8
See all 8 photos
$2,600,000
Est. payment /mo
3 Beds
1 Bath
1,667 SqFt
New
1517 W 12th ST Los Angeles, CA 90015
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,667 sqft
Price per Sqft $1,559
MLS Listing ID 25522369
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1920
Lot Size 6,242 Sqft
Lot Dimensions Assessor
Property Sub-Type Single Family Residence
Property Description
Discover the potential of this exceptional redevelopment opportunity at 1517 W 12th St, Los Angeles, CA 90015. Located in the vibrant Pico-Union neighborhood of Downtown LA, this 6,242 sq ft lot currently houses a vacant 1,667 sq ft single-family home built in 1920-primed for transformation. The property is fully entitled and permitted for a modern seven-story, 26-unit multifamily development, with all approvals and permits in place, allowing construction to begin immediately. The approved plans include:26 residential units (22 market-rate and 4 affordable) and 18 on-site parking spaces strategically positioned just minutes from Crypto.com Arena, LA Live, and the Los Angeles Convention Center, this location offers unbeatable access to entertainment, employment, and transportation hubs. With excellent connectivity via public transit and major freeways, future residents will enjoy seamless access throughout Los Angeles. This shovel-ready project is a rare find for developers, investors, and builders seeking to deliver a high-demand multifamily community in one of LA's fastest-growing neighborhoods. Don't miss this prime opportunity to tap into Los Angeles' thriving real estate market. Contact me today for full plans and additional details.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR4
Interior
Heating None
Cooling None
Flooring Wood
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Laundry None
Exterior
Pool None
View Y/N Yes
View City Lights
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5137025022
Special Listing Condition Standard
Listed by Kyungho Hwang • 4B Advisors Inc.