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    3030 W 12th Place

    Los Angeles (City), CA 90006
    • $1,390,900
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: 21752182
    UPDATED: 29 min ago
    $1,390,900
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    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 California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:16:35.783. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/118603936
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    3030 W 12th Place Los Angeles (City), CA 90006

    • Price: $1,390,900
    • Status: Active
    • Updated: 29 min ago
    • ID#: 21752182
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - 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!
    Property Features

    Disclosures Rent Control Listing Agreement Exclusive Right To Sell Listing Service Full Service Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning R4-1Vl Tier 3

    Listing provided courtesy of Dario Svidler of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:16:35.783. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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