Los Angeles, CA 90006 3030 W 12th Place

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Presented By: Edward Kaminsky with eXp Realty of California, Inc; 310-427-2414
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SB25056027
  • 03/20/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 2
  • SQFT • 1,936
  • Garage • 2

Home Details

A Rare LA Development Opportunity—RTI & Ready to Rise Investors, developers, and visionaries—this is the moment you’ve been waiting for. Welcome to 3030 W 12th Place, where an RTI-approved, 17-unit project is ready to take shape in the heart of Los Angeles. Currently home to a fully vacant duplex, this site holds the blueprint for something much bigger: a five-story, 12,092 sqft multi-unit building designed for maximum efficiency and economic viability—without sacrificing quality. This project is designed to be both cost-smart and highly efficient. With on-grade parking rather than costly subterranean excavation, an exterior egress balcony that eliminates the need for extensive interior walls, and a wood-frame staircase in place of a heavy steel structure, every aspect has been carefully considered to keep costs down while maintaining integrity. Additionally, underground electric service from the power pole means there’s no need for an on-site transformer, streamlining the build even further. Unlike fully affordable developments, this project only requires two affordable ELI units, making it a rare find in the market. Adding to its appeal, two of the residences feature double-height ceilings with loft spaces, offering a premium, open-concept feel. With six parking spaces, a rooftop area, and a thoughtful design that balances economics with elegance, this project is primed for success. No guesswork, no costly surprises—just a streamlined path to a high-value asset. Opportunities like this don’t sit around in LA—are you ready to build the future of 3030 W 12th Place? Let’s make it happen. Text or email for PLANS.
Presented By: Edward Kaminsky with eXp Realty of California, Inc; 310-427-2414

Interior Features for 3030 W 12th Place

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 3030 W 12th Place

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
DirectionsTake S Western Ave and turn East on W 12th St
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional, Submit
Lot Size Square Feet7013.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total2
Operating Expense0.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofBarrel, Flat
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot6
Trash Expense0.0
Water Sewer Expense0.0
Year Built1922
Year Built SourcePublicRecords
ZoningLAR4

Exterior for 3030 W 12th Place

Building Area Total1936.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.161
Lot Size Area7013.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway, Garage
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,995,000
MLS#SB25056027
List Date 03/20/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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