12461 Louise Ave Los Angeles CA MLS #23-332665

12461 Louise Ave
Los Angeles, CA,
$2,250,000
Beds
0 Baths
SqFt
0.28 Acres
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Over $1,000,000 PRICE REDUCTION! Now $186 PSF. We are proud to exclusively present for sale an oversized lot in prime Del Rey, just outside of Marina del Rey! Less than 3 miles from the beach, this property is sandwiched between Culver City, Santa Monica, Venice, Playa Vista and a massive jobs-center for high-earners! Featuring 12,118 SF of QR3-1 land, the lot is 50 feet wide and 212 feet deep on one end and 271 feet deep on the other end, backing up to a 20 foot alley. The Q Condition limits housing to 12 units, but utilizing Density Bonuses, push that density up to 17+/- Units with the possibility of adding ADUs! The property used to house a 4plex, which has been demolished. Abutting R1 Zoning, any design will need to step down as it approaches the R1 Zoning. Just off Centinela Ave. and less than 2 blocks to Washington Blvd., this property is a short distance to all that a future tenant or owner may want: Shopping, Dining, Nightlife it is all within reach!

Property Details

Price:
$2,250,000
MLS #:
23-332665
Status:
Sold ((Feb 16, 2024))
Baths:
0
Address:
12461 Louise Ave
Type:
Land
Neighborhood:
marinadelrey
City:
Los Angeles
Listed Date:
Nov 16, 2023
State:
CA
Lot Size:
12,119 sqft / 0.28 acres (approx)
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