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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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 499,000
Est. payment | /mo

2,509 Sqft Lot

Save
$ 499,000
Est. payment | /mo
Save

2,509 Sqft Lot

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

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

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.