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2300 W 12th Street
USD 1,375,000
Property ID: 24453971
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2300 W 12th Street ,90006
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icon 6274 SqFt
icon Built in 1906
icon USD 219/SqFt
icon 9 Beds
icon 6 Full
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Location Street View
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Interior Details
Bedrooms
9
Bathrooms
6
Interior Size
4032
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1906
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Detailed Introduction Of This Home
We are pleased to present this great investment income property in the heart of Los Angeles nearby Downtown LA (LA Convention Center, Crypto.com Arena, USC) and Korea-Town (bars, restaurants, and cafes). The Mid-Wilshire area is a highly dense neighborhood with high occupancy rates. The property has 6-Units and is Zoned LAR4 for future development potential on the corner of Hoover St. and 12th St. All tenants are current on rent. This 2-story apartment is an expansive 4,032 SF on a 6,272 SF lot with 10 parking spaces. Units consist of one 3 beds and 2 baths unit, one 2 beds and 1 bath unit, two 1 bed and 1 bath units, and two studio units. Easy access to the 10, 101, and 110 freeways. The cap rate of 5.9% is based on current gross income ($114,300) and expenses with the new property tax amount at the asking price of $1,375,000.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (13)
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2300 W 12th Street
USD 1,375,000 9 Beds
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