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$2,995,000

Est. payment - /mo

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5 Beds

3 Baths

2,500 SqFt

Coming Soon

12330 Stanwood Los Angeles, CA 90066

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Mark Witte

mark@thewitteteam.com +1(949) 269-7270

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $1,198

MLS Listing ID PW26188775

Bedrooms 5

Full Baths 3

Construction Status Fixer

HOA Y/N No

Year Built 1947

Lot Size 8,041 Sqft

Lot Dimensions Assessor

Property Sub-Type Single Family Residence

Property Description

COMING SOON!!! THIS HIGHLY COVETED AND FABULOUSLY VERSATILE R3-ZONED PROPERTY IN PRIME MAR VISTA NEIGHBORHOOD presents Exceptional Development Opportunity and Potential for Strong Long-Term Investment Returns! Premium R3 Zoning allows you to bypass lengthy zoning variances to break ground quickly on a modern 10-unit apartment building to capture the Westside's booming high-rent, low-vacancy rental and resale markets! Or, convert to Luxury Multi-Story Townhomes up to 45' height, providing maximum buildable square footage. Ideal for efficient structural layouts and optimized subterranean parking configurations. 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! Enjoy Ocean Views from Every Level of the existing Single Family Residence currently configured as 7 bedrooms with 3 full baths! Add a Rooftop Deck with Firepit for a Panoramic Sanctuary! Add 2 more ADUs in addition to the existing garage ADU conversion for extra Cash Flow! Want more options? 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, unlock height extensions, and eliminate strict parking minimums. Close to Santa Monica College and centrally located between Marina Del Rey, Culver City, Westwood and Santa Monica. 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. (Professional Photos coming in Active Status)

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning R3

Rooms

Other Rooms Guest House Detached

Main Level Bedrooms 3

Interior

Interior Features Balcony, Cathedral Ceiling(s), Separate/Formal Dining Room, Bedroom on Main Level, Walk-In Closet(s)

Heating Central

Cooling None

Flooring Carpet, Tile, Wood

Fireplaces Type Gas Starter, Living Room

Fireplace Yes

Appliance Disposal, Gas Oven, Gas Water Heater, Refrigerator

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen

Exterior

Parking Features Driveway, Driveway Up Slope From Street, Garage Faces Front

Garage Spaces 2.0

Garage Description 2.0

Fence None

Pool None

Community Features Curbs, Dog Park, Street Lights, Suburban, Sidewalks, Park

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Ocean

Roof Type Composition,Spanish Tile

Accessibility Accessible Doors

Porch Open, Patio

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Corner Lot, Sloped Down, Front Yard, Lawn, Landscaped, Near Park, Paved, Sprinkler System, Sloped Up, Yard

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Mediterranean

Level or Stories Two

Additional Building Guest House Detached

New Construction No

Construction Status Fixer

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 4248015007

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Tammy Cavanagh-Cowart Keller Williams Luxury Intl 562-225-5852, DRE #01338503

NEARBY SCHOOL & BUSINESS

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Mark Witte

Agent License ID: 02102425

+1(949) 269-7270