3020 W 12th, Los Angeles, CA 90006
- $1,400,000
- Sold Price
- $1,400,000
- List Price
- $1,459,000
- Closing Date
- Nov 10, 2025
- Status
- CLOSED
- MLS#
- SB25237055
- Year Built
- 1923
- Lot Size
- 13,193
- Acres
- 0.30
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 6
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
3020 W. 12th Street is a twelve-unit multifamily property located in a highly desirable area adjacent to Koreatown in Los Angeles. The building features twelve (12) one-bedroom, one-bathroom units situated on a large 13,193 square-foot lot with R4 zoning. Seven (7) of the units will be delivered vacant at closing, providing immediate potential for renovation and lease-up at market rents. The property also presents the possibility for additional income through the development of up to two (2) accessory dwelling units (ADUs); buyers are advised to verify all development potential and requirements with the City of Los Angeles. Positioned in the Mid-Wilshire submarket, the property offers convenient access to major employment centers, public transportation, and popular retail, dining, and entertainment destinations in Koreatown and Downtown Los Angeles.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 12
- Gross Scheduled Income
- $186,480
- Operating Expense
- 56581
Listing courtesy of Listing Agent: Edmon Lee (elee@LeeCommercialProperties.com) from Listing Office: Lee Commercial Properties.
Listing sold by Edmon Lee from Lee Commercial Properties
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.