2375 W 12th Street, Los Angeles, CA 90006
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
2375 W 12th Street,Los Angeles, CA 90006
$1,999,000
- 10 Beds
- 11 Baths
- 12,306 sq. ft.
- Multi-family
- Active
Listed by: lee ziff, david martinez
Office: keller williams beverly hills310-432-6400
MLS#:26759433
Source:CRMLS
Price summary
- Price:$1,999,000
- Price per sq. ft.:$162.44
About this home
Great architecture on sale! 11-unit courtyard property about a mile from LA Live, Ritz Carlton, Convention Center and the Crypto Arena. This classic Spanish Colonial style building showcases timeless architectural appeal, featuring a striking symmetrical facade, red clay tile roof, arched entryway, and a beautifully landscaped central courtyard that creates a welcoming and private setting for residents. The property is well maintained and offers a well-balanced unit mix with strong in-place income and enormous upside in rents. Investors will appreciate the consistent rental demand driven by the property's central location, just minutes from Downtown Los Angeles, Koreatown, USC, and major employment hubs. Each unit benefits from abundant natural light, functional layouts, and the charm of period details that continue to attract long-term tenants. The gated courtyard design enhances both privacy and security, while the lush landscaping adds to the overall curb appeal and tenant experience. Additional income from laundry and separately metered for Electric, and gas. Priced at 11.7 GRM and 4.25 CAP Rate, this has both immediate cash flow and incredible upside in the future. Could benefit from SB1211 for new 8 ADUs...
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Home facts
- Year built:1923
- Listing ID #:26759433
- Added:121 day(s) ago
- Updated:August 20, 2026 at 10:56 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:11
- Living area:12,306 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1923
- Building area:12,306 sq. ft.
- Lot area:0.32 Acres
- Levels:1 Story
Finances and disclosures
- Price:$1,999,000
- Price per sq. ft.:$162.44
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:6
- Parking description:Garage
- Garage:Yes
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