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2531 W 12th St, Los Angeles, CA 90006
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2531 W 12th St Los Angeles, CA 90006

$999,000
  • 3 Beds
  • 2 Baths
  • 1,574 Sq.Ft.
Back Up Offer
$999,000 Get Pre-Qualified
Map preview of 2531 W 12th St, Los Angeles, CA 90006

Property Overview: 2531 W 12th St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,574 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Best priced R4 lot! Excellent Opportunity for Developer or Owner User to build in the future. R4-1VL Zoning, Corner Lot, 50ft x 120 ft (approx. buyers to verify). Buildable 14 units By-right. TOC Tier 3 designation gives added density. Use Initiative ED1 to allow for even more density of approximately 35-45 units. (Buyers to verify) Walking distance to future Target Store under construction at the corner of Vermont and Olympic . Current house sits as a 4 bedroom 2 bathroom layout. A owner user can also live in the house or rent it out and develop the property to its full potential in the future. The possibilities are endless. Once in a lifetime opportunity! CORNER LOT! 50 ft Wide Lot! 6,000 sqft Lot!

Listed by Fernando Jaramillo | BRE #01317271 | Cal Mutual
Co-listed by Fernando Jaramillo | BRE #01317271 | Cal Mutual
Last checked: 11 minutes ago | Last updated: April 18th, 2024 | Source CRMLS | DOM: 49
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Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
1911
Garage
2 Car
Property Type:
Single Family Home
Status
Back Up Offer
MLS#
AR24033254
City
Los Angeles
County
Los Angeles
Time on Site
51 days

Open Houses for 2531 W 12th St

No upcoming open houses

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Property Details for 2531 W 12th St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 1
  • Bonus Room
Kitchen Information
  • No Appliances
  • None
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage
  • No Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5078027006
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Unknown
  • Water Source: Private, Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Vermont & Olympic
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 2531 W 12th St

View property's historical transactions

  • April, 2024

  • Apr 18, 2024

    Date

    Back Up Offer

    CRMLS: AR24033254

    $999,000

    Price

  • Mar 6, 2024

    Date

    Active

    CRMLS: AR24033254

    $1,100,000

    Price

Tax History for 2531 W 12th St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

2531 W 12th St is listed 20.02% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $634.69 per/sqft which puts the price per square foot 17.79% lower than the median price per square foot for the city of Los Angeles.

About 2531 W 12th St

Detailed summary of property

2531 W 12th St is a single family home located in Los Angeles, CA 90006 and is currently in escrow to be sold. This house offers 3 bedrooms, 2 bathrooms, roughly 1,574 living square feet, and sits on an approximately 6,000 square foot lot. 2531 W 12th St was first listed on ArdentRealEstateGroup.com on March 6, 2024. The homeowner is currently asking $999,000 and was originally asking $1,100,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.02% lower than the median priced home. Local competing homes currently for sale include 727 S Ardmore Ave #802, 3223 W 6th St #806 and 1146 S Oxford Ave. While the average home in Los Angeles, CA is selling in 97 days, 2531 W 12th St has a days on market of 49 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 2531 W 12th St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2531 W 12th St

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
--
Lot Size
--
Stories
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Type
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Pool
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Spa
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County
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Lot#
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APN
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The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$611
Median Sold Price
$630,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
31
Median Sale to List Price %
90.13%
Avg Days on Market
180
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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