SoldOct 1, 2021

Listed by Dario Svidler

Bought with Christopher Martinez Diaz

Source: Combined LA Westside Multiple Listing Service, Inc #21752476

3030 West 12th Place, Los Angeles, CA, 90006

$1,310,000

2
2
2
1936 sq. ft.
7010 sq. ft.

Other

30+ days on the market

Sold: Oct 1, 2021

What's around 3030 West 12th Place

About this property

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!

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