3030 W 12th Pl, Los Angeles, CA 90006
3030 W 12th Pl, Los Angeles, CA 90006
3030 W 12th Pl, Los Angeles, CA 90006
25
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$1,289,000
Est. payment /mo
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2 Beds
2 Baths
1,936 SqFt
Price Dropped by $100K

3030 W 12th Pl Los Angeles, CA 90006

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,936 sqft

Price per Sqft $665

MLS Listing ID 26667813

Bedrooms 2

Year Built 1922

Lot Size 7,013 Sqft

Acres 0.161

Property Sub-Type Multi-Family

Property Description

Side-by-side 1,936 SF duplex on 7,010 SF of R4-1VL Tier 3 TOC land with significant redevelopment and expansion potential in the Heart of Koreatown. Delivered vacant, this property provides immediate income potential and long-term value with the possibility of adding 17 units by right, or 31 units with TOC incentives. Additionally, opportunities to build an ADU, a 4-plex, or pursue an Affordable Housing Project are all viable options. The existing duplex features two units, with one recently remodeled and move-in ready, and the other requiring some TLC. Classic period details such as wood floors and built-ins add charm and character to the units. The property includes two one-car garages with a screened-off area attached to each, offering convenient parking in the rear. Located just steps from Pico Blvd. and Western Ave. A Walker's Paradise with easy access to some of the best restaurants, shops, markets, public transit, and nightlife that Koreatown offers. Enjoy quick access to The Original El Cholo, USC, Staples Center, and the 10 Freeway making this a prime location for future tenants.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms Stall(s)

Interior

Heating Wall

Cooling Wall/Window, Window Unit(s)

Equipment Microwave, Garbage Disposal, Dishwasher, Range/Oven

Exterior

Parking Features Garage - 2 Car

Building

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Dream Realty & Investments Inc

NEARBY SCHOOL & BUSINESS

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3030 W 12th Pl