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2300 W 12th Street

Los Angeles (City), CA 90006
  • $1,419,000
  • STATUS: Active Under Contract
  • ON SITE: 260 Days
  • MLS #: RS21092442
Under Contract
UPDATED: 55 min ago
$1,419,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1906
County:

School Ratings & Info

Listing Agent(s): Jason Hong of Team Spirit Realty (714-562-0404)


Description

Back on the Market!!! BIG PRICE REDUCED FOR A QUICK SALE!!! GREAT INVESTMENT & DEVELOPMENT OPPORTUNITY 6-Unit APARTMENT BUILDING ON THIS LAR-4 ZONING AREA, TOC TIER 2 LOT. NEWLY PAINTED OUTSIDE TWO STORIES VICTORIAN-STYLE BUILDING (SIZE:4,032 SQ FT) WITH LARGE LOT (SIZE 6,272 SQ FT.). THIS PROPERTY LOCATED AT THE CORNER OF HOOVER STREET AND W. 12TH STREET, NEXT TO THE PUBLIC TRANSPORTATION BUS STOP. CENTRALLY LOCATED TO L.A. LIVE, STAPLES, CONVENTION CENTER, DOWNTOWN L.A., KOREA TOWN, AND USC CAMPUS. THIS INCOME PROPERTY IS SET UP AS SIX (6) UNITS. SOLD WITH TENANTS IN THE PLACES. THERE ARE FENCED 10 PARKING OPEN SPACES AVAILABLE. THE SELLER HAS UPGRADED/REPLACED ALL PLUMBING, SEWER LINE, AND KITCHENS ACCORDING TO THE L.A. CITY BUILDING CODE FOR A PERIOD OF A COUPLE OF YEARS RECENTLY. THIS PROPERTY IS TO BE SOLD IN AS A "AS-IS CONDITION". PLEASE DRIVE BY OR WALK AROUND ONLY. DO NOT GO DIRECTLY. DO NOT DISTURB CURRENT OCCUPANTS.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-18T07:28:14.42. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/116686257
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2300 W 12th Street Los Angeles (City), CA 90006

  • Price: $1,419,000
  • Status: Active Under Contract
  • On Site: 260 Days
  • Updated: 55 min ago
  • MLS #: RS21092442
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1906
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
Back on the Market!!! BIG PRICE REDUCED FOR A QUICK SALE!!! GREAT INVESTMENT & DEVELOPMENT OPPORTUNITY 6-Unit APARTMENT BUILDING ON THIS LAR-4 ZONING AREA, TOC TIER 2 LOT. NEWLY PAINTED OUTSIDE TWO STORIES VICTORIAN-STYLE BUILDING (SIZE:4,032 SQ FT) WITH LARGE LOT (SIZE 6,272 SQ FT.). THIS PROPERTY LOCATED AT THE CORNER OF HOOVER STREET AND W. 12TH STREET, NEXT TO THE PUBLIC TRANSPORTATION BUS STOP. CENTRALLY LOCATED TO L.A. LIVE, STAPLES, CONVENTION CENTER, DOWNTOWN L.A., KOREA TOWN, AND USC CAMPUS. THIS INCOME PROPERTY IS SET UP AS SIX (6) UNITS. SOLD WITH TENANTS IN THE PLACES. THERE ARE FENCED 10 PARKING OPEN SPACES AVAILABLE. THE SELLER HAS UPGRADED/REPLACED ALL PLUMBING, SEWER LINE, AND KITCHENS ACCORDING TO THE L.A. CITY BUILDING CODE FOR A PERIOD OF A COUPLE OF YEARS RECENTLY. THIS PROPERTY IS TO BE SOLD IN AS A "AS-IS CONDITION". PLEASE DRIVE BY OR WALK AROUND ONLY. DO NOT GO DIRECTLY. DO NOT DISTURB CURRENT OCCUPANTS.
Exterior Features

Lot Features Near Public TransitPavedRectangular LotStreet LevelValue In Land Number Of Separate Electric Meters 7 Open Parking Spaces 10 Parking Features AssignedAsphaltOne Space Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Interior Features

Common Walls 1 Common Wall Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsUrban Disclosures Rent Control Electric Expense 1000 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 91872 Insurance Expense 2200 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 1500 Net Operating Income 60972 New Construction YN No New Taxes Expense 17000 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 30900 Pest Control Expense 600 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1800 Vacancy Allowance 0 Water Sewer Expense 5300 Water Source Public Zoning Lar4



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-18T07:28:14.42. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Jason Hong of Team Spirit Realty (714-562-0404)