2375 W 12th Street, Los Angeles, CA 90006

Local realty services provided by:ERA Excel Realty
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 KoreatownWestlake BorderBuilt 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:1 day(s) ago
  • Updated:October 04, 2025 at 01:22 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
Based on information from California Regional Multiple Listing Service, Inc. as of October 4, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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