1439 12th Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 5 bed, 3 bath
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Los Angeles, California 90019
This property presents a High-Potential Investment Opportunity with a List Price of $1,249,000—positioned well above the $1,027,635 Fair Market Value by -21%. While the current structure has a Condition Rating of 5, the R-2 Zoning and massive 64,800sf development potential provide significant upside for ground-up construction. The site offers 110ft of frontage, making it a premier candidate for luxury residential density. This is a strategic acquisition ideal for Developers or Buy-and-Hold Investors focused on long-term land value and high-density urban growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1439 12th Avenue Subject | $1,249,000* List Price | 5 | 3 | 2,566 | $400 | - |
A 1417 S Norton Avenue Sold | $900,000 | 5 | 2 | 2,230 | $404 | 0.1 mi |
B 3273 Country Club Drive Sold | $1,215,000 | 3 | 3 | 2,475 | $491 | 0.8 mi |
C 3289 Country Club Drive Sold | $1,116,000 | 3 | 3 | 2,246 | $497 | 0.7 mi |
D 1621 5th Avenue Active | $989,000 List Price | 4 | 2 | 2,372 | $417 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1909 (115 years old) and marketed 'AS-IS' as a 'flip' or development opportunity. The property requires significant repairs and is priced primarily for its double-lot land value and R-2 zoning potential.
The property offers a massive building potential of up to 64,800sf with density bonuses on R-2 zoning, making it a premier candidate for high-density luxury residential development.
Featuring a generous 8,290sf lot with the option to combine with a contiguous lot for 110ft of frontage, the site provides the scale necessary for a major architectural project.
Located in the high-demand Mid-Los Angeles area, this property is perfectly positioned for a high-yield flip or ground-up construction in a central urban corridor.
The existing 1909 structure is in poor condition and sold 'as-is,' requiring a total renovation or demolition which adds significant immediate cost and complexity.
Several assigned public schools in the immediate vicinity have low performance ratings, which may limit the property's long-term appeal to families prioritizing education.
Home needs repair. Ideal for flip. AS - IS Contiguous double lot opportunity for development with 110ft front footage. 1437 and 1439 12th Ave, CAN PURCHASE EACH LOT SEPARATELY. Maximum building size is a whopping 64,800sf with density bonus! Potential to build giant luxury units on R-2 zoning. Each lot is 8,287sf totaling 16,513sf. Each lot is 1.25m totaling 2.5m.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 2,566 | 1,807 | 83% |
| Lot Size | 8,290 | 6,207.5 | 88% |
| Price | $1.25M | $1.31M | 45% |
| Price per sq ft | $487 | $766 | 8% |
| Built year | 1909 | 1928 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 150 | 3% |
May 29, 2026
$1,249,000
Initial Listing