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Century 21 Realty Masters
12330 Stanwood, Los Angeles, CA 90066
- $2,995,000
- 5
- BD
- 3
- BA
- 2,500
- SqFt
- List Price
- $2,995,000
- Status
- ACTIVE
- MLS#
- PW26188775
- Year Built
- 1947
- Bedrooms
- 5
- Bathrooms
- 3
- Living Sq. Ft
- 2,500
- Lot Size
- 8,040
- Acres
- 0.18
- Lot Location
- Back Yard, Corner Lot, Sloped Down, Front Yard, Lawn, Landscaped, Near Park, Paved, Sprinkler System, Sloped Up, Yard
- Days on Market
- 14
- Property Type
- Single Family Residential
- Style
- Mediterranean
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property Description
DEVELOPMENT OPPORTUNITY FOR SALE! CORNER LOT/R3-ZONED/TOC AND ED1 ELIGIBLE/BREEZY OCEAN VIEWS/OWNER-OCCUPIED PROPERTY IN PRIME MAR VISTA HILL NEIGHBORHOOD! Whether you Build to Rent, Build to Sell, or Remodel to Dwell as your Primary Residence, your investment in this prime corner lot screams Success! Potential for Strong Long-Term Investment Returns. Capitalize on current LA city directives to fast-track approval to build a 100% Affordable Housing PLUS leverage the Transit Oriented Communities (TOC) incentives to significantly increase your unit count from 10 to 17, unlock height extensions, and eliminate strict parking minimums. Premium R3 Zoning allowing you to bypass lengthy zoning variances to build multi-unit apartment complex and Capture the Westside’s booming high-rent, low-vacancy rental and resale market. Or subdivide and build Luxury Multi-Story Townhomes with Ocean Views, providing maximum buildable square footage. Or remodel the existing residence and Enjoy Ocean Views from Every Level currently configured as 7 bedrooms with 3 full baths! Add a Rooftop Deck with Firepit and Jacuzzi for a Panoramic Sanctuary! Add 2 more ADUs in addition to the existing garage ADU conversion for extra Cash Flow! Walking distance to Santa Monica College and centrally located between Santa Monica, Venice, Marina Del Rey, Culver City, Westwood, Brentwood, Beverly Hills, and Century City. Enjoy trendy shops, restaurants and nightlife along Venice Blvd. and the ever-popular Sunday Farmers Market at the bottom of Grand View Blvd! PLEASE BE COURTEOUS AND DO NOT DISTURB OCCUPANTS.
Additional Information
- Other Buildings
- Guest House Detached
- Appliances
- Disposal, Gas Oven, Gas Water Heater, Refrigerator
- Pool Description
- None
- Fireplace Description
- Gas Starter, Living Room
- Heat
- Central
- Cooling Description
- None
- View
- Ocean
- Exterior Construction
- Drywall, Stucco
- Patio
- Open, Patio
- Roof
- Composition, Spanish Tile
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Los Angeles Unified
- Interior Features
- Balcony, Cathedral Ceiling(s), Separate/Formal Dining Room, Bedroom on Main Level, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Tammy Cavanagh-Cowart (CALLTLC@LIVE.COM) from Listing Office: Keller Williams Luxury Intl.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.