2300 W 12th Street, Los Angeles, CA 90006
Local realty services provided by:CENTURY 21 Cornerstone
2300 W 12th Street,Los Angeles, CA 90006
$1,295,000
- 9 Beds
- 6 Baths
- 4,032 sq. ft.
- Multi-family
- Active
Listed by: roy kwak
Office: sunnyside group213-388-5000
MLS#:26681233
Source:CRMLS
Price summary
- Price:$1,295,000
- Price per sq. ft.:$321.18
About this home
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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Home facts
- Year built:1906
- Listing ID #:26681233
- Added:1 day(s) ago
- Updated:May 02, 2026 at 11:33 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Living area:4,032 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Roof:Tile
- Year built:1906
- Building area:4,032 sq. ft.
- Lot area:0.14 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$321.18
Features and amenities
- Amenities:Carbon Monoxide (CO2) Detector
Parking
- Total parking spaces:10
- Parking description:Private, Uncovered
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