Millman Team Real Estate

$1,295,000
9 Bed
6 Bath
4,032 Sqft
0.14 Acre Lot

2300 W 12th Street, Los Angeles, California 90006

  • Residential Income Property Type
  • 4,032 Sqft Square Footage
  • Private Cars Garage
  • 1906 Year Built
Property Description

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 , 6.5% cap rate at a list price of $1,295,000 (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.

Basic Details
Residential Income
For Sale
25597289
$1,295,000
9
6
4,032 Sqft
1906
0.14 Acre
Active
: Tile
Features
: Wall/Window Unit(s)
: Private, Uncovered
: Other
$0
Address Map
CA
Los Angeles
Los Angeles
90006
12th
2300
Street
East
Heading south on Hoover St. from Olympic Blvd., property on the right side corner after 12th St.
C17 - Mid-Wilshire
W
LAR4
Additional Information
$0
$0
$0
$0
$0
4032
: Two
6
2025-09-25
2
2
Broker/Agent Information
Sunnyside Group
Roy Kwak
Listing Information
CLW-C142933
CLW-X80486
Active
2025-10-04T04:32:35Z
CRMLS
: Standard
2025-09-25T00:00:00Z
Agent info
Ray Millman
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