1437 12th Ave, Los Angeles, CA 90019 - View 1
1437 12th Ave, Los Angeles, CA 90019 - View 2
1437 12th Ave, Los Angeles, CA 90019 - View 3
1437 12th Ave, Los Angeles, CA 90019 - View 4
1437 12th Ave, Los Angeles, CA 90019 - View 5

1437 12th Ave, Los Angeles, CA 90019

List Price: $4,500,000On Market FlagOn market
Sep 9, 20241,934 sqft3 beds1 baths
Listed by: Elijah Shin
License #: 01358906
Phone #: 213-380-8949
Dream Realty & Investments Inc
Source:
CRMLS Logo
MLS #: 24437819

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$36,072

TurboHome Estimated Value

$1,047,600

$542 sqft

High Valuation
$1,099,980
$569/sqft
Normal Valuation
$1,047,600
$542/sqft
Low Valuation
$995,220
$515/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$542/sqft$1,047,600

Neighborhood: Mid City

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Comparative Value

$855K

$1.34M

$4.50M

1631 S Norton Ave, Los Angeles, CA 90019

Sale Price: $855,000

Selected Comparable

2223 9th Ave, Los Angeles, CA 90018

Sale Price: $860,000

Selected Comparable

2301 9th Ave, Los Angeles, CA 90018

Sale Price: $875,000

Selected Comparable

1543 6th Ave, Los Angeles, CA 90019

Sale Price: $935,000

Selected Comparable

2200 4th Ave, Los Angeles, CA 90018

Sale Price: $1,340,000

Selected Comparable

1437 12th Ave, Los Angeles, CA 90019

List Price: $4,500,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1437 12th Ave, Los Angeles, CA 90019

1437 12th Ave, Los Angeles, CA 90019

List: $4,500,000

Listed: 9/9/2024

Area:1,934 sqft
Price/sqft:$2,327
Beds:3
Baths:1
Year Built:
Lot Size:8,195

Comparable Properties

COMPARABLE
Choose comps
1543 6th Ave, Los Angeles, CA 90019

1543 6th Ave, Los Angeles, CA 90019

Sale: $935,000

12/3/20240.14 mi

Area:2,031 sqft
Price/sqft:$460
Beds:3
Baths:2
Year Built:
Weight:20.9%
2301 9th Ave, Los Angeles, CA 90018

2301 9th Ave, Los Angeles, CA 90018

Sale: $875,000

7/18/20250.67 mi

Area:2,168 sqft
Price/sqft:$404
Beds:3
Baths:2
Year Built:
Weight:20.8%
1631 S Norton Ave, Los Angeles, CA 90019

1631 S Norton Ave, Los Angeles, CA 90019

Sale: $855,000

4/4/20250.18 mi

Area:1,598 sqft
Price/sqft:$535
Beds:3
Baths:2
Year Built:
Weight:19.6%
2200 4th Ave, Los Angeles, CA 90018

2200 4th Ave, Los Angeles, CA 90018

Sale: $1,340,000

5/12/20250.66 mi

Area:2,218 sqft
Price/sqft:$604
Beds:3
Baths:2
Year Built:
Weight:19.5%
2223 9th Ave, Los Angeles, CA 90018

2223 9th Ave, Los Angeles, CA 90018

Sale: $860,000

7/15/20250.64 mi

Area:1,508 sqft
Price/sqft:$570
Beds:3
Baths:2
Year Built:
Weight:19.1%

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