Address
1543 W 12th Street Los Angeles, CA
Price
$ 1,800,000
Property Attributes
  • MLS#PW21043077
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90015
  • Style
  • Price$ 1,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,245 SqFt
Listing Provided Courtesy Of:
Steven Bogoyevac with Steven M. Bogoyevac, Broker.
Data Source:
CRMLS
Property Description

RTI multifamily development opportunity located at 1543 12th Street near Downtown Los Angeles. The property is located just west of Downtown and the 110 Freeway on the border of the Westlake and Pico Union neighborhoods. Westlake and Downtown have seen significant development in recent years, and this property’s location just a half-mile from Staples Center and convenient proximity to the freeway, retail, dining and entertainment options (WalkScore: 93), make it poised for redevelopment and future appreciation. 1543 12th Street consists of a 6,245-square foot lot zoned R4-1 that allows for 18 units buildable by-right (buyer to verify). The lot currently features a three-bedroom house. Current development plans call for the construction of a four-story, 18-unit building with 14 studios and four one-bedroom units, as well as subterranean parking.

Price History
3/2/2021 Listed $1,800,000

General Features

Community Features Urban
MLS Area C42 - Downtown L.A.
Property Type Land
Terms Cash, Cash to New Loan
View None
Zoning LAR4

Exterior Features

Lot Features Rectangular Lot
Lot Size Acres 0.14
Lot Size Area 6245
Lot Size Source Assessor
Lot Size Square Feet 6245
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90015

Price
AVG $1.28M
$1.8M
Visits
AVG 4
15
Walkscore
AVG 85
91
Data Provided by Walkscore ® not using MLS data

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