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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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1437 12th Avenue — Los Angeles | Belmont Brokerage | Belmont Brokerage

Active

$3,950,000

581 DOM

— bd— ba— sqft

Call

1437 12th Ave Los Angeles, CA 90019

8,197sqft lot

Contiguous double lot opportunity for development with 110ft front footage. 1437 and 1439 12th Ave, MUST PURCHASE BOTH LOTS TOGETHER. 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 2.25m totalling 4.5m.

MLS 24437819

213-380-8949 (Office) 213-550-9009 (Cell) agentelijahshin@gmail.com

Est. payment

$25,240/mo

Principal & interestTaxesInsurance

$19,973$4,115$1,152

Down %

Rate %

Years

Down payment: $790,000 · Total cost: $7,980,406

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$25,240/mo

Principal & interest: $19,973
Est. property tax: $4,115
Est. insurance: $1,152
Down payment: $790,000

Est. gross rent$16,458/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-8,782/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Sep 9, 2024	$4,500,000	—

Facts & Features

Transaction Data

▼Price Reduced from $4,500,000 (−$550,000)

213-380-8949 (Office) 213-550-9009 (Cell) agentelijahshin@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1437 12th Avenue, Los Angeles, CA 90019

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Call

1437 12th Ave Los Angeles, CA 90019

About this home

Elijah Shin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Elijah Shin

Sale & Tax History

No Recent Sales History

Location

1437 12th Avenue, Los Angeles, CA 90019

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1437 12th Ave Los Angeles, CA 90019

About this home

Elijah Shin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Elijah Shin

Sale & Tax History

No Recent Sales History

Location