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$2,388,000
14 Days On Site

3030 W 12th Place
Los Angeles, CA 90006

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
1,936
SqFt
$1,233
/SqFt
1922
Built
County:
Los Angeles
Listed by Edward Kaminsky of eXp Realty of California, Inc [email protected]

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3030 W 12th Place3030 W 12th Place3030 W 12th Place3030 W 12th Place
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A Rare LA Development Opportunity—RTI & Ready to Rise Investors, developers, and visionaries—this is the moment you’ve been waiting for. Welcome to 3030 W 12th Place, where an RTI-approved, 17-unit project is ready to take shape in the heart of Los Angeles. Currently home to a fully vacant duplex, this site holds the blueprint for something much bigger: a five-story, 12,092 sqft multi-unit building designed for maximum efficiency and economic viability—without sacrificing quality. This project is designed to be both cost-smart and highly efficient. With on-grade parking rather than costly subterranean excavation, an exterior egress balcony that eliminates the need for extensive interior walls, and a wood-frame staircase in place of a heavy steel structure, every aspect has been carefully considered to keep costs down while maintaining integrity. Additionally, underground electric service from the power pole means there’s no need for an on-site transformer, streamlining the build even further. Unlike fully affordable developments, this project only requires two affordable ELI units, making it a rare find in the market. Adding to its appeal, two of the residences feature double-height ceilings with loft spaces, offering a premium, open-concept feel. With six parking spaces, a rooftop area, and a thoughtful design that balances economics with elegance, this project is primed for success. No guesswork, no costly surprises—just a streamlined path to a high-value asset. Opportunities like this don’t sit around in LA—are you ready to build the future of 3030 W 12th Place? Let’s make it happen. Email or text me for the PLANS.

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Listing Snapshot
Price 
$2,388,000
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,936 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.161 Acres
Year Built 
1922
MLS® Number 
SB25058933
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.161
Number Of Stories 
1
Parking Spaces 
2
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
1936
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Roof 
BarrelFlat
Community Features
Financing Terms Available 
CashConventionalSubmit
MLS Area 
C17 - Mid-Wilshire


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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