12440 Wagner Street
Los Angeles, CA, 90066
$1,200,000
MLS: PV26127971
Beds
3
Baths
2
Sq Ft
1,026
Lot
0.13 ac
Year Built
1952
MLS #
PV26127971
Days on Market
0
Listed
Jun 12, 2026
Description
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.
Location
Los Angeles, Los Angeles County, CA 90066
Open on Google Maps ↗Listed by: Rodman Amiri · Merit Real Estate
Payment estimate
$8,841
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,841
- Property tax (1.25%)
- $1,250
- Homeowners insurance
- $300
- Mortgage insurance
- $450
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $42,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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