Active Under Contract

2300 W 12th Street

Los Angeles, CA 90006
Mark as Favorite
Bed 9

Bed

Bath 6

Bath

SqFt4,032

Sqft

SqFt6,274

Sqft(Lot)

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 Fin ancials: Current gross income of $120,240 and 6.8% 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,295,000

AD Id : 87355450

MLS Id : 26681233

Beds : 9

Lot Size : 6,274 Sqft

Living Area Size : 4,032

Year Built : 1906

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 6

    Roofing Information

    Tile
  • Interior Features

    Roof: Tile
  • Heating & Cooling

    Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1906
    Building Area Total: 4032
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 6274 Lot Size Acres: 0.144 Lot Size Square Feet: 6,274

  • Listing Price Information

    Listing Price: $1295000

  • Tax Information

    Parcel Number: 5076015023

  • Location Information

    Direction: Heading south on Hoover St. from Olympic Blvd., property on the right side corner after 12th St. Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1032 S Westlake Avenue, Los Angeles, CA, 90006 $1,000,000 6 4 --
1817 W 12th Street, Los Angeles, CA, 90006 $1,599,000 7 -- 3,308 3,308 SqFt
1242 S Bonnie Brae, Los Angeles, CA, 90006 $740,000 4 2 2,207 2,207 SqFt
1324 S Westlake Avenue, Los Angeles, CA, 90006 $800,000 -- -- 4,232 4,232 SqFt
1605 S Bonnie Brae Street, Los Angeles, CA, 90006 $785,000 5 3 2,294 2,294 SqFt
1703 S Burlington Avenue, Los Angeles, CA, 90006 $995,000 5 4 3,604 3,604 SqFt
1136 Arapahoe, Los Angeles, CA, 90006 $1,400,000 4 8 --
1611 S Bonnie Brae Street, Los Angeles, CA, 90006 $625,000 4 2 1,378 1,378 SqFt
1617 S Bonnie Brae Street, Los Angeles, CA, 90006 $950,000 4 4 4,222 4,222 SqFt
1625 S Bonnie Brae Street, Los Angeles, CA, 90006 $925,000 4 3 2,846 2,846 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 11:38

MLS: 26681233 LISTED BY: Roy Kwak, Sunnyside Group 213-388-5000 SOURCE: CRMLS

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