Rare Fully RTI Luxury Development Opportunity in Playa del Rey! Rare opportunity to build a 6,400 SF modern luxury estate in the prestigious Playa del Rey. This multi-level home, already entitled and RTI with Coastal Commission approval, features an elevator, 5 bedrooms, 6 bathrooms, and an open-concept design tailored for sophisticated coastal living. The property is primed for development with excavation, sheathing, and shoring 95% complete. Plans include a spacious 3-car garage and breathtaking panoramic views of the city and ocean. Set in Playa del Rey, one of Los Angeles' most serene coastal neighborhoods, this location offers a rare combination of natural beauty and modern convenience. Renowned for its uncrowded beaches, scenic wetlands, and small-town charm, the area provides easy access to major freeways, LAX, and nearby destinations like Venice and Santa Monica. Residents enjoy outdoor activities along the Marvin Braude Bike Trail, a vibrant yet tranquil dining and nightlife scene, and proximity to quality schools and parks. This offering is ideal for those seeking unparalleled coastal elegance in one of LA's most coveted enclaves.

Listing courtesy of Shawn S. Kormondy of Keller Williams Beverly Hills

Based on information from the The MLS as of 2025-01-11 07:50 AM UTC. 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.