Entitled Lot in Prime
For Sale
$499,000
Pending
12870 Walsh Ave, Los Angeles, CA 90066
Development opportunity: entitled lot for duplex in desirable Los Angeles area.
Property SizeContact for details
Lot Size0.06 Acres
Days on Market255
Property Features for 12870 Walsh Ave
General Information
Standard status
Pending
Lot size
0.06 Acres
Property subtype
Land
Listing Agency:
Listed By:
Steve Aranda
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Steve Aranda
Investment Insights
Based on property information with market context.
This newly created lot presents a development opportunity in a desirable Los Angeles location, situated between Marina Del Ray, Venice, Culver City, and Playa Vista. The property is fully entitled to build a 1600 sqft duplex, suitable for cash flow investment, equity creation through resale, or owner-occupancy with rental income. A key advantage is the ability to work on plans for submission before escrow closes, reducing carrying costs and improving profitability. The location is near cafes, nightlife, and shopping, with consistent appreciation and strong rental rates, making it suitable for short- and long-term investment strategies.
Key Highlights
- Fully entitled lot ready for duplex construction in a highly desirable Los Angeles location.
- Prime location near Marina Del Ray, Venice, Culver City, and Playa Vista.
- Opportunity to submit building plans before close of escrow, reducing carrying costs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,294
Businesses Nearby
Explore this area
Business Placement
Demographics for 90066, CA
55,304
Population
26,591
Households
2.1
Avg Household Size
38
Median Age
61%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
11,522
Density / Sq Mi
$107,786
Median Household Income
$67,298
Median Earnings
$2,211
Median Rent
$1,636,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Development opportunity: entitled lot for duplex in desirable Los Angeles area.
Where is this land located?
The property is located at 12870 Walsh Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Fully entitled lot ready for duplex construction in a highly desirable Los Angeles location.; Prime location near Marina Del Ray, Venice, Culver City, and Playa Vista.; Opportunity to submit building plans before close of escrow, reducing carrying costs.
