
Los Angeles, California 90230
This property presents a High-Potential Investment Opportunity with a List Price of $1,350,000—positioned well above the $1,253,410 Fair Market Value by -7%. Featuring RTI-ready plans for a contemporary residence, this Condition Rating 6 asset requires significant capital for ground-up construction. The project leverages a prime Culver City location to maximize future resale value through modern design elements like vaulted ceilings and indoor-outdoor flow. This is a strategic acquisition ideal for Experienced Developers or Speculative Investors seeking a streamlined path to new construction.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11854 Juniette Street Subject 3 bd · 2 ba · 1,050 sqft · $1,194 | $1,350,000* List Price | 3 | 2 | 1,050 | $1,194 | - |
A 12209 Allin Sold 2 bd · 2 ba · 964 sqft · $1,110 · 0.8 mi | $1,070,000 | 2 | 2 | 964 | $1,110 | 0.8 mi |
B 12035 Alberta Active 2 bd · 1 ba · 990 sqft · $1,080 · 0.4 mi | $1,069,000 List Price | 2 | 1 | 990 | $1,080 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1948 (76 years old) with no recorded renovations. The listing explicitly describes the property as a 'rehabilitation or teardown' and an 'RTI-ready development opportunity,' indicating the current structure is likely unlivable and the value lies in the land and proposed plans.
The property is sold with Ready-to-Issue plans, significantly reducing the typical 12-24 month timeline and architectural costs associated with the permitting and design phase for a new build.
Situated in the highly desirable 90230 zip code, this location offers strong market appreciation and proximity to major Westside tech hubs, dining, and entertainment.
The proposed contemporary design features high-demand elements such as vaulted ceilings, exposed beams, and seamless indoor-outdoor flow, ensuring high resale value upon completion.
The property was recently sold within the past year on 2026-09-23. The sold price is $1,000,000.00.
The existing structure is a teardown or major rehabilitation project, meaning it cannot be occupied immediately and likely requires specialized construction financing.
With a list price of $1.35M for the land and plans, the buyer must have significant liquid capital to cover the high costs of ground-up construction in the Los Angeles market.
RTI-ready development opportunity at 11854 Juniette Street. The existing property requires rehabilitation or teardown, with plans for a proposed single-story residence featuring contemporary design and warm, natural finishes.The proposed home features gabled rooflines, wood accents and an inviting entry. Vaulted ceilings, exposed beams and skylights complement an open layout connecting the living, dining and kitchen areas. A generous kitchen island and separate bar provide space for entertaining, while expansive sliding glass doors open to a backyard with a trellis-covered patio. The proposed primary suite includes a spacious walk-in closet, a generous bathroom and backyard access. Additional bedrooms and an attached two-car garage complete the plan.All photos are architectural renderings of the proposed home and do not reflect the property's current condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,050 | 1,670.836 |
| Lot Size | 5,750 | 6,152.156 |
| Price | $1.35M | $1.34M |
| Price per sq ft | $1.3K | $807 |
| Built year | 1948 | 1941 |
| HOA | $0 | $238 |
| Days on market | 24 | 56 |
Oct 16, 2026
$1,350,000
Initial Listing
Sep 23, 2026
$1,000,000
Public Record