12330 Stanwood, Los Angeles, CA 90066
- $2,995,000
- 5
- BD
- 3
- BA
- 2,500
- SqFt
- List Price
- $2,995,000
- Status
- COMING SOON
- 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
- 8
- Property Type
- Single Family Residential
- Style
- Mediterranean
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
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)
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.