1517 W 12th Street Active

Los Angeles,CA 90015

$ 2600000

3 Beds

1 Bath

1667 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,667 sqft

Price per Sqft $1,559

MLS Listing ID CL25522369

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1920

Lot Size 6,244 Sqft

Acres 0.1433

Property Sub-Type Single Family Residence

Property Description

Discover the potential of this exceptional redevelopment opportunity at 1517 W 12th St, Los Angeles, CA 90015. Located in the vibrant Pico-Union neighborhood of Downtown LA, this 6,242 sq ft lot currently houses a vacant 1,667 sq ft single-family home built in 1920-primed for transformation. The property is fully entitled and permitted for a modern seven-story, 26-unit multifamily development, with all approvals and permits in place, allowing construction to begin immediately. The approved plans include:26 residential units (22 market-rate and 4 affordable) and 18 on-site parking spaces strategically positioned just minutes from Crypto.com Arena, LA Live, and the Los Angeles Convention Center, this location offers unbeatable access to entertainment, employment, and transportation hubs. With excellent connectivity via public transit and major freeways, future residents will enjoy seamless access throughout Los Angeles. This shovel-ready project is a rare find for developers, investors, and builders seeking to deliver a high-demand multifamily community in one of LA's fastest-growing neighborhoods. Don't miss this prime opportunity to tap into Los Angeles' thriving real estate market. Contact me today for full plans and additional details.

Location

State CA

County Los Angeles

Zoning LAR4

Interior

Heating None

Cooling None

Flooring Wood

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

View Y/N true

View City Lights

Total Parking Spaces 2

Private Pool false

Building

Story 1

Level or Stories One Story

New Construction No

Others

Tax ID 5137025022

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