2375 W 12th St, Los Angeles, CA 90006
2375 W 12th St, Los Angeles, CA 90006
2375 W 12th St, Los Angeles, CA 90006
8
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$1,999,000
Est. payment /mo
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10 Beds
11 Baths
12,306 SqFt
New

2375 W 12th St 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 12,306 sqft

Price per Sqft $162

MLS Listing ID 26759433

Bedrooms 10

Year Built 1923

Lot Size 0.321 Acres

Acres 0.3215

Property Sub-Type Multi-Family

Property Description

Great architecture on sale! 11-unit courtyard property about a mile from LA Live, Ritz Carlton, Convention Center and the Crypto Arena. This classic Spanish Colonial style building showcases timeless architectural appeal, featuring a striking symmetrical facade, red clay tile roof, arched entryway, and a beautifully landscaped central courtyard that creates a welcoming and private setting for residents. The property offers a well-balanced unit mix with strong in-place income and enormous upside in rents. Investors will appreciate the consistent rental demand driven by the property's central location, just minutes from Downtown Los Angeles, Koreatown, USC, and major employment hubs. Each unit benefits from abundant natural light, functional layouts, and the charm of period details that continue to attract long-term tenants. The gated courtyard design enhances both privacy and security, while the lush landscaping adds to the overall curb appeal and tenant experience. Priced at 11.7 GRM and 4.25 CAP Rate, this has both immediate cash flow and incredible upside in the future. Could benefit from SB1211 for new 8 ADUs

Location

State CA

County Los Angeles

Area Mid-Wilshire

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Washer, Dryer

Exterior

Parking Features Garage

Garage Spaces 6.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

NEARBY SCHOOL & BUSINESS

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2375 W 12th St