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2300 W 12th Street Los Angeles, CA $ 1,450,000
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$ 1,450,000 Get more info
2300 W 12th Street
$ 1,450,000
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Share Save

2300 W 12th Street

Los Angeles, CA, 90006
$ 1,450,000
Bedrooms9 Baths6.1 Sq 4,032

Monthly Estimate*

$ 10,129

Listed by Team Spirit Realty
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Multi-Family Home for sale in Los Angeles, CA

for $1,450,000 with 9 bedrooms and 6 full baths, 1 half bath. This 4,032 square foot home was built in 1906 on a lot size of 0.144.

LAR4 ZONING 6-UNIT APT IN THE HEART OF LOS ANGELES!!! GREAT INVESTMENT & DEVELOPMENT OPPORTUNITY 6-Unit APARTMENT BUILDING ON THIS LAR-4ZONING AREA , TOC TIER 2 LOT on a busy HOOVER ST. TWO STORIES VICTORIAN-STYLE BUILDING, SIZE:4,032 SQ FT, WITH LARGE LOT (SIZE APP. 6,272 SQ FT.) WITH ASSIGNED 10 PARKING LOTS. THIS PROPERTY LOCATED AT THE CORNER OF HOOVER STREET AND W. 12TH STREET, NEXT TO THE PUBLIC TRANSPORTATION BUS STOP. CENTRALLY LOCATED TO L.A. LIVE, STAPLES, CONVENTION CENTER, DOWNTOWN L.A., KOREA TOWN, AND USC CAMPUS. THIS INCOME PROPERTY IS SET UP AS SIX (6) UNITS. SOLD WITH TENANTS IN THE PLACES. THERE ARE FENCED 10 PARKING OPEN SPACES AVAILABLE. THE SELLER HAS UPGRADED/REPLACED ALL PLUMBING, SEWER LINE, AND KITCHENS ACCORDING TO THE L.A. CITY BUILDING CODE FOR A PERIOD OF A COUPLE OF YEARS RECENTLY. THIS PROPERTY IS TO BE SOLD IN AS A "AS-IS CONDITION". PLEASE DRIVE BY OR WALK AROUND ONLY. DO NOT GO DIRECTLY. DO NOT DISTURB CURRENT OCCUPANTS. ALL CURRENT TENANTS ARE PAY RENT ON TIME MONTHLY AND VERY COOPERATIVE TO THE LANDLORD. VERY EASY ACCESS TO/FROM FWY 10, 101 AND110.THIS PROPERTY IS TO BE SOLD IN AS A "AS-IS CONDITION". PLEASE DRIVE BY OR WALK AROUND ONLY. DO NOT GO DIRECTLY. DO NOT DISTURB CURRENT OCCUPANTS.

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Multi-Family Active

Price

$ 1,450,000

Bedrooms

9

Full Bath

6

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.144

Year Built

1906

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

RS24023789

Days on Market

88
Features
General
Sewer PublicSewer
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Possession CloseOfEscrow
Roof Shingle
Zoning LAR4
HOA 0.0
Garage Spaces 10.0
Pool Features None
Construction Materials Stucco
Year Built 1906
Stories 2
Levels Two
Property SubType Apartment
Gross Income 107784.0
Community Features Urban
County Los Angeles
Net Operating Income 74064.0
Operating Expense 33720.0
Insurance Expense 2500.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Hoover St & 12th St. South West Corner.
City Los Angeles
Disclosures RentControl
Entry Location /
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area C17 - Mid-Wilshire
Lot Size Square Feet 6274.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 12th
Listing Terms Cash CashtoNewLoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 1100.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 1600.0
Water Sewer Expense 6400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 46
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 150
Property Sub Type Additional Apartment
Taxes 17500.0
Cap Rate 5.1
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Exterior
Fencing GoodCondition
Parking Features Assigned
Lot Features NearPublicTransit StreetLevel
Water Source Public
Total Parking 10.0
Lot Size Area 6274.0
Foundation Details ConcretePerimeter
Number of Buildings 1
Spa N
Building Area Total 4032.0
Lot Size Acres 0.144
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 2
Electric On Property Y/N N
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Internal Only
Street Number 1 2300
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* Excluded Features
List By
Team Spirit Realty

Broker

(714) 562-0404

Phone

Affordability Calculator

$10,129
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,129
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/4/2024$1,450,000 Listed Price

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2300 W 12th Street, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,450,000 with 4,032 sqft and a lot size of 0.144. 2300 W 12th Street has 9 bedrooms, 6.1 baths, and was built in 1906. The property's zip code is 90006 which is in Los Angeles, CA

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