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1517 W 12th Street

Los Angeles, CA 90015

– beds
– baths
– sqft
6,244 sqft lot
1920 build
– on site

Unlock the potential of this prime redevelopment opportunity at 1517 W 12th St, Los Angeles, CA 90015. Situated in the heart of Downtown LA's Pico-Union neighborhood, this 6,242 square-foot lot currently features a vacant 1,667 square-foot single-family home built in 1920, ready for transformation. Fully entitled and permitted for a seven-story, 26-unit multifamily building, this project comes with approved permits in hand, allowing developers to break ground immediately. The plans include 18 parking stalls, 22 market-rate units, and four designated affordable housing units, making it an attractive investment in a high-demand rental market. Located just moments from Crypto Arena, LA Live, and the Los Angeles Convention Center, the property offers unbeatable access to the city's top entertainment, business, and transportation hubs. With close proximity to public transit and major freeways, future residents will enjoy seamless connectivity throughout the city. This shovel-ready project presents an incredible opportunity for developers, investors, and builders looking to bring a modern multifamily vision to life in one of Los Angeles' most dynamic and rapidly growing neighborhoods. Don't miss this rare chance to capitalize on LA's booming real estate market--contact us today for full plans and details.

Listed By CRMLS_CA / Andrew Malekie / Link Brokerages

Last checked: Checking… • Last updated Mar 1, 2025 •

MLS# 25505155 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1920
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

1667.00
Total Number Of Units:

1
# of Buildings:

1
Stories Total:

1

Interior

Levels:

One

Location

Directions:

North of Pico, South of Olympic
Latitude:

34.04589900
Longitude:

-118.27469900

The Property

Property Type:

Residential Income
Zoning:

LAR4
Lot Size Area:

6244.0000
Lot Size Acres:

0.1433
Lot Size SqFt:

6244.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5137025022

Heating & Cooling

Heating:

None
Cooling:

No
Cooling:

None

Appliances

Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

No
Parking:

None
Parking Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/1/25 Mar 1, 2025	Listed / Active	CRMLS_CA	$2,500,000
12/17/14 Dec 17, 2014	Delisted / Withdrawn	DAMLS

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This multifamily located in Central LA, Los Angeles, CA 90015 is currently for sale for $2,500,000. 1517 W 12th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 3 days. 1517 W 12th Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 90, making it very walkable. This multifamily is in the attendance area of Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Edward R. Roybal Learning Center, 10th Street Elementary School, Belmont Senior High School, Miguel Contreras Learning Complex - Business And Tourism, Ramon C Cortines School Of Visual And Performing Arts, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, John H Liechty Middle School, and Miguel Contreras Learning Complex - School Of Social Justice.

Listing Courtesy of: CRMLS_CA and Link Brokerages. Based on information from California Regional Multiple Listing Service, Inc. as of 00:08 on Mar 04.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.