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3030 W 12th Pl Los Angeles, CA 90006

$1,310,000 Sold Price as of 10/01/2021

2 Beds
2 Baths
1,936 Sq.Ft.

Sold

$1,310,000 Sold Price as of 10/01/2021 Refinance Your Mortgage

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Map preview of 3030 W 12th Pl, Los Angeles, CA 90006

Property Overview: 3030 W 12th Pl Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,936 living square feet and 7,010 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to exclusively present for sale a vacant, side-by-side 1,936 SF Duplex with redevelopment or expansion potential situated in Koreatown! With 7,010 SF of R4-1VL Tier 3 TOC land, a new owner may build 17 Units by Right or 31 with TOC. Alternately, adding units by ADU for the parking benefits, building a 4Plex or doing an Affordable Housing Project are other potential options. The existing Duplex, with one unit recently remodeled and in move-in condition and the other unit needing a little TLC, boasts period built-ins and wood floors. The property has two one-car garages and a screened-off area attached to the garages. The property is a stones throw to the intersection of Pico Blvd. and Western Ave. in what Walk Score calls a Walkers Paradise, with restaurants, shops, markets, public transportation and nightlife. Located 0.2 Miles to The Original El Cholo, under one mile to the 10 Freeway On-Ramp, 2.7 miles to the Staples Center and 3 miles to USC, this location will find you the tenants you seek. Priced to sell at under $200 PSF on the land and $45k per unit on the maximum density potential!

Listed by Dario Svidler | BRE #01884474 | Compass

Last checked: 12 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 86

Home details

Lot Sq. Ft: 7,010
HOA Dues: $0/mo
Year built: 1922
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: 21752476
City: Los Angeles
County: Los Angeles
Time on Site: 1193 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 2
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 0
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $0

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 3030 W 12th Pl

Interior Features

Cooling Information

No Cooling
None

Heating Information

Has Heating
Wall Furnace

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 2
Has Parking
Parking Features: Garage - Two Door, Driveway

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 2
Parcel Number: 5080012019

Homeowners Association, Utilities, Taxes / Assessments

Homeowners Association

Is Not Part of Association

Location / Neighborhood

Location Information

Directions: Just East of Western and just north of Pico Blvd.

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Local Los Angeles Agent

Sale History for 3030 W 12th Pl

Last sold for $1,310,000 on October 1st, 2021

September, 2021
Sep 16, 2021

Date

Active Under Contract

CRMLS: 21752476

$1,390,900

Price
Jun 23, 2021

Date

Active

CRMLS: 21752476

$1,390,900

Price
September, 2021
Sep 16, 2021

Date

Active Under Contract

CRMLS: 21752182

$1,390,900

Price
Jun 23, 2021

Date

Active

CRMLS: 21752182

$1,390,900

Price
Listing provided courtesy of CRMLS

We are proud to exclusively present for sale a side-by-side 1,936 SF Duplex with redevelopment or expansion potential situated in Koreatown that will be delivered vacant! With 7,010 SF of R4-1VL Tier 3 TOC land, a new owner may build 17 Units by Right or 31 with TOC. Alternately, adding units by ADU for the parking benefits, building a 4Plex or doing an Affordable Housing Project are other potential options. The existing Duplex, with one unit recently remodeled and in move-in condition and the other unit needing a little TLC, boasts period built-ins and wood floors. The property has two one-car garages and a screened-off area attached to the garages. The property is a stones throw to the intersection of Pico Blvd. and Western Ave. in what Walk Score calls a Walkers Paradise, with restaurants, shops, markets, public transportation and nightlife. Located 0.2 Miles to The Original El Cholo, under one mile to the 10 Freeway On-Ramp, 2.7 miles to the Staples Center and 3 miles to USC, this location will find you the tenants you seek. Priced to sell at under $200 PSF on the land and $45k per unit on the maximum density potential!

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March, 2021
Mar 20, 2021

Date

Sold

CRMLS: WS21004313

$915,000

Price
Mar 2, 2021

Date

Active Under Contract

CRMLS: WS21004313

$930,000

Price
Jan 23, 2021

Date

Pending

CRMLS: WS21004313

$930,000

Price
Jan 16, 2021

Date

Active

CRMLS: WS21004313

$930,000

Price
Listing provided courtesy of CRMLS

Investment opportunity!!! Duplex side-by-side units located in Koreatown area in the heart of Los Angeles. Parking in the rear. One of the units was recently upgraded. Close to restaurants, shops and just minutes from Staple Center, LA Convention Center, USC and DTLA.

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Tax History for 3030 W 12th Pl

Assessed Value (2020): $838,883

Year	Land Value	Improved Value	Assessed Value
2020	$627,810	$211,073	$838,883

Home Value Compared to the Market

This property vs the competition

3030 W 12th Pl sold on October 1, 2021 for 24.19% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $718.44 per/sqft which puts the price per square foot 0.77% lower than the current median sale per square foot for the city of Los Angeles.

About 3030 W 12th Pl

Detailed summary of property

3030 W 12th Pl is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,936 living square feet, and sits on an approximately 7,010 square foot lot. 3030 W 12th Pl was first listed on ArdentRealEstateGroup.com on June 23, 2021. The homeowner sold the property for $1,310,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.19% higher than the current median priced home. Local homes that are currently for sale include 1232 S Kenmore Ave, 2012 S La Salle Ave and 1409 Arlington Ave. While the average home in Los Angeles, CA is selling in 106 days, 3030 W 12th Pl has a days on market of 86 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 3030 W 12th Pl 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 3030 W 12th Pl

Public county record property details

Beds: 2
Baths: 2
Year built: 1922
Sq. Ft.: 1,936
Lot Size: 7,010
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5080-012-019

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.

$608

Median Sold Price

$760,000

Median Sold Price/Sq.Ft.

$597

Total Inventory

Median Sale to List Price %

87.46%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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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.