12461 Louise Ave Los Angeles, CA 90066

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!