12017 Herbert Street
Los Angeles, CA 90066
- 3 beds
- 2 baths
- 1,315 sqft
- 5,000 sqft lot
- $950 per sqft
- 1951 build
- – on site
First time on the market in over 50 years, this is a perfect opportunity for developers looking to capitalize on an exceptional piece of land. Zoned LAR3, this property offers the flexibility for a variety of development options, from multi-unit residential projects to potential mixed-use developments, making it an ideal choice for builders and investors looking to create something special in one of Los Angeles' most dynamic neighborhoods. With its generous lot size, the property provides ample space to design and build a modern residential development that aligns with the demand for new housing in this thriving part of West Los Angeles.The location couldn't be more convenientsituated just minutes from the vibrant Culver City Arts District, downtown Culver City, and Venice, residents will have easy access to top-notch dining, shopping, and entertainment. The property is also close to major tech hubs and studios, including the Culver Studios, Sony Pictures, and the Silicon Beach area, making it an attractive choice for those looking to live close to work and play. Nearby, Ballona Creek Trail offers outdoor enthusiasts a scenic path for walking, running, and biking, while Venice Beach is just a short drive away, providing the iconic California coastal lifestyle with sun, sand, and an array of shops and eateries along the famous boardwalk. For those seeking a well-connected urban location, it's within easy reach of major transportation corridors like the 405 and 10 Freeways, as well as public transit options. The area is rapidly evolving, with a strong demand for residential and mixed-use developments, making this an exciting investment for the future. Whether you're an experienced developer or a first-time investor, this property offers incredible potential in one of Los Angeles' most sought-after neighborhoods. DRIVE BY ONLY. DO NOT DISTURB TENANT. Property to be delivered vacant. **ALSO CAN BE COMBINED WITH VACANT LOT NEXT DOOR THAT IS FOR SALE AT 12019 HERBERT ST**
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Last updated Jan 15, 2025
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MLS# 25482679 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1951
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New Construction:No
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Architectural Style:Bungalow
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Common Walls:No Common Walls
Interior
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Levels:One
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Flooring:Carpet
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Fireplace:No
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Fireplace:None
Room Dimensions
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Living Area:1315.00
Financial & Terms
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Disclosures:LA/Owner Related
Location
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Directions:SOUTH OF WASHINGTON
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Latitude:34.00019300
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Longitude:-118.42476100
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LAR3
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Lot Size Area:5000.0000
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Lot Size Dimensions:40x125
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Lot Size Acres:0.1148
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Lot Size SqFt:5000.00
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View:None
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:3
Baths
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Total Baths:2
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Full & Three Quarter Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4232002018
Heating & Cooling
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Heating:1
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Heating:Forced Air
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway
Monthly cost estimate
Asking price
$1,250,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,693
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| Taxes | N/A |
| Insurance | $343 |
| Utilities | $137 See report |
| Total | $7,173/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/14/25
Jan 14, 2025
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Listed / Active | CRMLS_CA | $1,250,000 |
43% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $85k above asking price on average, but some went as high as $350k over asking price.
