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$ 1,289,000
Est. payment /mo
Price Dropped by $100K
3030 W 12th PL Los Angeles, CA 90006
2 Beds
2 Baths
1,936 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,936 sqft
Price per Sqft $665
MLS Listing ID 26667813
Bedrooms 2
HOA Y/N No
Year Built 1922
Lot Size 7,013 Sqft
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 C17 - Mid-Wilshire
Zoning LAR4
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Disposal, Microwave
Exterior
Parking Features Door-Multi, Garage
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5080012019
Special Listing Condition Standard
Listed by Elijah Shin Dream Realty & Investments Inc #01358906