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3030 W 12th PlaceLos Angeles, CA 90006

For Sale

$1,289,000

Smart Buyer Rebate $12,890

Side-by-side 1,936 SF duplex on 7,010 SF of R4-1VL Tier 3 TOC land with significant redevelopment and expansion potential in the Heart of Koreatown. Delivered vacant, this property provides immediate income potential and long-term value with the possibility of adding 17 units by right, or 31 units with TOC incentives. Additionally, opportunities to build an ADU, a 4-plex, or pursue an Affordable Housing Project are all viable options. The existing duplex features two units, with one recently remodeled and move-in ready, and the other requiring some TLC. Classic period details such as wood floors and built-ins add charm and character to the units. The property includes two one-car garages with a screened-off area attached to each, offering convenient parking in the rear. Located just steps from Pico Blvd. and Western Ave. A Walker's Paradise with easy access to some of the best restaurants, shops, markets, public transit, and nightlife that Koreatown offers. Enjoy quick access to The Original El Cholo, USC, Staples Center, and the 10 Freeway making this a prime location for future tenants.

Listed by Elijah Shin

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License #01358906

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Dream Realty & Investments Inc

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213-550-9009

Last updated March 30, 2026

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Source: CRMLS #26667813

Listing Facts

  • TypeMulti-family
  • NeighborhoodOlympic Park
  • Bedrooms2
  • Days on Prevu41
  • Size1,936 sqft
  • Price per sqft$666

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

03/31/2026
Price Decreased
$1,289,000
03/21/2026
Listed by Dream Realty & Investments Inc
$1,389,000

Property Details for 3030 W 12th Place

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 1
  • Year Built: 1922

Measurements

  • Building Area Total: 1,936
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,013
  • Lot Size Square Feet: 7,013
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.41
  • Gross Income: $48,000.00

Taxes

  • Parcel Number: 5080012019

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave

Measurements

  • Living Area: 1,936

Rooms

  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2

Parking

Parking

  • Parking Features: Door-Multi, Garage

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 2 bedrooms in this multi-family home at 3030 W 12th Place.

How does 3030 W 12th Place compare to other multi-family homes in Olympic Park?

This multi-family home is listed 41% below the average price for multi-family homes in Olympic Park and has been on the market for 55 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,936 sqft.

3030 W 12th Place is a 2-bedroom multi-family home for sale in Los Angeles CA 90006. On Prevu for 41 days at $1,289,000. This includes a recent price decrease of $100,000. This residence features 1,936 square feet of living space, located in Olympic Park. The median listing price for multi-family homes in this area is $1,694,500. Additional amenities include dishwasher and parking. View other multi-family home listings in Los Angeles.

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.