3030 W 12th Place
Los Angeles, CA 90006

  • – beds
  • – baths
  • – sqft
  • 7,010 sqft lot
  • on site

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We are proud to exclusively present for sale a side-by-side 1,936 SF Duplex with redevelopment or expansion potential situated in Koreatown that will be delivered vacant! With 7,010 SF of R4-1VL Tier 3 TOC land, a new owner may build 17 Units by Right or 31 with TOC. Alternately, adding units by ADU for the parking benefits, building a 4Plex or doing an Affordable Housing Project are other potential options. The existing Duplex, with one unit recently remodeled and in move-in condition and the other unit needing a little TLC, boasts period built-ins and wood floors. The property has two one-car garages and a screened-off area attached to the garages. The property is a stones throw to the intersection of Pico Blvd. and Western Ave. in what Walk Score calls a Walkers Paradise, with restaurants, shops, markets, public transportation and nightlife. Located 0.2 Miles to The Original El Cholo, under one mile to the 10 Freeway On-Ramp, 2.7 miles to the Staples Center and 3 miles to USC, this location will find you the tenants you seek. Priced to sell at under $200 PSF on the land and $45k per unit on the maximum density potential!

California Regional MLS logo Listed By CRMLS_CA / Dario Svidler / Compass

Last checked: Checking… • Last updated Mar 18, 2023 •

MLS# 21752182 —

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Sale history

Date Event Source Price % Change
10/1/21
CRMLS_CA $1,310,000 -5.8%
9/16/21
CRMLS_CA $1,390,900
6/23/21
CRMLS_CA $1,390,900

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Plot of land Sold on 10/1/2021

$1,310,000

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Listing provided by broker:

Dario Svidler

Compass

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 23:08 on May 06.

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. 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, 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.

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