Listing by: Christophe Heldoorn, The Niche

3 Beds

2 Baths

1,315SqFt

Pending

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**

Property Details
Price $1,250,000
Bedrooms 3
Full Baths 2
Half Baths 0
Total Baths 2
Property Style Bungalow
Lot Size 40x125
Lot Size Area 5000
Lot Size Area Units Square Feet
Acres 0.1148
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 0
Year Built 1951
View None
Heating Forced Air
Pool features None
Parking Description Driveway
Parking Spaces 0
Geographic Data
Directions SOUTH OF WASHINGTON
County Los Angeles
Latitude 34.000193
Longitude -118.424761
Market Area C13 - Palms - Mar Vista
Address Information
Address 12017 Herbert Street, Los Angeles, CA 90066
Postal Code 90066
City Los Angeles
State CA
Country United States
Listing Information
Listing Office The Niche
Listing Agent Christophe Heldoorn
Special listing conditions Standard
MLS Information
Days on market 2
MLS Status Pending
Listing Date Jan 14, 2025
Listing Last Modified Jan 17, 2025
Tax ID 4232002018
MLS Area C13 - Palms - Mar Vista
MLS # 25482679

This information is believed to be accurate, but without any warranty.
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