3030 W 12th Place, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:ERA Excel Realty
3030 W 12th Place,Los Angeles, CA 90006
$1,190,000
  • 2 Beds
  • 2 Baths
  • 1,936 sq. ft.
  • Multi-family
  • Active
Listed by: arthur yoon, sukyoung lee
Office: redpoint realty213-380-1500
MLS#:26843211
Source:CRMLS

Price summary

  • Price:$1,190,000
  • Price per sq. ft.:$614.67

About this home

Prime Koreatown development opportunity delivered fully vacant! Situated on a 7,013 SF R4-1VL lot, 3030 W 12th Pl offers exceptional redevelopment potential in one of Los Angeles' most active multifamily corridors. A new owner may build up to 49 units via the Affordable Housing Incentive Program (100% affordable) which makes the most sense for the location and the tax incentive. This parcel allows 17 units by-right under the current RSO but the 1VL caps the by-right height at 45ft. The property currently features a side-by-side 1,936 SF duplex with one remodeled unit and one unit ready for value-add improvements. Existing details include original wood floors and built-ins, along with two one-car garages located at the rear of the property. Also available are approved RTI (Shovel-Ready) approved plans for a 5-story, 17-unit multi-family building spanning 12,092 SF. The project has been brilliantly engineered for maximum ROI and cost efficiency: features on-grade surface parking (zero...

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Home facts

  • Year built:1922
  • Listing ID #:26843211
  • Added:61 day(s) ago
  • Updated:August 11, 2026 at 11:09 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Kitchen Description:Dishwasher, Disposal, Microwave
  • Living area:1,936 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1922
  • Building area:1,936 sq. ft.
  • Lot area:0.16 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,190,000
  • Price per sq. ft.:$614.67

Features and amenities

  • Appliances:Dishwasher, Disposal

Parking

  • Parking description:Door-Multi, Driveway, Garage
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