$3,000,000
$3,248,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
0.46 Acres Lot
SOLD DATE : 02/22/2024
Key Details
Sold Price $3,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23320535
Sold Date 02/22/24
HOA Y/N No
Lot Size 0.459 Acres
Property Description
Developers! Take advantage of this rare opportunity to purchase a 19,987 sq.ft. (.46 AC) lot in a prime Mar Vista location. The R1V2 zoned lot presents significant upside potential and various avenues for development with the potential to build up to 8,995 sq.ft. of livable space plus an 800 sq.ft. ADU, for a total of 9,795 sq.ft (RFA). Development options include subdividing through the Traditional Subdivision Map, by applying for SB9 (2-Unit Development or Urban Lot Split), or even building a uniquely secluded luxury residence with unobstructed city views. Tucked away from the street with frontage on both Palms Blvd and Lawler St, the designated through lot offers minimal setback requirements. Ideally situated just a 10-minute drive to the beach and with moments-away access to premier amenities including Mar Vista Elementary, the Mar Vista Farmers Market, Penmar Golf Course, Whole Foods, and more, this rare development offering provides a one-of-a-kind opportunity not to be overlooked. Contact us today for details.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning R1V2
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights
Building
Lot Description No Landscaping, Value In Land, Yard, Flat
Sewer Other
Water Public
New Construction No
Others
Senior Community No
Tax ID 4248021037
Special Listing Condition Standard
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Bought with Ashkan Etemad-Sadati • Re/Max Luxe