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2553 W 12Th St

Los Angeles, CA 90006
  • $1,200,000
  • STATUS: Active
  • ON SITE: 15 days
  • ID#: 21-761268
Price Reduced
$1,200,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,120
    SQFT
  • $291
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Ratings & Info

Description

LAST CALL FOR OFFERS ** PRICE DROPPED $50,000 FOR QUICK CLOSING ** CURRENTLY EXISTING 7 UNITS. LAND VALUE ONLY. BY RIGHT 14 UNITS, TOC WILL ALLOW 26 UNITS & HEIGHT OF 67 FT. (REPORT CAN BE EMAILED) OPPORTUNITY ZONE!! R-4. This is a land value. 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. Buyer to verify all facts and do their own due diligence. Delivered 100% VACANT. MOTIVATED SELLER!!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-30T23:42:36.523. 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/119340549
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2553 W 12Th St Los Angeles, CA 90006

  • Price: $1,200,000
  • Status: Active
  • ID#: 21-761268
8
Beds
0
Baths
0
½ Baths
0.14
Acres
4,120
SQFT
$291
$/SQFT
1923
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
LAST CALL FOR OFFERS ** PRICE DROPPED $50,000 FOR QUICK CLOSING ** CURRENTLY EXISTING 7 UNITS. LAND VALUE ONLY. BY RIGHT 14 UNITS, TOC WILL ALLOW 26 UNITS & HEIGHT OF 67 FT. (REPORT CAN BE EMAILED) OPPORTUNITY ZONE!! R-4. This is a land value. 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. Buyer to verify all facts and do their own due diligence. Delivered 100% VACANT. MOTIVATED SELLER!!
Exterior Features

Cross Streets Vermont Lot Size Area 5996 Other Structures None Parking Garage None Total Parking 1

Interior Features

Baths Total 7.00 Cooling None Equipment None Heating None

Property Features

Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 6 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 7 Sale Type Standard Source Living Area Title Company Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Assessor Total Annual Expense 0 Type Of Units Residential Year Built Source Vendor Enhanced 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 2021-07-30T23:42:36.523. 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