2375 W 12th Street, Los Angeles, CA 90006
Local realty services provided by:ERA North Orange County Real Estate
2375 W 12th Street,Los Angeles, CA 90006
$2,350,000
- 10 Beds
- 11 Baths
- 12,306 sq. ft.
- Multi-family
- Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.
MLS#:25600503
Source:CRMLS
Price summary
- Price:$2,350,000
- Price per sq. ft.:$190.96
About this home
2375 W 12th St | 11-Unit Multifamily at the Koreatown Westlake Border Built in 1923, the property consists of a well-balanced mix of (4) 2-bed/1-bath, (6) 1-bed/1-bath, and (1) studio unit, totaling 12,306 SF on a 13,999 SF LAR4 lot (~$167 land PSF). The building is fully occupied, producing $157,584 in annual income, with market rents supporting up to $275,490 annually a $117K+ upside. Priced at $2,350,000 (~$214K per unit / $191 per SF), the asset offers a 3.44% current cap rate and an 8.01% pro forma cap rate, with stable cash flow today and a clear path to higher returns. Six on-site parking spaces further strengthen tenant demand and revenue potential in a dense submarket where parking is limited. Property gets $450 per month from garages and $200 per month from Laundry.
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Home facts
- Year built:1923
- Listing ID #:25600503
- Added:42 day(s) ago
- Updated:November 15, 2025 at 03:20 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:11
- Living area:12,306 sq. ft.
Structure and exterior
- Year built:1923
- Building area:12,306 sq. ft.
- Lot area:0.32 Acres
Finances and disclosures
- Price:$2,350,000
- Price per sq. ft.:$190.96
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