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3030 W 12th Pl

Los Angeles, CA 90006
  • $1,390,900
  • STATUS: Active
  • ON SITE: 30 days
  • MLS #: 21-752182
UPDATED: 27 min ago
$1,390,900
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

We are proud to exclusively present for sale a side-by-side 1,936 SF Duplex with redevelopment or expansion potential situated in Koreatown that will be delivered vacant! With 7,010 SF of R4-1VL Tier 3 TOC land, a new owner may build 17 Units by Right or 31 with TOC. Alternately, adding units by ADU for the parking benefits, building a 4Plex or doing an Affordable Housing Project are other potential options. The existing Duplex, with one unit recently remodeled and in move-in condition and the other unit needing a little TLC, boasts period built-ins and wood floors. The property has two one-car garages and a screened-off area attached to the garages. The property is a stones throw to the intersection of Pico Blvd. and Western Ave. in what Walk Score calls a Walkers Paradise, with restaurants, shops, markets, public transportation and nightlife. Located 0.2 Miles to The Original El Cholo, under one mile to the 10 Freeway On-Ramp, 2.7 miles to the Staples Center and 3 miles to USC, this location will find you the tenants you seek. Priced to sell at under $200 PSF on the land and $45k per unit on the maximum density potential!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-23T19:43:20.65. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/118603076
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3030 W 12th Pl Los Angeles, CA 90006

  • Price: $1,390,900
  • Status: Active
  • Updated: 27 min ago
  • MLS #: 21-752182
0
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
We are proud to exclusively present for sale a side-by-side 1,936 SF Duplex with redevelopment or expansion potential situated in Koreatown that will be delivered vacant! With 7,010 SF of R4-1VL Tier 3 TOC land, a new owner may build 17 Units by Right or 31 with TOC. Alternately, adding units by ADU for the parking benefits, building a 4Plex or doing an Affordable Housing Project are other potential options. The existing Duplex, with one unit recently remodeled and in move-in condition and the other unit needing a little TLC, boasts period built-ins and wood floors. The property has two one-car garages and a screened-off area attached to the garages. The property is a stones throw to the intersection of Pico Blvd. and Western Ave. in what Walk Score calls a Walkers Paradise, with restaurants, shops, markets, public transportation and nightlife. Located 0.2 Miles to The Original El Cholo, under one mile to the 10 Freeway On-Ramp, 2.7 miles to the Staples Center and 3 miles to USC, this location will find you the tenants you seek. Priced to sell at under $200 PSF on the land and $45k per unit on the maximum density potential!
Exterior Features

Cross Streets Pico Blvd. And Western Ave. Lot Size Area 7010 View Description Other View YN Yes

Property Features

Cable YN Yes Potential Usage 17 Units By Right. 31 By Toc. Present Use Duplex. Delivered Vacant At Close Of Escrow. Sale Type Standard Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Zoning R4-1Vl Tier 3

Listing provided courtesy of Dario Svidler DRE#01884474 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-23T19:43:20.65. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270