chat with us now
email us
714.779.LOAN

find an agent

Find a real estate agent for this home.

can i afford this home?

Contact Underwood Mortgage Group for more information on financing this home.

Mortgage Calculator

Home Price
Interest Rate
Years
Down Payment
Property Tax (Per Year)
PMI
Start Date
Powered by CalculateStuff.com

Change any combination of fields to calculate the monthly payment. Or change the down payment and monthly payment to calculate the possible home price.

Learn More Now

3030 W 12th Place

Los Angeles, CA 90006

$1,995,000

2 Beds | 2 Baths | 1,936 sq. ft.

Status: Active Type: Duplex Area: C17 - Mid-Wilshire
Year Built: 1922 School District: Los Angeles Unified MLS#: SB25055264

Description

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 for PLANS

Features

    Other Rooms: All Bedrooms Down, Kitchen Fireplace Rooms: Living Room
    Heating: N/A
    Cooling: None
    Structure Type: Other Association Amenities: N/A
    Pool Descriptions: None
    Price/sqft: $1030
    Parking Spaces: 2
    Total Floors: 1

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.