2300 W 12th Street, Los Angeles, CA 90006

• 9 beds |
• 6 baths |
• 4,032 sqft

Property Description

Discover a rare investment opportunity just minutes from Downtown LA's premier attractions: the LA Convention Center, Crypto.com Arena, USC, plus the vibrant dining and nightlife of Koreatown. Nestled in the bustling Mid-Wilshire district, this fully rented, six-unit asset delivers strong occupancy, steady cash flow and exciting upside potential. Key Highlights are Prime Corner Lot: 6,272 SF parcel at Hoover St. & 12th St., zoned LAR4 for future redevelopment, Spacious Living: 4,032 SF building across two stories, featuring: One 3 BR/2 BA unit, One 2 BR/1 BA unit, Two 1 BR/1 BA units, Two studio units. Ample Parking & ADU Potential: 10 dedicated spaces in rear lot with room to add an accessory dwelling unit. Effortless Connectivity with access to I-10, US-101 and I-110 freeways. Strong Financials: Current gross income of $116,184 , 6.5% cap rate at a list price of $1,295,000 (incorporating the new property tax basis). All tenants are current on rent, ensuring uninterrupted cash flow from day one. Whether you're seeking a stable, income-producing asset or a development play in one of L.A.'s most sought-after neighborhoods, this investment offers the best of both worlds. Schedule your private tour today and seize the opportunity to own a vibrant piece of Los Angeles real estate.

Listing Status:

Active

Date Added:

September 25, 2025 at 05:00AM

Listing Office:

Sunnyside Group : 213-388-5000

Listing Agent:

Roy Kwak : 213-388-5000

MLS ID:

25597289

Interior

• A/C: Wall/Window Unit(s)

Exterior

• Parking: PrivateUncoveredParking spaces: 10

Construction

• Roofing: Tile
• General: 2

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LAR45076015023

Utilities

• Sewer: Other

Financial

• Source: CRMLS_CL

This listing courtesy of Roy Kwak, Sunnyside Group