12420 Verdi Street, Los Angeles, California 90066, Los Angeles, 90066 - 2 bed, 1 bath

12420 Verdi Street, Los Angeles, California 90066 home-pic-0
ACTIVE$999,999
12420 Verdi Street, Los Angeles, California 90066
2Beds
1Bath
770Sqft
1,962Lot
Year Built
1920
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$1,299
HOA
-
Days on market
-
Sold On
-
MLS number
25539066
Home ConditionGood
Features
Deck
View

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 4 Cons,6 Pros. Rank: price - $1000.0K(2th), sqft - 770(3th), beds - 2(14th), baths - 1(17th).

12420 Verdi offers a rare opportunity to own a single family home in the heart of Del Rey. Imagine no shared walls, no HOA fees, and a private space for you - and your furry companions - to truly feel at home. With a coastal vibe, this cottage stands apart, offering privacy, flexibility, and long-term potential in one of the Westside's most sought-after neighborhoods. Zoned R3, it also invites the possibility to expand, reimagine, or develop - ideal for end users looking to create their dream home or investors seeking future upside. Set behind secure gates and framed by lush greenery, this charming home feels like a private oasis. Inside, vaulted ceilings and natural light create a warm, airy atmosphere in the living room, anchored by hardwood floors and a gas fireplace. A newly refinished deck extends the living space outdoors, perfect for morning coffee or relaxing under the trees. The primary bedroom offers a peaceful retreat with soft light and soaring ceilings, with convenient access to the updated bathroom. The second room, finished with Saltillo tile and opening to the backyard through French doors, offers versatility as a guest suite or home office. The refreshed kitchen features clean lines and new stainless steel appliances, with an adjacent dining nook ideal for everyday meals. Split AC units in the living room and primary bedroom ensure year-round comfort, while the spacious outdoor area invites gardening, entertaining, or simply unwinding in the California sun. With street-to-street access and dual points of entry, the property provides enhanced privacy, convenience, and flexibility for future use or expansion. Whether you're a first-time buyer, visionary builder, or investor seeking opportunity in a high-demand neighborhood, 12420 Verdi combines lifestyle, potential, and location - just moments from Marina del Rey, Venice, Culver City, and Silicon Beach.

Nearby schools

5/10
Braddock Drive Elementary School
Public,K-50.4mi
3/10
Stoner Avenue Elementary School
Public,K-50.6mi
6/10
Short Avenue Elementary School
Public,K-60.7mi
8/10
Playa Del Rey Elementary School
Public,K-50.8mi
6/10
Grand View Boulevard Elementary School
Public,K-50.9mi
7/10
Beethoven Street Elementary School
Public,K-51.6mi
9/10
Farragut Elementary School
Public,K-51.7mi
8/10
El Rincon Elementary School
Public,K-51.7mi
6/10
La Ballona Elementary School
Public,K-51.8mi
8/10
Coeur D'Alene Avenue Elementary School
Public,K-51.9mi
2/10
Marina Del Rey Middle School
Public,6-80.2mi
7/10
Culver City Middle School
Public,6-81.6mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,6-81.8mi
6/10
Venice Senior High School
Public,9-121.5mi
8/10
Culver City High School
Public,9-121.6mi

Price History

Date
Event
Price
08/21/25
Sold
$970,000
02/10/22
Sold
$849,000
03/22/05
Sold
$475,000
Condition Rating
Good

The property, built in 1920, has undergone significant recent updates, including a refreshed kitchen with new stainless steel appliances, an updated bathroom, newly refinished deck, and modern split AC units. The hardwood floors and vaulted ceilings are in good condition, contributing to a move-in ready state. While the kitchen features dated tile countertops, the overall condition and recent renovations prevent it from being classified as 'Fair' and position it firmly in the 'Good' category, requiring no immediate major renovations.
Pros & Cons

Pros

Great Schools: Elementary School: Farragut Elementary School (9/10).
Prime Westside Location: Situated in the highly desirable Del Rey neighborhood, offering proximity to Marina del Rey, Venice, Culver City, and Silicon Beach, enhancing lifestyle and investment appeal.
Significant Development Potential: The R3 zoning provides a rare opportunity for expansion, reimagining, or full development, appealing to both end-users seeking a custom home and investors looking for future upside.
Private Single-Family Living: Offers the coveted benefits of a detached home with no HOA fees, enhanced privacy through secure gates, lush greenery, and street-to-street access.
Recent Interior & Exterior Updates: Features a refreshed kitchen with new stainless steel appliances, an updated bathroom, newly refinished deck, and split AC units, providing modern comfort and appeal.
Charming Coastal Vibe & Flexible Spaces: The home boasts a charming coastal aesthetic with vaulted ceilings, natural light, hardwood floors, and a versatile second room suitable for a guest suite or home office.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-08-21. The sold price is $970,000.00.
Aggressive Pricing Strategy: The current list price of $999,999 is notably above the estimated property value ($850,507) and recent comparable sales in the area, potentially limiting buyer interest and requiring a price adjustment.
Compact Size: With 770 sqft of living space and a 1962 sqft lot, the property is relatively small for a single-family home, which might be a constraint for buyers seeking more expansive living areas or yard space, despite the R3 zoning.
Age of Structure: While updated, the 1920 construction date suggests potential for underlying maintenance issues common in older homes, which may require future investment beyond cosmetic improvements.

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