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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
Monthly Est:$5,470
12 Beds
5 Baths
5,020sqft
2942 West 12th, Los Angeles, CA 90006
$1,099,000
$5,470/moEst:
Get Pre-Approved
Triplex
Built in 1905
$-- HOA
5,919 sqft lot
$219/sq.ft
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: 14 minutes ago
- Listing updated: June 16, 2026 at 10:24 pm
- Source: California Regional MLS-CA | MLS#: RS26069251
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1905
HOA Fees
-
Finished Area
5,020 sqft
Lot Size
5,919 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
RS26069251
MLS Status
Active
Days on Market
156
Cumulative Days on Market
62
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 5
Interior
Sewer
Public Sewer
Cooling
None
Heating
Wall Furnace
Utilities & Energy
Fireplace Features
None
Water Source
Public
Laundry Features
Inside
Parking Features
Door Single, Garage
Pool Features
None
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Other Features
Community Features
Curbs, Gutters, Street Lights, Sidewalks, Urban
Tenant Pays
Electricity, Gas
Lot Features
Corner Lot
Price History
| Date | Event | Price |
|---|---|---|
04/15/2026 Source: | Price Decreased | $1,099,000 -4.43% $219/sqft |
04/15/2026 Source: | Listed for Sale | $1,150,000 $229/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 10:00AM 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.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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