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12124 Pacific Avenue

Los Angeles (City), CA 90066
  • $11,495,000
  • STATUS: Active
  • ON SITE: 55 Days
  • ID#: 23321909
Price Reduced
UPDATED: 45 min ago
$11,495,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
C13 - Palms - Mar Vista
Type:
Vacant Land / Lots
County:
Los Angeles
Area:
C13 - Palms - Mar Vista

School Ratings & Info

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Listing Agent(s): Gary Fox of Miller & Desatnik Realty Co. (310-202-9166) and Michael Wozniak of Miller & Desatnik Realty Co.(310-202-9166)


Description

MAJOR PRICE REDUCTION!!! This phenomenal multifamily development site is located in the heart of the highly coveted neighborhood of Mar Vista. The property is being sold with plans and is only a few months away from being RTI. This extraordinarily rare opportunity to purchase an oversized, vacant 30,001 sq. ft. R3 Lot in a prime West Los Angeles location allows a developer to build 92 Units with plans in place to construct a 97,964 sq. ft. building with an excellent unit mix consisting of: 1 Three Bedrooms + Three Baths, 1 Three Bedrooms + Two Baths, 32 Two Bedrooms + Two Baths, 7 Lofts with One Bedroom + Office + Two Baths, 34 One Bedroom + Office + One Bath, 17 - One Bedroom + One Bath. The 92 total units in the building include 18 ADUs as well as 11 Very Low Income Units. OM is available upon request.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T23:25:45.39. 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 deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
www.mckeeregroup.com/homes/144430939
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12124 Pacific Avenue Los Angeles (City), CA 90066

  • Price: $11,495,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 45 min ago
  • ID#: 23321909
0
Beds
0
Baths
0
½ Baths
0.69
Acres
Neighborhood:
C13 - Palms - Mar Vista
County:
Los Angeles
Area:
C13 - Palms - Mar Vista
Property Description
MAJOR PRICE REDUCTION!!! This phenomenal multifamily development site is located in the heart of the highly coveted neighborhood of Mar Vista. The property is being sold with plans and is only a few months away from being RTI. This extraordinarily rare opportunity to purchase an oversized, vacant 30,001 sq. ft. R3 Lot in a prime West Los Angeles location allows a developer to build 92 Units with plans in place to construct a 97,964 sq. ft. building with an excellent unit mix consisting of: 1 Three Bedrooms + Three Baths, 1 Three Bedrooms + Two Baths, 32 Two Bedrooms + Two Baths, 7 Lofts with One Bedroom + Office + Two Baths, 34 One Bedroom + Office + One Bath, 17 - One Bedroom + One Bath. The 92 total units in the building include 18 ADUs as well as 11 Very Low Income Units. OM is available upon request.
Exterior Features

Parking Total 0 View None View YN No

Property Features

Association YN No Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning R3-1



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T23:25:45.39. 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 deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
 
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Nest Real Estate
6891 Brockton Ave.
Riverside CA, 92506
Listing Agent(s): Gary Fox of Miller & Desatnik Realty Co. (310-202-9166) and Michael Wozniak of Miller & Desatnik Realty Co.(310-202-9166)