12870 Walsh AVE, Los Angeles, CA 90066
12870 Walsh AVE, Los Angeles, CA 90066
12870 Walsh AVE, Los Angeles, CA 90066
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$499,000
Est. payment /mo
2,509 Sqft Lot
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Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PF25075355

HOA Y/N No

Lot Size 2,509 Sqft

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!

Location

State CA

County Los Angeles

Area C12 - Marina Del Rey

Zoning LAR1

Interior

Fireplace No

Exterior

Community Features Sidewalks

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 4223013015

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Steve Aranda Altadena Real Estate Company 323-868-6242, DRE #01435884

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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12870 Walsh AVE

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