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$ 2,388,000
Est. payment /mo
Active
3030 W 12th Place Los Angeles, CA 90006
2 Beds
2 Baths
1,936 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 1,936 sqft
Price per Sqft $1,233
MLS Listing ID CRSB25055264
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1922
Lot Size 7,013 Sqft
Acres 0.161
Property Sub-Type Duet
Property Description
A Rare LA Development Opportunity—RTI & Ready to Rise Investors, developers, and visionaries—this is the moment you’ve been waiting for. Welcome to 3030 W 12th Place, where an RTI-approved, 17-unit project is ready to take shape in the heart of Los Angeles. Currently home to a fully vacant duplex, this site holds the blueprint for something much bigger: a five-story, 12,092 sqft multi-unit building designed for maximum efficiency and economic viability—without sacrificing quality. This project is designed to be both cost-smart and highly efficient. With on-grade parking rather than costly subterranean excavation, an exterior egress balcony that eliminates the need for extensive interior walls, and a wood-frame staircase in place of a heavy steel structure, every aspect has been carefully considered to keep costs down while maintaining integrity. Additionally, underground electric service from the power pole means there’s no need for an on-site transformer, streamlining the build even further. Unlike fully affordable developments, this project only requires two affordable ELI units, making it a rare find in the market. Adding to its appeal, two of the residences feature double-height ceilings with loft spaces, offering a premium, open-concept feel. With six parking space
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Cooling None
Flooring Laminate
Fireplaces Type Living Room
Fireplace Yes
Laundry None
Exterior
Garage Spaces 2.0
Pool None
View Y/N true
View Other
Handicap Access Other
Total Parking Spaces 2
Private Pool false
Building
Lot Description Street Light(s)
Story 1
Sewer Public Sewer
Water Public
Level or Stories One Story
New Construction No
Schools
School District Los Angeles Unified
Others
Tax ID 5080012019
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Edward Kaminsky • eXp Realty of California, Inc