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Listed by: Roy Kwak (213) 388-5000 DRE #01815269 | Sunnyside Group (213) 388-5000
$1,295,000
Monthly Est:$6,446
9 Beds
6 Baths
4,032sqft
2300 W 12th Street, Los Angeles, CA 90006
$1,295,000
$6,446/moEst:
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Multi Family
Built in 1906
$-- HOA
6,274 sqft lot
$321/sq.ft
Description
Discover a rare investment opportunity just minutes from Downtown LA's premier attractions: the LA Convention Center, Crypto.com Arena, USC, plus the vibrant dining and nightlife of Koreatown. Nestled in the bustling Mid-Wilshire district, this fully rented, six-unit asset delivers strong occupancy, steady cash flow and exciting upside potential. Key Highlights are Prime Corner Lot: 6,272 SF parcel at Hoover St. & 12th St., zoned LAR4 for future redevelopment, Spacious Living: 4,032 SF building across two stories, featuring: One 3 BR/2 BA unit, One 2 BR/1 BA unit, Two 1 BR/1 BA units, Two studio units. Ample Parking & ADU Potential: 10 dedicated spaces in rear lot with room to add an accessory dwelling unit. Effortless Connectivity with access to I-10, US-101 and I-110 freeways. Strong Financials: Current gross income of $120,240 and 6.8% cap rate at a list price of $1,295,000 (incorporating the new property tax basis). All tenants are current on rent, ensuring uninterrupted cash flow from day one. Whether you're seeking a stable, income-producing asset or a development play in one of L.A.'s most sought-after neighborhoods, this investment offers the best of both worlds. Schedule your private tour today and seize the opportunity to own a vibrant piece of Los Angeles real estate.
- Houzeo last checked: 12 hours ago
- Listing updated: June 30, 2026 at 7:57 pm
- Source: California Regional MLS-CA | MLS#: 26681233
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1906
HOA Fees
-
Finished Area
4,032 sqft
Lot Size
6,274 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26681233
MLS Status
Active
Days on Market
160
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 6
Interior
Sewer
Other
Cooling
Wall Window Units
Construction
Year Built
Year Built: 1906
Home type
Multi Family
Roof
Tile
Utilities & Energy
Parking Features
Private, Uncovered
Security Features
Carbon Monoxide Detectors, Smoke Detectors
Other Features
Disclosures
Rent Control
Price History
| Date | Event | Price |
|---|---|---|
06/05/2026 Source: | Price Increased | $1,295,000 +3.60% $321/sqft |
05/18/2026 Source: | Price Decreased | $1,250,000 -3.47% $310/sqft |
04/08/2026 Source: | Listed for Sale | $1,295,000 -2.26% $321/sqft |
09/25/2025 Source: | Off Market | $1,325,000 $329/sqft |
12/20/2024 Source: | Listed for Sale | $1,325,000 $329/sqft |
Pico-Union Ranks #4 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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