12870 Walsh Avenue, Los Angeles, CA 90066

$499,000

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List Agent Steve Aranda () Altadena Real Estate Company; CoList ()

List Price
$499,000
Price Change
▲ $229,000 1744089369
Status
PENDING
MLS#
PF25075355
Lot Size
2,510
Lot Location
0-1 Unit/Acre
Days on Market
5
Property Type
Land

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!

Additional Information

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None
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.