Los Angeles, CA 90015 1647 W 12th Place 7
$1,344,500
16 more
Presented By: Koeun Hwang with Happy Haus Inc.;
- MLS# 25512375
- 03/17/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 6
Baths • 4
SQFT • 2,662
Home Details
Rare opportunity in the up-and-coming Pico-Union area, near Downtown! Three of the four units have been remodeled, offering modern living spaces. All units are occupied. Great rental income. The property features a spacious parking area in the rear, with ample room to build an ADU, significantly increasing the property's value. Become a homeowner in the rapidly developing Pico-Union neighborhood. Three units are currently tenant occupied, and one unit is vacant. HPOZ
Presented By: Koeun Hwang with Happy Haus Inc.;
Interior Features for 1647 W 12th Place 7
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 1647 W 12th Place 7
Additional Parcels Y/NNo
Architectural StyleSpanish
Attached Garage No
Cap Rate5.2
Carport Y/NYes
CityLos Angeles
CountyLos Angeles
DirectionsSouth of Olympic, West of Union
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income96948.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6252.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income70748.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces8.0
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Taxes$15,000
Trash Expense3400.0
Unit Number7
ViewNone
Water Sewer Expense3600.0
Waterfront Y/NNo
Year Built1918
ZoningLARD1.5
Exterior for 1647 W 12th Place 7
Building Area Total2662.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1435
Lot Size Area6252.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, Carport, Paved, OneSpace
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate