3030 W 12th Place, Los Angeles, CA 90006

  • $1,995,000
3030 W 12th Place
Residential Active
3030 W 12th Place, Los Angeles, CA 90006
3030 W 12th Place
  • $1,995,000

Overview

Property ID: HZSB25055264
  • Duplex
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Garages
  • 1936
  • SquareFeet
  • 1922
  • Year Built

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

  • Address 12th
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90006

Details

Updated on June 6, 2025 at 12:08 am
  • Property ID: HZSB25055264
  • Price: $1,995,000
  • Property Size: 1936 SquareFeet
  • Land Area: 0.161 SquareFeet
  • Bedrooms: 2
  • Bathrooms: 2
  • Garages: 2
  • Year Built: 1922
  • Property Type: Duplex
  • Property Status: Residential
  • Listed by: Edward Kaminsky
  • DRE #: 00958114
  • Contact Phone: 760-791-9792
  • Contact Mail: EK@ITZSOLD.COM
  • Brokered by: eXp Realty of California, Inc

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