$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, 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.
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Listed by Derek Liu with Premier Realty Associates (858) 277-6173
Property Type
Single Family Residence
Status
Active
MLS Number
P1-27003
Year Built
1950
Lot Size
6,473 sq ft