Seller's Agent in 2025
Christophe Heldoorn
The Niche
(310) 492-3531
2 in this area
31 Total Sales
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**
Last Agent to Sell the Property
The Niche License #01967764 Listed on: 01/14/2025
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,232,000 | Chicago Title | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,587,800 | Construction |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $1,232,000 | -1.4% | $937 / Sq Ft |
| 01/16/2025 01/16/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $1,250,000 | -- | $951 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,310 | $88,188 | $49,732 | $38,456 |
| 2024 | $1,310 | $86,459 | $48,757 | $37,702 |
| 2023 | $1,293 | $84,764 | $47,801 | $36,963 |
| 2022 | $1,244 | $83,103 | $46,864 | $36,239 |
| 2021 | $1,220 | $81,475 | $45,946 | $35,529 |
| 2019 | $1,189 | $79,060 | $44,584 | $34,476 |
| 2018 | $1,118 | $77,510 | $43,710 | $33,800 |
| 2016 | $1,060 | $74,502 | $42,013 | $32,489 |
| 2015 | $1,046 | $73,383 | $41,382 | $32,001 |
| 2014 | $1,061 | $71,947 | $40,572 | $31,375 |
Seller's Agent in 2025
Christophe Heldoorn
The Niche
(310) 492-3531
2 in this area
31 Total Sales
Buyer's Agent in 2025
Suihan Liu
Pacific Sterling Realty
(949) 873-3666
2 in this area
42 Total Sales
Source: The MLS
MLS Number: 25-482679
APN: 4232-002-018