Asking Price: $1,200,000

The value is in the dirt. 12440 Wagner Street sits on one of the largest lots in the tract at 5,600+ SF (BTV) — and in this neighborhood, that's a serious opportunity. Many neighbors have already done it: scraped the original structure and built stunning, large, and modern luxury homes. This lot's footprint allows for a large house plus a great backyard. The existing 3 bed, 2 bath home is situated in one of the most geographically desirable pockets on the entire Westside. Quick access to the 405 and 90, minutes to Venice Beach, Marina del Rey, Playa del Rey, and Santa Monica. LAX is a straight shot down Lincoln. You're also right in the heart of Silicon Beach — surrounded by the tech and creative economy campuses of Playa Vista and Culver City — with the Ballona Wetlands and Venice Boardwalk practically in your backyard. Del Rey is a quiet, community-oriented, and welcoming neighborhood, yet still priced below its neighbors — but not for long. Lots like this don't come twice. Buyer to verify buildable potential with their architect and the City of LA Planning Department. Due to the condition of the existing home, all-cash offers only.