3030 W 12th Place, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
3030 W 12th Place,Los Angeles, CA 90006
$1,190,000
  • 2 Beds
  • - Baths
  • 1,936 sq. ft.
  • Multi-family
  • Active
Listed by: arthur yoon, sukyoung lee
Office: redpoint realty
MLS#:CL26843211
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,190,000
  • Price per sq. ft.:$614.67

About this home

Prime Koreatown development opportunity delivered fully vacant! Situated on a 7,013 SF R4-1VL lot, 3030 W 12th Pl offers exceptional redevelopment potential in one of Los Angeles' most active multifamily corridors. A new owner may build up to 49 units via the Affordable Housing Incentive Program (100% affordable) which makes the most sense for the location and the tax incentive. This parcel allows 17 units by-right under the current RSO but the 1VL caps the by-right height at 45ft. The property currently features a side-by-side 1,936 SF duplex with one remodeled unit and one unit ready for value-add improvements. Existing details include original wood floors and built-ins, along with two one-car garages located at the rear of the property. Also available are approved RTI (Shovel-Ready) approved plans for a 5-story, 17-unit multi-family building spanning 12,092 SF. The project has been brilliantly engineered for maximum ROI and cost efficiency: features on-grade surface parking (zero...

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Home facts

  • Year built:1922
  • Listing ID #:CL26843211
  • Added:1 day(s) ago
  • Updated:June 11, 2026 at 03:52 PM

Rooms and interior

  • Bedrooms:2
  • Living area:1,936 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1922
  • Building area:1,936 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$1,190,000
  • Price per sq. ft.:$614.67
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 11, 2026

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