3030 W 12th Pl 2BR La


Property

Website:https://www.nestseekers.com/5361371
Address:
3030 W 12th Pl
LOS ANGELES, CA 90006
Ownership: For Sale
Bedrooms: 2 BR
Bathrooms: 2
Area: 7013 sq ft
Lot Size: 0.2 Acres

Financials

Price:$1,289,000

Description

Side-by-side 1,936 SF duplex on 7,010 SF of R4-1VL Tier 3 TOC land with significant redevelopment and expansion potential in the Heart of Koreatown. Delivered vacant, this property provides immediate income potential and long-term value with the possibility of adding 17 units by right, or 31 units with TOC incentives. Additionally, opportunities to build an ADU, a 4-plex, or pursue an Affordable Housing Project are all viable options. The existing duplex features two units, with one recently remodeled and move-in ready, and the other requiring some TLC. Classic period details such as wood floors and built-ins add charm and character to the units. The property includes two one-car garages with a screened-off area attached to each, offering convenient parking in the rear. Located just steps from Pico Blvd. and Western Ave. A Walker's Paradise with easy access to some of the best restaurants, shops, markets, public transit, and nightlife that Koreatown offers. Enjoy quick access to The Original El Cholo, USC, Staples Center, and the 10 Freeway making this a prime location for future tenants.

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Dream Realty & Investments Inc

3030  W 12th Pl LOS ANGELES CA 90006 USA