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!
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!
Property Details
Price:
$499,000
MLS #:
PF25075355
Status:
Active
Baths:
0
Address:
12870 Walsh Avenue 4223013015
Type:
Land
Neighborhood:
c12marinadelrey
City:
Los Angeles
Listed Date:
Apr 5, 2025
State:
CA
ZIP:
90066
Lot Size:
2,510 sqft / 0.06 acres (approx)
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Interior
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0-1 Unit/ Acre
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Water Source
Public
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0.00
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Community
- Address12870 Walsh Avenue 4223013015 Los Angeles CA
- AreaC12 – Marina Del Rey
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
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12870 Walsh Avenue 4223013015
Los Angeles, CA
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