1 of 13

Want to see this property?

2300 W 12th Street

Los Angeles, CA 90006

– beds
– baths
– sqft
6,274 sqft lot
1906 build
– on site

We are pleased to present this great investment income property in the heart of Los Angeles nearby Downtown LA (LA Convention Center, Crypto.com Arena, USC) and Korea-Town (bars, restaurants, and cafes). The Mid-Wilshire area is a highly dense neighborhood with high occupancy rates. The property has 6-Units and is Zoned LAR4 for future development potential on the corner of Hoover St. and 12th St. All tenants are current on rent. This 2-story apartment is an expansive 4,032 SF on a 6,272 SF lot with 10 parking spaces. Units consist of one 3 beds and 2 baths unit, one 2 beds and 1 bath unit, two 1 bed and 1 bath units, and two studio units. Easy access to the 10, 101, and 110 freeways. The cap rate of 5.9% is based on current gross income ($114,300) and expenses with the new property tax amount at the asking price of $1,375,000.

Listed By CRMLS_CA / Yoon Kwak / Sunnyside Group

Last checked: Checking… • Last updated Nov 9, 2024 •

MLS# 24453971 —

The Building

Year Built:

1906
New Construction:

No
Roof:

Tile
Faces:

East
Building Area Total:

4032.00
# of Buildings:

1
Total Number Of Units:

6
Stories Total:

2

Interior

Levels:

Two

Location

Directions:

Heading south on Hoover St. from Olympic Blvd., property on the right side corner after 12th St.
Latitude:

34.04897200
Longitude:

-118.28451500

The Property

Property Type:

Residential Income
Zoning:

LAR4
Lot Size Area:

6274.0000
Lot Size Acres:

0.1440
Lot Size SqFt:

6274.00
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5076015023

Heating & Cooling

Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Other

Appliances

Included:

Yes

The Community

Senior Community:

No
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Uncovered, Private
Parking Spaces:

10.00
Uncovered Spaces:

10.00

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
11/1/24 Nov 1, 2024	Listed / Active	CRMLS_CA	$1,375,000	1.9%
7/25/24 Jul 25, 2024		CRMLS_CA	$1,350,000	-2.9%
7/18/24 Jul 18, 2024		CRMLS_CA	$1,390,000

Want a closer look?

Go see 2300 W 12th Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Los Angeles, CA

Similar sold homes

This multifamily located in Central LA, Los Angeles, CA 90006 is currently for sale for $1,375,000. 2300 W 12th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 23 days. 2300 W 12th Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Leo Politi Elementary School, Belmont Senior High School, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Miguel Contreras Learning Complex - Business And Tourism, Ramon C Cortines School Of Visual And Performing Arts, Edward R. Roybal Learning Center, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Miguel Contreras Learning Complex - School Of Social Justice, and Berendo Middle School.

Listing Courtesy of: CRMLS_CA and Sunnyside Group. Based on information from California Regional Multiple Listing Service, Inc. as of 15:55 on Nov 24.

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.