1517 W 12th Street
Los Angeles, CA 90015
- 3 beds
- 1 bath
- 1,667 sqft
- 6,244 sqft lot
- $1,559 per sqft
- 1920 build
- – on site
Discover the potential of this exceptional redevelopment opportunity at 1517 W 12th St, Los Angeles, CA 90015. Located in the vibrant Pico-Union neighborhood of Downtown LA, this 6,242 sq ft lot currently houses a vacant 1,667 sq ft single-family home built in 1920-primed for transformation. The property is fully entitled and permitted for a modern seven-story, 26-unit multifamily development, with all approvals and permits in place, allowing construction to begin immediately. The approved plans include:26 residential units (22 market-rate and 4 affordable) and 18 on-site parking spaces strategically positioned just minutes from Crypto.com Arena, LA Live, and the Los Angeles Convention Center, this location offers unbeatable access to entertainment, employment, and transportation hubs. With excellent connectivity via public transit and major freeways, future residents will enjoy seamless access throughout Los Angeles. This shovel-ready project is a rare find for developers, investors, and builders seeking to deliver a high-demand multifamily community in one of LA's fastest-growing neighborhoods. Don't miss this prime opportunity to tap into Los Angeles' thriving real estate market. Contact me today for full plans and additional details.
Last checked:
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Last updated Apr 15, 2025
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MLS# CL25522369 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1920
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Building Area Units:Square Feet
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Stories:1
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Levels:One Story
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Building Area Total:1667
Interior
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Flooring:Wood
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:1667
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Living Area Units:Square Feet
Location
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Directions:North of Pico, South of Olympic
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:5137025022
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Zoning:LAR4
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Lot Size Area:0.1433
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Lot Size Acres:0.1433
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Lot Size SqFt:6244
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Lot Size Units:Acres
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View:City Lights
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (323) 919-0888
Beds
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Bedrooms Total:3
Baths
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Total Baths:1
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Full Baths:1
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:None
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Cooling:false
Appliances
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Laundry Features:None
The Community
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Association:false
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Pool Private:false
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Pool Features:None
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:2
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Parking Features:Detached
Monthly cost estimate
Asking price
$2,600,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$13,922
|
| Taxes | N/A |
| Insurance | $715 |
| Utilities | $147 See report |
| Total | $14,784/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/14/25
Apr 14, 2025
|
Price Changed | BRIDGE | $2,600,000 | 13.0% |
|
4/8/25
Apr 8, 2025
|
Listed / Active | BRIDGE | $2,300,000 | |
|
3/10/25
Mar 10, 2025
|
Price Changed | CRMLS_CA |
