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135

Hot

Los Angeles, Los Angeles County, CA

Investment candidate — NOD + 5d on market + $188K upside

Single Family Active Heavy Fixer

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Asking Price

$1,200,000

→

ARV

$1,388,323

188K upside

→

Margin

+14%

to ARV

ARV Context

Estimated ARV

$1,388,323

Source

PropScoutr AI

ARV cushion

+14%

Upside

$188K

Last refreshed

Jun 17, 2026

ARV is an estimate from the PropScoutr AI comp model and should be reviewed with a licensed buyer’s broker before making an offer.

Why this scored

Notice Of Default HIGH urgency

Seller may be under time pressure to avoid foreclosure.

Verify: Foreclosure timeline, title, payoff amount, and ability to close before the sale date.

Trust MEDIUM urgency

Trust-owned — successor trustees typically want straightforward sales.

Verify: Trustee authority and that the trust agreement permits sale.

foreclosure LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

cash LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

court LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

Death LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

trustee LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

condition LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

opportunity LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

potential LOW urgency

Elevated seller-motivation signal detected by the scoring pipeline.

Verify: Discuss with the broker before submitting an offer.

Risks to verify

High motivation does not mean low risk. Confirm each item below before submitting an offer.

Condition: heavy rehab scope

Heavy Fixer — budget for rehab before submitting an offer.

Title and liens

Standard due diligence — pull preliminary title before submitting an offer.

Permit history

Not verified — check city records for unpermitted additions, conversions, or pool/ADU work.

Property Details

Beds / Baths

3 bd / 2 ba

Sq Ft

1,026

Lot Size

5,625 sf

Year Built

1952

Days on Market

5

Price / SF

$1170

Condition

Heavy Fixer

Listed

Jun 12, 2026

Status

Active

About this listing

From the listing agent · personal contact info removed

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.

Property

Approximate location — exact address unlocked with buy box

Get broker review on this deal

Tony Diaz · Licensed CA Buyer’s Broker · CalDRE #01179174

Tony Diaz

Tony Diaz

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