12870 Walsh Ave Los Angeles, CA 90066
Del Rey NeighborhoodEstimated payment $3,691/month
About This Lot
Development Opportunity. This newly created lot will be delivered fully entitled to build a 1600 sqft duplex in one of the most desirable areas in all of Los Angeles. Sandwiched between Marina Del Ray, Venice, Culver City and Playa Vista, this property is ideally located to create a cash flow investment, create equity for resale, or offset costs while occupying one unit and renting the other.
Unlike typical development transactions, this one offers the ability to work on plans for submission prior to close of escrow. This flexibility significantly reduces carrying costs and enhances overall profitability. Just steps from trendy cafes, vibrant nightlife, shopping, and more, this area has seen consistent appreciation and continues to command strong rental rates, making it an ideal location for both short- and long-term investment strategies.
Don't miss out on this exceptional opportunity to capitalize on one of LA’s most desirable areas!
Last Listed By
Altadena Real Estate Company Brokerage Phone: 323-868-6242 License #01435884 Listed on: 04/07/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,679
Year Built
- 1952
Lot Details
- 2,510 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAR1
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 15 / Q
- Tax Tract Number 2
- Assessor Parcel Number 4223013015
- $433 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,679 | $854,319 | $333,924 | $520,395 |
| 2023 | $10,479 | $837,569 | $327,377 | $510,192 |
| 2022 | $10,000 | $821,147 | $320,958 | $500,189 |
| 2021 | $9,859 | $805,047 | $314,665 | $490,382 |
| 2019 | $9,566 | $781,171 | $305,333 | $475,838 |
| 2018 | $9,475 | $765,855 | $299,347 | $466,508 |
| 2016 | $9,031 | $736,118 | $287,724 | $448,394 |
| 2015 | $8,901 | $725,062 | $283,403 | $441,659 |
| 2014 | $5,078 | $404,255 | $277,852 | $126,403 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | Price Changed | $499,000 | +84.8% | -- |
| 04/07/2025 04/07/25 | For Sale | $270,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Open | $703,346 | FHA | |
| Previous Owner | $50,000 | New Conventional | |
| Previous Owner | $206,700 | Credit Line Revolving | |
| Previous Owner | $300,000 | No Value Available | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF25075355
APN: 4223-013-015
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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