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Exceptional West Los Angeles development opportunity with RTI plans for three beautiful new residential units. Located at 12020 Ocean Park Blvd in a highly desirable West L.A. location, this property offers an excellent opportunity for developers, investors, or owner-users looking to build in one of Los Angeles’ sought-after Westside communities. RTI plans call for approximately 5,028 SF of new construction, featuring a duplex with two spacious 4-bedroom, 4-bathroom units, plus a 2-bedroom ADU, along with a 3-car garage. The existing residence is a tear-down, allowing the next owner to move forward with the approved development plans. The property is ideally situated near Santa Monica, Culver City, Mar Vista, Venice, and the Westside’s restaurants, shopping, parks, entertainment, and major transportation corridors. Enjoy convenient access to the beach, Westside amenities, and some of Los Angeles’ most desirable neighborhoods. RTI plans. Prime Westside location. Excellent development potential. Ready for the next owner to bring this exciting project to life. Buyer to independently verify all plans, permits, square footage, zoning, and development information with the appropriate City departments
Listing agent: Oscar Isidro Morales Limon DRE #01908712 limon_10@yahoo.com, Listing office: OPTION ONE REALTY & INVESTMENT
MLS data updated 10/16/2026, 6:21:00 PM PT
Source: CRMLS, MLS #: CV26206872
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 22, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,699,000Original asking price · Sep 22, 2026ZIP 90064 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.