2531 W 12th Street Los Angeles, CA ^$ 999,000

2531 W 12th Street

^$ 999,000

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2531 W 12th Street

Los Angeles, CA, 90006

^$ 999,000

Studio Baths0.0

Monthly Estimate*

^$ 6,978

Listed by Cal Mutual

2531 W 12th Street, Los Angeles, CA 90006 - Image 1

2531 W 12th Street, Los Angeles, CA 90006 - Image 2

2531 W 12th Street, Los Angeles, CA 90006 - Image 3

Studio

Lots and Land for sale in Los Angeles, CA

for $999,000. The lot size is 0.1377.

Best priced R4 lot! Excellent Opportunity for Developer or Owner User to build in the future. R4-1VL Zoning, Corner Lot, 50ft x 120 ft (approx. buyers to verify). Buildable 14 units By-right. TOC Tier 3 designation gives added density. Use Initiative ED1 to allow for even more density of approximately 35-45 units. (Buyers to verify) Walking distance to future Target Store under construction at the corner of Vermont and Olympic . Current house sits as a 4 bedroom 2 bathroom layout. A owner user can also live in the house or rent it out and develop the property to its full potential in the future. The possibilities are endless. Once in a lifetime opportunity! CORNER LOT! 50 ft Wide Lot! 6,000 sqft Lot!

Lots and Land Pending

Price

^$ 999,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.1377

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

AR24041675

Days on Market

Features

General

Sewer PublicSewer Unknown

Zoning LAR4

HOA 0.0

View None

Community Features Urban

County Los Angeles

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions Vermont & Olympic

City Los Angeles

View Y/N N

Senior Community Y/N N

MLS Area KREA - Koreatown

Lot Size Square Feet 6000.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 12th

Listing Terms Submit

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 41

Standard Status Pending

Tax Lot 5

Exterior

Lot Features Item01UnitAcre

Water Source Public Private

Lot Size Area 6000.0

Spa N

Lot Size Acres 0.1377

Lot Size Units SquareFeet

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Electric On Property Y/N N

Internal Only

Street Number 1 2531

* Excluded Features

List By

Cal Mutual

Broker

(800) 700-4650

Phone

Affordability Calculator

$6,978

Per Month

Monthly Principal & Interest: $6,978
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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

Trends
Schools

Lots and land listings in Los Angeles, CA

Average List Price ^$1,775,477

Percent of Sale Price 78%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/5/2024	$999,000	-9.18%	Price Down
3/6/2024	$1,100,000		Listed Price

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2531 W 12th Street, Los Angeles, CA, 90006 is a Lots and Land for sale at $999,000 with a lot size of 0.1377. 2531 W 12th Street is a studio with 0.0 baths. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. 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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2531 W 12th Street

Lots and Land for sale in Los Angeles, CA

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