REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,375,000

Est. payment - /mo

6,272 Sqft Lot

Save

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB26241097

HOA Y/N No

Year Built 1906

Lot Size 6,272 Sqft

Property Sub-Type Mixed Use

Property Description

PRIME LOS ANGELES INVESTMENT OPPORTUNITY! Excellent opportunity to own a charming two-story, Victorian-style 6-unit apartment building in the heart of Los Angeles! Situated on a desirable corner lot at Hoover St. and W. 12th St., this income-producing property features approximately 4,032 sq. ft. of building area on a spacious 6,272 sq. ft. lot, with 10 assigned, fenced parking spaces. Located in an LAR4 zoning area with a reported TOC Tier 2 designation, offering potential value-add and redevelopment opportunities, subject to City approval and buyer verification. The property consists of six tenant-occupied units, providing an established rental income stream. Seller reports recent improvements, including upgrades to plumbing, sewer lines, and kitchens. Conveniently located near Downtown LA, USC, Koreatown, LA Live, Crypto.com Arena, and the Los Angeles Convention Center, with easy access to public transportation and the 10, 101, and 110 freeways. Excellent opportunity for investors, developers, or buyers looking to expand their multifamily portfolio in a highly desirable central Los Angeles location. Property is being sold strictly AS-IS, WHERE-IS, with existing tenants in place. Buyer and buyer's agent to independently verify all information, including square footage, lot size, zoning, permits, rental income, parking, and development potential. DRIVE-BY ONLY. PLEASE DO NOT DISTURB OCCUPANTS.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Biking

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5076015023

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by SAYEED HOSSAIN EXCELLENCE MORTGAGE, INC. 213-864-1520, DRE #01385702

Nearby School & Business

Get More Information

Patricia Beattie

+1(415) 286-8292

Broker License ID: 01405369

Quick Search

2300 W 12th Los Angeles, CA 90006

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information