibility significantly reduces carrying costs and enhances overall profitability. Just steps from trendy cafes, vibrant nightlife, shopping, and more, this area has seen consistent appreciation and continues to command strong rental rates, making it an ideal location for both short- and long-term investment strategies. Don't miss out on this exceptional opportunity to capitalize on one of LA’s most desirable areas!
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Additional Information
- Zoning
- LAR1
- View
- None
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.