CA > Los Angeles
Los Angeles, CA 90006,3030 W 12th Place
Los Angeles, CA 90006,3030 W 12th Place
Los Angeles, CA 90006,3030 W 12th Place
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$2,388,000
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2 Beds
2 Baths
1,936 SqFt
Active

3030 W 12th Place Los Angeles, CA 90006

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Richard Combs

Richard Combs

+1(619) 838-9307

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Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,936 sqft

Price per Sqft $1,233

MLS Listing ID SB25055264

Style Townhome

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1922

Lot Size 7,013 Sqft

Acres 0.161

Property Sub-Type Townhome

Property Description

A Rare LA Development OpportunityRTI & Ready to Rise Investors, developers, and visionariesthis is the moment youve 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 viabilitywithout 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 theres 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 surprisesjust a streamlined path to a high-value asset. Opportunities like this dont sit around in LAare you ready to build the future of 3030 W 12th Place? Lets make it hap
A Rare LA Development OpportunityRTI & Ready to Rise Investors, developers, and visionariesthis is the moment youve 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 viabilitywithout 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 theres 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 surprisesjust a streamlined path to a high-value asset. Opportunities like this dont sit around in LAare you ready to build the future of 3030 W 12th Place? Lets make it happen. Email or Text for PLANS

Location

State CA

County Los Angeles

Area Los Angeles (90006)

Zoning LAR4

Interior

Flooring Laminate

Fireplaces Type FP in Living Room

Exterior

Parking Features Garage

Garage Spaces 2.0

View Neighborhood

Roof Type Flat

Total Parking Spaces 2

Building

Lot Description Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $30

Acceptable Financing Cash, Conventional, Land Contract, Cash To New Loan

Listing Terms Cash, Conventional, Land Contract, Cash To New Loan

Special Listing Condition Standard

San Diego Regional MLS (SDMLS)
Listed by Edward Kaminsky • eXp Realty of California, Inc

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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3030 W 12th Place

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