$1,232,000
SOLD APR 7, 2025
3 Beds
2 Baths
1,315 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$937 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • No HOA
  • Breakfast Area or Nook
  • Bungalow
  • Venice High School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2025

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

Christophe Heldoorn

The Niche License #01967764 Listed on: 01/14/2025

The Niche

Last Buyer's Agent

Suihan Liu

Pacific Sterling Realty License #02162284

Pacific Sterling Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Property is zoned LAR3

Parking

  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1,315 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4232-002-018

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1315
  • Lot Acreage: 0.1148
  • Lot Dimensions: 40x125
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 950.57

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4232-002-018
  • Lot Size Area: 5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Heldoorn Deborah
Bought by
12017 Herbert Holding Llc
Current Estimated Value
$1,275,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,587,800
Interest Rate
6.85%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 27, 2024
Sold by
Rowell Family Trust and Rowell-Connors Sandra
Bought by
Heldoorn Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,587,800
Interest Rate
6.85%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 14, 2011
Sold by
Rowell James M and Rowell Eulene
Bought by
Rowell James M and Rowell Eulene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,232,000 Chicago Title
Grant Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,587,800 Construction
Source: Public Records

Property History

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
Source: The MLS

Tax History

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-482679

The MLS

APN: 4232-002-018