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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!
Property Type(s):
Lot/Land/Acreage
| Last Updated | 4/7/2025 | Community | Marina Del Rey |
|---|---|---|---|
| County | Los Angeles |
Price History
| Prior to Apr 7, '25 | $270,000 |
|---|---|
| Apr 7, '25 - Today | $499,000 |
Additional Details
| AREA | Marina Del Rey |
|---|---|
| HOA DUES | 0 |
| LOT | 2510 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LAR1 |
Location
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Listed with Altadena Real Estate Company
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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