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3014 W 12th St
Los Angeles, CA 90006 Koreatown

$1,195,000 USD

Apartments For Sale  •  4,230 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,230 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1923
  • Zoning LAR4
65 Transit Score
93 Walk Score

Description

Koreatown quadruplex for sale: Two 1-bedroom/1-bath units and two 3-bedroom/1.5 bath units. Current actual $20,142 annual net operating income. Excellent upside! Under market rents. Potential development site. Located one block east of Western Ave and two blocks north of Pico Blvd. Zoned LA R4. Built 1923. Asking $298,750 per unit.

Highlights

4-Unit Multi-Family Apartment for Sale
Upside Potential! Under Market Rents
Potential Development Opportunity
Located in the Heart of Koreatown

Property Flyers

Financial Summary (Actual)

Net Operating Income: $20,142 USD (2024)
Total Expenses: $21,391 USD

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 11 min - 5.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 5.3 mi
Transit/SubwayDriveWalkDistance
Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
Los Angeles International 22 min - 12.1 mi
Bob Hope 23 min - 12.9 mi
Long Beach (Daugherty Field) 33 min - 23.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Ron Kim 213-222-1209 Major Properties
Ron Kim 213-222-1209 Major Properties