1437 12th Avenue

Los Angeles , CA 90019

MLS#: 24437819

$4,500,000

Status: Active
Listing number: 24437819
Listing provided by: Dream Realty & Investments Inc
Listing agent phone: None
Last update: a month ago
On site: 10 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

0.1882 acres

Contiguous double lot opportunity for development with 110ft front footage. 1437 and 1439 12th Ave, MUST PURCHASE BOTH LOTS TOGETHER. Maximum building size is a whopping 64,800sf with density bonus! Potential to build giant luxury units on R-2 zoning. Each lot is 8,287sf totaling 16,513sf. Each lot is 2.25m totalling 4.5m.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.1882

  • Property Type

    Land

Price

  • Sales Price

    $4,500,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Elijah Shin , Dream Realty & Investments Inc

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Contiguous double lot opportunity for development with 110ft front footage. 1437 and 1439 12th Ave, MUST PURCHASE BOTH LOTS TOGETHER. Maximum building size is a whopping 64,800sf with density bonus! Potential to build giant luxury units on R-2 zoning. Each lot is 8,287sf totaling 16,513sf. Each lot is 2.25m totalling 4.5m.

1437 12th Avenue

Message successfully sent.

What would you like to know?

Related Properties

An Exceptional Development Opportunity right above the famous Sunset Strip ! Build 3 houses or create your dream estate across three prime parcels totaling over an acre, perched high in the Hollywood Hills. Privately nestled at the end of a quiet, gated cul-de-sac, this rare offering showcases sweeping, unobstructed views stretching from Downtown Los Angeles to the Pacific Ocean and Catalina Island. Surrounded by natural beauty and cinematic vistas, this secluded enclave offers a sense of escape while being just moments from the famed Sunset Strip and the heart of Beverly Hills. A truly world-class setting for a visionary estate.
#25559269

Los Angeles

3 Bode Drive

None Beds

None Baths

1.2876 acres

$3,900,000

MLS#: 25559269

2318-2322 Wellesley Avenue offers a rare double-lot development opportunity in the heart of West Los Angeles. Spanning 12,500 SF with 100 feet of frontage, the site is zoned R3(EC) under the Exposition Corridor Transit Neighborhood Plan and sits just 0.2 miles from the Expo/Bundy Metro Station, qualifying it for AB 2097's parking exemption and multiple density bonuses. Preliminary feasibility studies indicate potential for up to 66 units through the Mixed Income Incentive Program (MIIP), or up to 95 units via the Affordable Housing Incentive Program (AHIP), with a max FAR of 4.65:1 and buildable area nearing 39,092 SF. The site is currently improved with two tenant-occupied single-family homes generating $9,100/month and is not subject to rent control. Located between Santa Monica, Brentwood, Westwood, and Culver City, the site benefits from proximity to major employers like Riot Games, Sony Pictures, and Fox Studios, as well as large-scale developments including West Edge and Martin Expo Town Center. With a Walk Score of 88, no RSO restrictions, and no parking requirement, this is a high-impact infill site ideal for delivering new housing to one of LA's most constrained and in-demand rental markets.
#25561685

Los Angeles

2318 Wellesley Avenue

None Beds

None Baths

0.287 acres

$4,100,000

MLS#: 25561685

Multiple parcels 4006-007-007 and 4006-007-008 totaling to approximately 22,728 sqft of land. Amazing market rate project to be delivered RTI with a fantastic unit mix of one's two's and three's. All units are oversized to increase desirability from tenants and decrease turnover on units. Efficient design resulting in lower construction costs. High density area near public transportation. Existing structures will be delivered vacant. Contact LA for OM and Full Plans.
#25553573

Los Angeles

6313 Brynhurst Avenue

None Beds

None Baths

0.5218 acres

$3,975,000

MLS#: 25553573

Prime LAC2 Zoned Property in Los Angeles, A Premium Opportunity in an Unbeatable Location. Nestled in an amazing area, this LAC2-zoned property spans just under one acre (Assesor), offering an exceptional opportunity for development or business ventures. Its strategic location is a standout feature, ensuring accessibility and convenience for a wide range of uses. Positioned near two major Los Angeles freeways, this property offers unparalleled connectivity to key parts of the city. Whether for logistics, commuting, or attracting visitors, the ease of access to major transit arteries makes this location an ideal hub. Do your due diligence and do not miss out on this great opportunity.
#PW25091090

Los Angeles

11400 S Hoover Street

None Beds

None Baths

0.8129 acres

$4,000,000

MLS#: PW25091090

We are proud to present 11378 Ovada Place, a rare opportunity for developers to acquire a premier site in the heart of Bel-Air, offering multiple development pathways to maximize value. Situated on a tranquil, tree-lined cul-de-sac, this property provides a unique blend of exclusivity and convenience. Development Options: Small Lot Subdivision The proposed plan features an 8-unit small lot subdivision with a mix of five (2-bedroom) and three (3-bedroom) townhomes spanning four levels. Each residence includes:* Private garages with direct unit access* Expansive open-concept living areas with a guest powder room* Well-appointed third-floor sleeping quarters* Private rooftop decks with stunning views. The permit process is in progress, awaiting a housing letter before proceeding to hearings and final approvals, expected in the coming months. ED1 Low-Income Housing Development The site can alternatively support an approximate 90-unit ED1 project with a ministerial, streamlined approval process requiring no parking, offering a fast-track path to development.CHIP OC-3 Density Bonus Project Another option includes a mixed-income development under CHIP OC-3 guidelines, allowing for approximately 70% market-rate units while leveraging density incentives. Existing Income-Generating Property:The site currently features a 4-unit building, consisting of:Three (2-bedroom) units Two leased at $2,343 and $2,731 respectively, with one vacant.One (1-bedroom) unit Currently vacant. Please do not disturb or alert the tenants of the potential sale.This is a rare chance to develop in one of Los Angeles' most sought-after neighborhoods.
#25519291

Los Angeles

11378 Ovada Place

None Beds

None Baths

0.3003 acres

$5,295,000

MLS#: 25519291

We are pleased to present a rare 100% vacant land development opportunity located in the Westlake neighborhood of Los Angeles. Totaling 15,760 of LAR3 Tier 1 TOC zoned land, a new owner has the ability to capitalize on various exit strategies that include the following: 1) Letter of Determination from Planning and Housing Approval for a 65-unit, 100% affordable, 4-story, 41,272 SF building, 2) Potential to redesign the plans for a 140+ unit ED1 affordable housing development, or 3)Utilize SB684 for 10 small lot homes! This development site is strategically located in close proximity to the 101, 110 and 10 freeways providing easy access to downtown Los Angeles as well as neighboring submarkets such as Koreatown, MacArthur Park, East Hollywood, Silver Lake, Echo Park Chinatown and Pico Union. Contact the listing broker for additional information.
#25516145

Los Angeles

2227 Valley Street

None Beds

None Baths

0.3618 acres

$3,995,000

MLS#: 25516145

We are excited to present 4705-4709 Elmwood Ave (APNs: 5522-019-011 & 5522-019-010), a unique development opportunity in the highly desirable Greater Wilshire neighborhood of Los Angeles, California. This site presents significant upside potential through various development pathways, including maximizing density through ED1 affordable housing incentives or Small Lot Subdivision (SB 684) to build 10 homes.Zoned C2-1 with a lot area of 14,499 sq. ft., the site offers multiple development options under current zoning and recent legislative incentives: ED1 (100% Affordable Housing) / Small Lot Subdivision (SB 684) / AB 1287 Density Bonus (Mixed-Income) / By-Right Development. The property is strategically located in the highly desirable Wilshire Community Plan Area within the Greater Wilshire neighborhood, a vibrant and centrally located pocket of Los Angeles. The area is characterized by a mix of commercial corridors and charming residential neighborhoods, offering strong demand for both market rate and affordable housing. Minutes from Koreatown, Larchmont Village, and Hancock Park, three of LA's most sought-after residential and commercial districts. Excellent access to public transit via nearby Metro lines and key bus routes, with strong connectivity to major employment centers in Downtown LA, Hollywood, and the Miracle Mile. Located near major thoroughfares, including Western Ave, Beverly Blvd, and Melrose Ave, facilitating ease of commute and accessibility.
#25514903

Los Angeles

4705 - 4709 Elmwood Avenue

None Beds

None Baths

0.3329 acres

$3,650,000

MLS#: 25514903

An incredible and rare opportunity to create your dream home in the heart of the Hollywood Hills. This rare, nearly 1-acre promontory lot in prestigious Outpost Estates is shovel-ready with RTI (Ready to Issue) permits for a stunning 9,300 sq. ft. gated contemporary estate. This property has a large, flat lot with incredible views from Downtown Los Angeles to the ocean, offering endless possibilities. Designed with privacy and luxury in mind, this estate showcases organic finishes and features a secure gated entrance, a long private driveway, and a spacious 3-car garage. A stylish ADU offers comfortable accommodations for guests or staff, while the expansive backyard highlights a stunning pool with breathtaking city light views. Whether you're an end-user looking to build your forever home or a developer seeking a high-end project, this property delivers unparalleled potential in one of Los Angeles' most sought-after locations.Conceptual schematics and renderings are available to help bring this vision to life.
#25503581

Los Angeles

7200 La Presa Drive

None Beds

None Baths

0.97 acres

$4,495,000

MLS#: 25503581

We are pleased to present an affordable housing development opportunity at 7417-7421 S Broadway, located south of W Florence Ave just off the 110 Freeway. The 12,506 SF lot will be delivered fully entitled for 134 income-restricted housing units and 1 manager unit with no parking required. The project's central location and proximity to major employment hubs are for prime for a high velocity workforce housing lease up strategy, allowing a mission driven developer the opportunity to support the missing middle segment given the project's discount to surrounding market rents. Plans call for an efficient seven story mid-rise project, utilizing Type III over Type I construction for a fully stacked design aimed at reducing construction costs. The existing retail structure will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances projects. The finished project totals 59,814SF and has a desirable unit mix of 25 singles and 110 one-bedrooms. The project also offers 13,500 SF of open space for recreation or supportive services. The lot is offered at a low $28,889 per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. In addition, the workforce housing potential and significant discount to surrounding market rents open avenues of potential construction financing without the need for prevailing wages, through CDFIs or mission driven lenders (contact agent for details).The project is located just off the 110 Freeway and provides convenient access to most major neighborhoods throughout Los Angeles. The property is walking distance to many Metro local lines along S Broadway. Located in a densely populated, infill submarket of Los Angeles, easy access to employment hubs such as Huntington Park, Vernon, Southgate, Inglewood, and the South Bay.
#25505961

Los Angeles

7417 S Broadway

None Beds

None Baths

0.287 acres

$3,900,000

MLS#: 25505961

BEST READY-TO-ISSUE (RTI) DEVELOPMENT OPPORTUNITY IN BRENTWOOD! DTLA, CENTURY CITY & OCEAN VIEWS! START BUILDING IMMEDIATELY AFTER CLOSING! Welcome to "The Brentwood Observatory", an exceptional development opportunity of a roughly 8500 sq ft organic modern masterpiece on a extremely privatized promontory lot on Brentwoods most desirable street with unobstructed jetliner views of DTLA, Century City, the Getty, the ocean, and mountains. Conveniently skip years of navigating the bureaucracies and complexity of LADBS and design review boards and move forward with the development of this epic estate that will be delivered with ready-to-issue (RTI) plans for the Buyer. With no surrounding neighbors to the property other than across the street given that the property is adjacent to city owned reservation land, this property contains unparalleled privacy. With several comps on Tigertail selling around $2000-$3000 price per square foot, this development opportunity has a potential valuation of NEARLY $20,000,000 once completed! Within close proximity to all the best restaurants, shopping, hiking trails, and schools that Brentwood has to offer. Truly a jaw dropping development opportunity that will be delivered Ready to Issue with millions in potential upside. For owner users or investors, the listing agent(s) development company Thornton Development Group can develop the home, consult for pricing.
#25481421

Los Angeles

1510 N Tigertail Road

None Beds

None Baths

0.5207 acres

$3,795,000

MLS#: 25481421

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here