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    2553 W 12Th St

    Los Angeles, CA 90006
    • $1,500,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 21-694088
    UPDATED: 65 min ago
    $1,500,000
    • 16
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,841
      SQFT
    • $95
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:
    Area:

    School Ratings & Info

    Description

    This is a land value deal with PZ-approved architectural plans for 16 units. Delivered Vacant at COE. RARE R4 ZONING IN OPPORTUNITY ZONE!! 65 X 92 DIMENSION!! The property is zoned R4-1VL, TOC Tier 3, and is within an opportunity zone. The TOC density bonus of 70% allows more units to be built in that location. The property could be developed if desired. All plans & permits are solely for informational purposes. Buyer to verify all information and do their own due diligence with the City of Los Angeles.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T21:42:40.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/114288779
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    2553 W 12Th St Los Angeles, CA 90006

    • Price: $1,500,000
    • Status: Active
    • Updated: 65 min ago
    • ID#: 21-694088
    16
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    15,841
    SQFT
    $95
    $/SQFT
    1923
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    This is a land value deal with PZ-approved architectural plans for 16 units. Delivered Vacant at COE. RARE R4 ZONING IN OPPORTUNITY ZONE!! 65 X 92 DIMENSION!! The property is zoned R4-1VL, TOC Tier 3, and is within an opportunity zone. The TOC density bonus of 70% allows more units to be built in that location. The property could be developed if desired. All plans & permits are solely for informational purposes. Buyer to verify all information and do their own due diligence with the City of Los Angeles.
    Exterior Features

    Covered Parking 8 Direction Faces South Lot Size Area 5996 Other Structures None Parking Garage Assigned Style Contemporary Total Parking 8 View Description Any View YN Yes

    Interior Features

    Baths Total 20.00 Common Walls Attached Cooling None Equipment None Heating None

    Property Features

    Assessed Total Value 202597 Gross Income 422400 Gross Operating Income 422400 Land Lease Type Fee Like Units1 4 Like Units2 8 Like Units3 4 Net Operating Income 300000.00 Number Of Buildings 1 Number Of Units 16 Sale Type Standard Source Living Area Developer Source Lot Size Area Assessor Tenant Pays ElectricityCable TvGasInsurance Total Annual Expense 122400 Type Of Units 2 X 1 X 0 Year Built Source Assessor Zoning Lar4

    Listing provided courtesy of Max Lee DRE#01905008 of Exp Realty Of California Inc.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T21:42:40.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583