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$1,295,000
New Listing

2300 W 12th Street
Los Angeles, CA 90006

For Sale|Residential Income|Active
9
Beds
6
Total Baths
4,032
SqFt
$321
/SqFt
1906
Built
County:
Los Angeles
Listed by Roy Kwak of Sunnyside Group [email protected]
2300 W 12th Street2300 W 12th Street2300 W 12th Street2300 W 12th Street
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Monthly Payment (Est.)

$5,908
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Discover a rare investment opportunity just minutes from Downtown LA's premier attractions: the LA Convention Center, Crypto.com Arena, USC, plus the vibrant dining and nightlife of Koreatown. Nestled in the bustling Mid-Wilshire district, this fully rented, six-unit asset delivers strong occupancy, steady cash flow and exciting upside potential. Key Highlights are Prime Corner Lot: 6,272 SF parcel at Hoover St. & 12th St., zoned LAR4 for future redevelopment, Spacious Living: 4,032 SF building across two stories, featuring: One 3 BR/2 BA unit, One 2 BR/1 BA unit, Two 1 BR/1 BA units, Two studio units. Ample Parking & ADU Potential: 10 dedicated spaces in rear lot with room to add an accessory dwelling unit. Effortless Connectivity with access to I-10, US-101 and I-110 freeways. Strong Financials: Current gross income of $119,976, 6.4% cap rate at a list price of $1,295,000 (incorporating the new property tax basis). All tenants are current on rent, ensuring uninterrupted cash flow from day one. Whether you're seeking a stable, income-producing asset or a development play in one of L.A.'s most sought-after neighborhoods, this investment offers the best of both worlds. Schedule your private tour today and seize the opportunity to own a vibrant piece of Los Angeles real estate.

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Listing Snapshot
Price 
$1,295,000
Days On Site 
0 Days
Bedrooms 
9
Inside Area (SqFt) 
4,032 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.144 Acres
Year Built 
1906
MLS® Number 
26681233
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
10 hours agoListing first seen on site
General Features
Acres 
0.144
Direction Faces 
East
Disclosures 
RentControl
Levels 
Two
Number Of Stories 
2
Parking 
Private
Parking Spaces 
10
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
4032
Zoning 
LAR4
Interior Features
Cooling 
Wall/Window Unit(s)
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Exterior Features
Roof 
Tile
Community Features
MLS Area 
C17 - Mid-Wilshire


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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