2300 12th Street, Los Angeles

$1,390,000

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9 Beds
9 Baths
.14 Acre
10 Garages

"PRICE REDUCED FOR A QUICK SALE" LAR4 ZONING 6-UNIT APT IN THE HEART OF LOS ANGELES!!! GREAT INVESTMENT & DEVELOPMENT OPPORTUNITY 6-Unit APARTMENT BUILDING ON THIS LAR-4ZONING AREA , TOC TIER 2 LOT on a busy HOOVER ST. TWO STORIES VICTORIAN-STYLE BUILDING, SIZE:4,032 SQ FT, WITH LARGE LOT (SIZE APP. 6,272 SQ FT.) WITH ASSIGNED 10 PARKING LOTS. THIS PROPERTY LOCATED AT THE CORNER OF HOOVER STREET AND W. 12TH STREET, NEXT TO THE PUBLIC TRANSPORTATION BUS STOP. CENTRALLY LOCATED TO L.A. LIVE, STAPLES, CONVENTION CENTER, DOWNTOWN L.A., KOREA TOWN, AND USC CAMPUS. THIS INCOME PROPERTY IS SET UP AS SIX (6) UNITS. SOLD WITH TENANTS IN THE PLACES. THERE ARE FENCED 10 PARKING OPEN SPACES AVAILABLE. THE SELLER HAS UPGRADED/REPLACED ALL PLUMBING, SEWER LINE, AND KITCHENS ACCORDING TO THE L.A. CITY BUILDING CODE FOR A PERIOD OF A COUPLE OF YEARS RECENTLY. THIS PROPERTY IS TO BE SOLD IN AS A "AS-IS CONDITION". PLEASE DRIVE BY OR WALK AROUND ONLY. DO NOT GO DIRECTLY. DO NOT DISTURB CURRENT OCCUPANTS. ALL CURRENT TENANTS ARE

PAY RENT ON TIME MONTHLY AND VERY COOPERATIVE TO THE LANDLORD. VERY EASY ACCESS TO/FROM FWY 10, 101 AND110.THIS PROPERTY IS TO BE SOLD IN AS A "AS-IS CONDITION". PLEASE DRIVE BY OR WALK AROUND ONLY. DO NOT GO DIRECTLY. DO NOT DISTURB CURRENT OCCUPANTS.

Essential Information

MLS® #
RS24023789
Price
$1,390,000
Bedrooms
9
Bathrooms
9.00
Acres
0.14
Year Built
1906
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
2300 12th Street
Area
C17 - Mid-Wilshire
City
Los Angeles
County
Los Angeles
Zip Code
90006
Community Features
Urban
Senior Community
N

Amenities

Parking Spaces
10
Parking
Assigned
# of Garages
10
Garages
Assigned
Pool
None

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected

Interior

# of Stories
2
Stories
Two

Exterior

Exterior
Stucco
Roof
Shingle
Construction
Stucco
Foundation
Concrete Perimeter

Lot Description

Near Public Transit, Street Level

Additional Information

Date Listed
February 1st, 2024
Days on Market
89
Zoning
LAR4

Listing Details

Agent
Jason Hong
Office
Team Spirit Realty
Property History
Price Reduced from $1,450,000 to $1,390,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 5:50am PDT. 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.