12926 Bonaparte Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 3 bed, 2 bath
ACTIVE$1,400,000
12926 Bonaparte Avenue, Los Angeles, California 90066
3Beds
2Baths
1,228Sqft
5,628Lot
Price Vs. Estimate
The estimated value ($1,370,957.66) is $29,042.34 (2%) lower than the list price ($1,400,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime West LA Location: Situated in the highly desirable Del Rey neighborhood, offering excellent access to beaches, major employment hubs (Sony, Amazon Studios), LAX, vibrant local markets, and a wide array of shopping and dining options.
Top Cons:
Teardown Condition: The existing 1947-built structure is explicitly a teardown, meaning the buyer is primarily acquiring land and plans, necessitating complete demolition and new construction costs.
Compared to the nearby listings
Price:$1.40M vs avg $2.20M ($-800,000)16%
Size:1,228 sqft vs avg 1,850 sqft18%
Price/sqft:$1.1K vs avg $1.2K44%
More Insights
Built in 1947 (78 years old).
Condition: The MLS description explicitly states this is a 'prime teardown property' and highlights 'nearly completed RTI plans for a 3,000 sq ft, 5-bedroom, 5.5-bathroom luxury modern residence.' The property was built in 1947, making it over 75 years old. The provided image is a rendering of the *proposed* new construction, not the existing structure. Therefore, the current property is intended for demolition, aligning with the 'tear-down' criteria where the value is based solely on the land and its potential for redevelopment.
Year Built
1947
Close
-
List price
$1.4M
Original List price
$1.43M
Price/Sqft
$1,140
HOA
-
Days on market
-
Sold On
-
MLS number
25584235
Home ConditionTear down
Features
Good View:
View
About this home
An exceptional opportunity awaits builders, developers, and end-users! Set on a generous 5,600 sq ft lot in the heart of Del Rey, this prime teardown property offers the perfect canvas to create your dream home. With nearly completed RTI plans for a 3,000 sq ft, 5-bedroom, 5.5-bathroom luxury modern residence with a 2-car attached garage, no detail has been left untouched! Ideally located near Del Rey Park, top-rated schools, and the vibrant Mar Vista and Culver City Farmers Markets. This property provides quick access to the beach, Sony and Amazon Studios, LAX, shopping centers, restaurants, and more. This is a rare chance to bring vision to life in one of West LA's coveted neighborhoods!
Nearby schools
6/10
Short Avenue Elementary School
Public,•K-6•0.3mi
5/10
Braddock Drive Elementary School
Public,•K-5•1.0mi
6/10
Grand View Boulevard Elementary School
Public,•K-5•1.1mi
3/10
Stoner Avenue Elementary School
Public,•K-5•1.2mi
8/10
Playa Del Rey Elementary School
Public,•K-5•1.2mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•1.4mi
7/10
Beethoven Street Elementary School
Public,•K-5•1.4mi
6/10
La Ballona Elementary School
Public,•K-5•2.2mi
9/10
Farragut Elementary School
Public,•K-5•2.3mi
8/10
El Rincon Elementary School
Public,•K-5•2.4mi
2/10
Marina Del Rey Middle School
Public,•6-8•0.5mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,•6-8•1.4mi
7/10
Culver City Middle School
Public,•6-8•2.2mi
6/10
Venice Senior High School
Public,•9-12•1.2mi
8/10
Culver City High School
Public,•9-12•2.2mi
Price History
Date
Event
Price
06/13/25
Sold
$1,300,000
Condition Rating
Tear down
The MLS description explicitly states this is a 'prime teardown property' and highlights 'nearly completed RTI plans for a 3,000 sq ft, 5-bedroom, 5.5-bathroom luxury modern residence.' The property was built in 1947, making it over 75 years old. The provided image is a rendering of the *proposed* new construction, not the existing structure. Therefore, the current property is intended for demolition, aligning with the 'tear-down' criteria where the value is based solely on the land and its potential for redevelopment.
Pros & Cons
Pros
Prime West LA Location: Situated in the highly desirable Del Rey neighborhood, offering excellent access to beaches, major employment hubs (Sony, Amazon Studios), LAX, vibrant local markets, and a wide array of shopping and dining options.
Significant Development Potential: Marketed as a 'prime teardown property' on a generous 5,628 sq ft lot, providing an ideal canvas for builders, developers, or end-users to construct a custom luxury residence.
Advanced Planning & Permitting: Includes nearly completed RTI (Ready-To-Issue) plans for a substantial 3,000 sq ft, 5-bedroom, 5.5-bathroom luxury modern home with a 2-car attached garage, significantly de-risking and accelerating the development process.
Access to Quality Schools: Located near several public schools, including highly-rated options such as Farragut Elementary (9) and Culver City High (8), enhancing its appeal to families.
Investment Opportunity: Presents a rare chance to create substantial value by building a new luxury home in one of West LA's coveted and appreciating neighborhoods.
Cons
Teardown Condition: The existing 1947-built structure is explicitly a teardown, meaning the buyer is primarily acquiring land and plans, necessitating complete demolition and new construction costs.
High Capital Requirement: The $1.4M list price, combined with the substantial financial investment required for new luxury construction, demands significant capital, potentially narrowing the buyer pool.
Construction Timeline & Risks: Despite RTI plans, the buyer will still face the considerable time, effort, and inherent risks associated with managing a large-scale construction project, including potential delays and budget overruns.