2300 W 12th Street
Los Angeles, CA, 90006 $ 1,325,000
Bedrooms9 Baths2.0 Sq 4,032 Monthly Estimate*
$ 8,158
Listed by Sunnyside Group
for $1,325,000 with 9 bedrooms and 2 full baths. This 4,032 square foot home was built in 1906 on a lot size of 0.144.
Discover a rare investment opportunity just minutes from Downtown LA's premier attractions: the LA Convention Center, Crypto.com Arena, USC, plus the vibrant dining and nightlife of Koreatown. Nestled in the bustling Mid-Wilshire district, this fully rented, six-unit asset delivers strong occupancy, steady cash flow and exciting upside potential. Key Highlights are Prime Corner Lot: 6,272 SF parcel at Hoover St. & 12th St., zoned LAR4 for future redevelopment, Spacious Living: 4,032 SF building across two stories, featuring: One 3 BR/2 BA unit, One 2 BR/1 BA unit, Two 1 BR/1 BA units, Two studio units. Ample Parking & ADU Potential: 10 dedicated spaces in rear lot with room to add an accessory dwelling unit. Effortless Connectivity with access to I-10, US-101 and I-110 freeways. Strong Financials: Current gross income of $116,184 , 6.3% cap rate at a list price of $1,325,000 (incorporating the new property tax basis). All tenants are current on rent, ensuring uninterrupted cash flow from day one. Whether you're seeking a stable, income-producing asset or a development play in one of L.A.'s most sought-after neighborhoods, this investment offers the best of both worlds. Schedule your private tour today and seize the opportunity to own a vibrant piece of Los Angeles real estate.
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FeaturesGeneralLiving Area 4032
Sewer Other
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Roof Tile
Zoning LAR4
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1906
Stories Count 2
Levels Two
Gross Income 116280
County Los Angeles
Net Operating Income 83667.5
New Construction false
Property Type Residential Income
HOA false
Facing Direction East
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash Conventional Private
Directions Heading south on Hoover St. from Olympic Blvd. property on the right side corner after 12th St.
City Los Angeles
Disclosures Seller Disclosure
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 6
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 6274
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
Cap Rate 6.3
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InteriorTotal Stories 2
Air Conditioning Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 9
Total Baths 6
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ExteriorParking Features Private Uncovered
Total Parking 10
Lot Size Area 6274
Number of Buildings 1
Building Area Total 4032
Lot Size Acres 0.144
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,158
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,831,267
Percent of Sale Price 38%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/17/2026 | $1,325,000 | 2.32% | Price Up |
| 11/20/2025 | $1,295,000 | | Listed Price |