USACALos Angeles3030 W 12Th St
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$1,190,000

For Sale

5 hours ago

3030 W 12Th St, Los Angeles, CA

House

MLS® 26843211

2 Bed

2 Bath

1936 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 1936 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1922
Avg. Price Per Sqft $614
MLS® Number 26843211

Property Address: 3030 W 12th St, LOS ANGELES, CA, 90006

Average square foot calculated using Size range provided by listing agent.

Description

Prime Koreatown development opportunity delivered fully vacant! Situated on a 7, 013 SF R4-1VL lot, 3030 W 12th Pl offers exceptional redevelopment potential in one of Los Angeles' most active multifamily corridors. A new owner may build up to 49 units via the Affordable Housing Incentive Program (100% affordable) which makes the most sense for the location and the tax incentive. This parcel allows 17 units by-right under the current RSO but the 1VL caps the by-right height at 45ft. The property currently features a side-by-side 1, 936 SF duplex with one remodeled unit and one unit ready for value-add improvements. Existing details include original wood floors and built-ins, along with two one-car garages located at the rear of the property. Also available are approved RTI (Shovel-Ready) approved plans for a 5-story, 17-unit multi-family building spanning 12, 092 SF. The project has been brilliantly engineered for maximum ROI and cost efficiency: features on-grade surface parking (zero subterranean excavation), exterior egress balconies, and underground electric designed to bypass the need for an expensive transformer with only 2 ELI units. Centrally located near Pico Blvd and Western Ave, this property sits in a highly walkable neighborhood surrounded by restaurants, markets, nightlife, and public transportation. Convenient access to USC, Crypto.com Arena, DTLA, and the 10 Freeway makes this an ideal opportunity for developers, investors, and long-term land holders alike. Pls inquire for the RTI plan and/or site sturdy with the latest density incentives.
MLS® Number26843211
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1922
Basement
DrivewayDoor Multi, Driveway, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 10, 2026List Date
$1,190,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 21, 2026List Date
$1,289,000List Price
-End Date
Not Sold YetSold Price

For Rent

Apr 10, 2026List Date
$2,200List Price

Home Appraisal

This property is estimated to sell between: $1,177,000 and $1,197,000.
Similar properties in this area sold on average for: $1,177,000
Expect to pay under asking. 100% of similar properties sold for less than the asking price.
Expected to sell in 19 days. Similar properties sold in 19 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
3030 W 12Th St, Los Angeles, CA

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