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2375 W 12th StreetLos Angeles, CA 90006

For Sale

$2,350,000

Smart Buyer Rebate $23,500

2375 W 12th St | 11-Unit Multifamily at the Koreatown Westlake Border Built in 1923, the property consists of a well-balanced mix of (4) 2-bed/1-bath, (6) 1-bed/1-bath, and (1) studio unit, totaling 12,306 SF on a 13,999 SF LAR4 lot (~$167 land PSF). The building is fully occupied, producing $157,584 in annual income, with market rents supporting up to $275,490 annually a $117K+ upside. Priced at $2,350,000 (~$214K per unit / $191 per SF), the asset offers a 3.44% current cap rate and an 8.01% pro forma cap rate, with stable cash flow today and a clear path to higher returns. Six on-site parking spaces further strengthen tenant demand and revenue potential in a dense submarket where parking is limited. Property gets $450 per month from garages and $200 per month from Laundry.

Listed by Taylor Avakian

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License #02060040

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Lyon Stahl Investment Real Estate, Inc.

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916-996-4421

Last updated October 07, 2025

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Source: CRMLS #25600503

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico Union
  • Bedrooms10
  • Days on Prevu23
  • Size12,306 sqft
  • Price per sqft$191

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/18/2025
Status changed to Active
$2,350,000
10/17/2025
Status changed to Removed from Feed
$2,350,000
09/29/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$2,350,000

Property Details for 2375 W 12th Street

Exterior

Construction

  • Number Of Units Total: 11
  • Stories Total: 2
  • Year Built: 1923

Measurements

  • Building Area Total: 12,306
  • Lot Size Acres: 0.32
  • Lot Size Area: 14,003
  • Lot Size Source: Owner
  • Lot Size Square Feet: 14,003
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.44
  • Gross Income: $157,584.00

Taxes

  • Parcel Number: 5076012009

Interior

Measurements

  • Living Area: 12,306

Rooms

  • Bathrooms Total Integer: 11
  • Bedrooms Total: 10

Parking

Parking

  • Parking Total: 6

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.