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3014 W 12th St, Los Angeles, CA 90006
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3014 W 12th St Los Angeles, CA 90006

$980,000 Sold Price as of 05/23/2019
  • 8 Beds
  • 7 Baths
  • 4,231 Sq.Ft.
Sold
$980,000 Sold Price as of 05/23/2019 Refinance Your Mortgage
Map preview of 3014 W 12th St, Los Angeles, CA 90006

Property Overview: 3014 W 12th St Los Angeles, CA has 8 bedrooms, 7 bathrooms, 4,231 living square feet and 6,199 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ****** RENT CONTROL UNITS ******* TWO SEPARATE BUILDINGS! Golden opportunity to own a 4 unit property that is walking distance to Western with amazing future development centralized around Koreatown. Long driveway and plenty of parking between two separate buildings. No garage. All tenants are long term and on month-to-month lease. Only a building away from The Los Angeles Elementary School. Close to Seoul International Park, Normandie Park and Benny H. Potter West Adams Avenues Memorial Park, Staples Center, L.A. Live, Los Angeles Convention Center, USC, 110 and 10 freeways. Very easy to manage with very few calls for repair requests. A great opportunity for investors with great vision. Front building consists of (2) 3 bedrooms with 1.25 baths each. Back building consists of (1)1 bedrooms with 1 bath upstairs & (1) 1 Bedroom with 1.5 bath downstairs. Separated electricity and gas meter, owner pays water. Property is sold in "AS IS" condition. Do not disturb tenants, do not walk on property. Offer subject to interior inspection with an accepted offer.

Listed by Paul Huang | BRE #01068912 | ReMax 2000 Realty
Co-listed by Janet Lu | BRE #01403197 | ReMax 2000 Realty
Last checked: 3 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
6,199
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
TR19076216
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $940
  • Total Rent: $1,880
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $660
  • Total Rent: $660
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $660
  • Total Rent: $660
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,240
  • Net Operating Income: $2,681
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $559
  • New Taxes: $12,250
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $5,508

Property Details for 3014 W 12th St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Concrete
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5080011024
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W/Western and S/Olympic
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 3014 W 12th St

Last sold for $980,000 on May 23rd, 2019

  • September, 2021

  • Sep 15, 2021

    Date

    Active

    CRMLS: 21779882

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    RENT CONTROL UNITS! TWO SEPARATE BUILDINGS! Golden opportunity to own a 4 unit property that is walking distance to Western with amazing future development centralized around Koreatown. Long driveway and plenty of parking between two separate buildings. No garage. All tenants are long term and on month-to-month lease. Only a building away from The Los Angeles Elementary School. Close to Seoul International Park, Normandie Park and Benny H. Potter West Adams Avenues Memorial Park, Staples Center, L.A. Live, Los Angeles Convention Center, USC, 110 and 10 freeways. Very easy to manage with very few calls for repair requests. A great opportunity for investors with great vision. Front building consists of 2 units 3 bedrooms with 1.25 baths each. Back building consists of 1 unit is 1 bedrooms with 1 bath upstairs, 1 unit is 1 Bedroom with 1.5 bath downstairs. Separated electricity and gas meter, owner pays water. Property is sold in AS IS condition. Do not disturb tenants, do not walk on property. Offer subject to interior inspection with an accepted offer.

  • May, 2019

  • May 23, 2019

    Date

    Sold

    CRMLS: TR19076216

    $980,000

    Price

  • May 4, 2019

    Date

    Active Under Contract

    CRMLS: TR19076216

    $998,000

    Price

  • Apr 5, 2019

    Date

    Active

    CRMLS: TR19076216

    $998,000

    Price

  • May, 2019

  • May 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $980,000

    Price

Show More

Tax History for 3014 W 12th St

Assessed Value (2020): $999,600
Year Land Value Improved Value Assessed Value
2020 $699,720 $299,880 $999,600

Home Value Compared to the Market

This property vs the competition

3014 W 12th St sold on May 23, 2019 for 16.13% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $235.88 per/sqft which puts the price per square foot 68.76% lower than the current median sale per square foot for the city of Los Angeles.

About 3014 W 12th St

Detailed summary of property

3014 W 12th St is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 8 bedrooms, 7 bathrooms, roughly 4,231 living square feet, and sits on an approximately 6,199 square foot lot. 3014 W 12th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $980,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.13% lower than the current median priced home. Local homes that are currently for sale include 2621 Juliet St, 2621 Juliet St and 2000 7th Ave. While the average home in Los Angeles, CA is selling in 94 days, 3014 W 12th St has a days on market of 29 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 3014 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 3014 W 12th St

Public county record property details
Beds
8
Baths
4
Year built
1923
Sq. Ft.
4,231
Lot Size
6,198
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10-12
APN
5080-011-024

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.
$602
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
38
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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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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