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Listed by: Andrew McAllister (562) 528-8105 DRE #01946829 | eXp Realty of Greater L.A (888) 652-1314
$1,099,000
12 Beds
5 Baths
--sqft
2942 W 12Th, Los Angeles, CA 90006
$1,099,000
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Triplex
Built in 1905
$-- HOA
5,919 sqft lot
--/sqft
Description
Motivated Seller - $50K Price Reduction - 5.55% Current Cap Rate & 9.44% Pro Forma Cap Rate - 2942 W 12th Street, is an exceptionally located value-add triplex in the heart of Koreatown/Olympic Park consisting of a detached 5BD/2BA Craftsman house and a duplex with (1) 3BD/1BA unit and (1) 4BD/2BA unit, totaling approximately 5,020 rentable square feet on a 5,917 square foot LAR3 lot. The property offers a compelling investment profile with the two occupied units currently generating just $2,959/month combined at below-market rents, while the detached front house will be delivered vacant, providing immediate lease-up or owner-user flexibility. Current income is approximat...
Continue Reading- Houzeo last checked: 13 Minutes ago
- Listing updated: June 16, 2026 at 10:24 pm
- Source: California Regional MLS-CA | MLS#: RS26069251
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1905
HOA Fees
-
Finished Area
- sqft
Lot Size
5,919 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
RS26069251
MLS Status
Active
Days on Market
66
Cumulative Days on Market
-
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