2375 W 12th Street, Los Angeles, CA 90006

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2375 W 12th Street,Los Angeles, CA 90006
$2,350,000
  • 10 Beds
  • 11 Baths
  • 12,306 sq. ft.
  • Multi-family
  • Active
Listed by:taylor avakian
Office:lyon stahl investment real estate, inc.
MLS#:25600503
Source:CRMLS

Price summary

  • Price:$2,350,000
  • Price per sq. ft.:$190.96

About this home

2375 W 12th St | 11-Unit Multifamily at the Koreatown Westlake Border Built in 1923, the property consists of a well-balanced mix of (4) 2-bed/1-bath, (6) 1-bed/1-bath, and (1) studio unit, totaling 12,306 SF on a 13,999 SF LAR4 lot (~$167 land PSF). The building is fully occupied, producing $157,584 in annual income, with market rents supporting up to $275,490 annually a $117K+ upside. Priced at $2,350,000 (~$214K per unit / $191 per SF), the asset offers a 3.44% current cap rate and an 8.01% pro forma cap rate, with stable cash flow today and a clear path to higher returns. Six on-site parking spaces further strengthen tenant demand and revenue potential in a dense submarket where parking is limited. Property gets $450 per month from garages and $200 per month from Laundry.

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Home facts

  • Year built:1923
  • Listing ID #:25600503
  • Added:3 day(s) ago
  • Updated:October 06, 2025 at 08:27 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:11
  • Living area:12,306 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:12,306 sq. ft.
  • Lot area:0.32 Acres

Finances and disclosures

  • Price:$2,350,000
  • Price per sq. ft.:$190.96
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