12468 Ralston, Los Angeles, California 91342, Los Angeles, 91342 - 3 bed, 1 bath
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Los Angeles, California 91342
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,000—positioned above the $1,068,357 Fair Market Value. Featuring RD3 Zoning on a massive 23,014 sqft lot, this Condition Rating 6 asset is a prime candidate for redevelopment, offering the potential for up to 7 homes or 17 affordable units. With proximity to Robert Frost Middle School, the site combines strategic development scale with long-term growth potential. This is a high-reward acquisition ideal for Real Estate Developers or Institutional Investors seeking large-scale project sites.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12468 Ralston Subject | $1,099,000* List Price | 3 | 1 | 1,336 | $800 | - |
A 14785 Polk Sold | $830,000 | 2 | 1 | 881 | $942 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1950 (74 years old) with no mention of renovations, the property is explicitly marketed as a 'Developers, Investors Opportunity' for the construction of up to 17 units. The listing focuses entirely on land value and RD3 zoning, indicating the existing structure is a tear-down.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23014, living area = 1336.
Middle School: Robert Frost Middle School (9/10).
Zoned RD3 on an expansive 23,014 square foot lot, this property offers a rare opportunity to develop up to 7 traditional homes or 17 affordable housing units, maximizing potential ROI.
The current 1,336 sqft structure built in 1950 offers minimal utility compared to the land value, likely requiring a full tear-down and significant upfront demolition costs.
Realizing the maximum unit count is strictly subject to city approval, which can involve complex regulatory hurdles, lengthy timelines, and uncertain outcomes in the Los Angeles planning department.
Developers, Investors Opportunity. Subject property sits on 23,000 square feet of land with an existing 1330 sqft home. Per title zoning is RD3. You can build 7 homes or up to 17 affordable housing units, subject to city approval the site might also qualify for government financing programs with tax incentive and other funding sources. If your company is acquiring development sites in the San Fernando Vally, I'd be happy to share the details. For further details call Hernan, the listing agent.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,336 | 1,672 |
| Lot Size | 23,014 | 6,067 |
| Price | $1.10M | $1.37M |
| Price per sq ft | $823 | $801 |
| Built year | 1950 | 1939 |
| HOA | $0 | $348 |
| Days on market | 10 | 56 |
Jul 21, 2026
$1,099,000
$1,200,000
-8% Price Drop
Initial Listing
Jul 12, 2026
$1,200,000
Initial Listing