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$2,388,000

Est. payment - /mo

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2 Beds

2 Baths

1,936 SqFt

Active

3030 W 12th PL Los Angeles, CA 90006

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Shirley Smith

shirley@shirleysmith.com +1(619) 559-6548

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,936 sqft

Price per Sqft $1,233

MLS Listing ID SB25055264

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1922

Lot Size 7,013 Sqft

Property Sub-Type Duplex

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 spaces, a rooftop area, and a thoughtful design that balances economics with elegance, this project is primed for success. No guesswork, no costly surprises—just a streamlined path to a high-value asset. Opportunities like this don't sit around in LA—are you ready to build the future of 3030 W 12th Place? Let's make it happen. Email or Text for PLANS

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Rooms

Main Level Bedrooms 1

Interior

Interior Features All Bedrooms Down

Cooling None

Flooring Laminate

Fireplaces Type Living Room

Fireplace Yes

Laundry None

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Flat

Accessibility Parking

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5080012019

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

Listed by Edward Kaminsky • eXp Realty of California, Inc • 310-427-2414

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Shirley Smith

Agent | License ID: 02046865

+1(619) 559-6548

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3030 W 12th PL Los Angeles, CA 90006

Shirley Smith

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3030 W 12th PL