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Property

Los Angeles, CA 90006 3030 W 12th Place

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Presented By: Edward Kaminsky with eXp Realty of California, Inc; 310-427-2414
  • MLS# SB25058933
  • 03/20/2025
  • Request Tour
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  • SQFT • 1,936
  • Year Built • 1922

Home Details

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.
Presented By: Edward Kaminsky with eXp Realty of California, Inc; 310-427-2414

Interior Features for 3030 W 12th Place

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
LivingAreaSourceAssessor
Total Stories1

Other Rooms

Entry Level1

General for 3030 W 12th Place

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsTake S Western Ave and turn East on W 12th St
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, Submit
Lot Size Square Feet7013.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total2
Number of Units Leased0
Occupancy TypeOwner
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofBarrel, Flat
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1922
Year Built SourcePublicRecords

Exterior for 3030 W 12th Place

Building Area Total1936.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.161
Lot Size Area7013.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $1,995,000
MLS#SB25058933
List Date 03/20/2025
Property Type Commercial
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