Property listed by Premier Realty Associates, Derek Liu 858-277-6173
$2,349,000
Situated on a beautiful street in the heart of highly desirable Mar Vista, this exceptional property offers a rare opportunity for homeowners, investors, and developers alike. The existing residence features 2 beds and 2 baths across approximately 1,678 sqft on a generous 6,475 sqft lot, complete with a detached garage,… Read More additional rear rec room, expansive yard space, and excellent frontage on one of the neighborhood's most attractive streets.What truly sets this offering apart is the incredible future development potential. With RTI plans ready, you can start building right away! Included are plans for a stunning modern luxury compound totaling 4,621 square feet, consisting of a 3,469 sqft main residence paired with an attached 1,152 sqft ADU. Thoughtfully designed for maximum flexibility and functionality, the ADU features its own separate entrance and house #, making it ideal for multigenerational living, private guest quarters, in-laws, or substantial rental income potential.The proposed architectural design embraces sophisticated contemporary living with expansive open-concept interiors, soaring natural light, seamless indoor-outdoor flow, and approximately 1,000 square feet of additional outdoor living space including decks, balconies, and porches. The layout has been meticulously crafted to offer both openness and privacy, accommodating either one large family or two separate households with ease.Luxury amenities include multiple fireplaces, heated pool with waterfall feature, solar panels, electric vehicle charging, premium natural stone finishes, striking metal cladding, sumptuous en-suite bedrooms, and a serene Japanese garden-inspired landscape concept that creates a tranquil private retreat in the middle of the city. Every detail of the floor plan has been designed to maximize usability, comfort, entertaining, and modern California living.The project was designed by a highly regarded architect whose luxury developments have repeatedly achieved exceptional resale values across the Westside. The strength of the market is evident, with nearby record-breaking sales such as 11948 Modjeska Pl sold for $10m, highlighting the tremendous upside and demand for high-end modern products in the area. For developers and investors, this represents a compelling opportunity with strong projected resale potential, while end-users have the unique ability to create a dream estate tailored for luxury living in one of West LA's most sought-after neighborhoods. Read Less
Listing Snapshot
Days Online
7
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
2
Square Ft.
1,648
Lot Size
0.15 Acres
Year Built
1950
MLS Number
P1-27003
Additional Details
Building
Built in 1950, Living area: 1648.0, Living area units: SquareFeet, Levels: One
Community
Curbs
Cooling
None
Fireplaces
Bath
Garage
2 spaces
Interior Features
AllBedroomsDown
Lot
0.1486 acres, SprinklersNone
Parking
2 total parking spaces
Pool
None
Property
Mountains
Sewer
PublicSewer
Taxes
Parcel Number: 4248022005, Tract: 13371
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of 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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