Homes for sale - 3030 W 12th PL, Los Angeles, CA 90006

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Edward Kaminsky • eXp Realty of California, Inc

$2,388,000

Est. payment - /mo

2 Beds

2 Baths

1,936 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,936 sqft

Price per Sqft $1,233

MLS Listing ID CRSB25055264

Bedrooms 2

Full Baths 2

Originating Board California Regional MLS

Year Built 1922

Lot Size 7,013 Sqft

Property Sub-Type Duplex

Property Description

A Rare LA Development Opportunity-RTI & Ready to Rise Investors, developers, and visionaries-this is the moment you've been waiting for. Welcome to 3030 W 12th Place, where an RTI-approved, 17-unit project is ready to take shape in the heart of Los Angeles. Currently home to a fully vacant duplex, this site holds the blueprint for something much bigger: a five-story, 12,092 sqft multi-unit building designed for maximum efficiency and economic viability-without sacrificing quality. This project is designed to be both cost-smart and highly efficient. With on-grade parking rather than costly subterranean excavation, an exterior egress balcony that eliminates the need for extensive interior walls, and a wood-frame staircase in place of a heavy steel structure, every aspect has been carefully considered to keep costs down while maintaining integrity. Additionally, underground electric service from the power pole means there's no need for an on-site transformer, streamlining the build even further. Unlike fully affordable developments, this project only requires two affordable ELI units, making it a rare find in the market. Adding to its appeal, two of the residences feature double-height ceilings with loft spaces, offering a premium, open-concept feel. With six parking spaces, a rooft

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Cooling None

Flooring Laminate

Fireplaces Type Living Room

Laundry None

Exterior

Parking Features Garage, Other

Garage Spaces 2.0

Pool None

View Local/Neighborhood

Roof Type Flat / Low Pitch

Building

Story One Story

Water District - Public

Others

Tax ID 5080012019

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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3030 W 12th PL Los Angeles, CA 90006

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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