3030 W 12th Place

Los Angeles, CA 90006

  • 2 Bed(s)
  • 2 Bath(s)
  • 1,936 Sqft
  • 7013
    Sqft(Lot)
$2,388,000

Description

A rare la development opportunity—rti & ready to rise

investors, developers, and visionaries—this is the moment you’ve been waiting for. welcome to 3030 w 12th place, where an rti-approved, 17-unit project is ready to take shape in the heart of los angeles. currently home to a fully vacant duplex, this site holds the blueprint for something much bigger: a five-story, 12,092 sqft multi-unit building designed for maximum efficiency and economic viability—without sacrificing quality.

this project is designed to be both cost-smart and highly efficient. with on-grade parking rather than costly subterranean excavation, an exterior egress balcony that eliminates the need for extensive interior walls, and a wood-frame staircase in place of a heavy steel structure, every aspect has been carefully considered to keep costs down while maintaining integrity. additionally, underground electric service from the power pole means there’s no need for an on-site transformer, streamlining the build even further. unlike fully affordable developments, this project only requires two affordable eli units, making it a rare find in the market. adding to its appeal, two of the residences feature double-height ceilings with loft spaces, offering a premium, open-concept feel.

with six parking spaces, a rooftop area, and a thoughtful design that balances economics with elegance, this project is primed for success. no guesswork, no costly surprises—just a streamlined path to a high-value asset. opportunities like this don’t sit around in la—are you ready to build the future of 3030 w 12th place? let’s make it happen. text or email for plans.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49038323

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Barrel,Flat

  • Building Information

    • Year Built: 1922
    • Building Area Total: 1,936
    • Roof: Barrel,Flat

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.161
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7013

  • Listing Price Information

    • Original List Price: 2,388,000
    • Listing Contract Date: 2025-03-11

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5080012019

  • Garage and Parking

    • Garage Description: Driveway,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C17 - Mid-Wilshire
    • Postal Code Plus 4: 3104
    • Directions: Take S Western Ave and turn East on W 12th St
    • Zoning: LAR4
    • Source Property Type: Residential Income
    • Area: C17 - Mid-Wilshire
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 103
    • Common Walls: No Common Walls
    • Structure Type: Duplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/28/2025 @ 13:03

  • MLS: SB25056027
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 2 bedrooms which is for sale, it has 1,936 sqft, 7,013 sized lot, and 2 parking. are nearby neighborhoods.