Los Angeles, CA 90006,2300 W 12th St
Los Angeles, CA 90006,2300 W 12th St
Los Angeles, CA 90006,2300 W 12th St
9
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$1,295,000
Est. payment /mo
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9 Beds
6 Baths
4,032 SqFt
Active

2300 W 12th St Los Angeles, CA 90006

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,032 sqft

Price per Sqft $321

MLS Listing ID 25597289

Bedrooms 9

Year Built 1906

Lot Size 6,274 Sqft

Acres 0.144

Property Sub-Type Multi-Family

Property Description

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 $116,184 , 6.5% 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.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Wall/Window

Equipment Other

Exterior

Parking Features Uncovered, Private

Garage Spaces 10.0

Roof Type Tile

Building

Story 2

Sewer In Street

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Sunnyside Group

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Herman Singh

Herman Singh

Broker

+1(718) 679-7822

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2300 W 12th St