1654 West 12th Place

Los Angeles, CA 90006

$1,160,000
Last Sold Price
8
Beds
6
Baths
5,250 Sq. Ft.
$221 / Sq. Ft.
5,250
Sq. Ft.
$221
per Sq. Ft.

Description

For sale is a large five unit apartment building, 5250 Sq Ft living space, Located in the Pico-Union neighborhood immediately west of downtown LA. Consisting of a four unit two-story building in the front, built in 1912, loaded with beautiful period details, each unit is about 1042 Sq Ft, featuring private balconies, front/rear entrances and laundry hookups. In the rear theres free standing 3 BR 2 bath house, about 1080 Sq Ft. Buildings has been freshly painted, Individually metered for electric...For sale is a large five unit apartment building, 5250 Sq Ft living space, Located in the Pico-Union neighborhood immediately west of downtown LA. Consisting of a four unit two-story building in the front, built in 1912, loaded with beautiful period details, each unit is about 1042 Sq Ft, featuring private balconies, front/rear entrances and laundry hookups. In the rear theres free standing 3 BR 2 bath house, about 1080 Sq Ft. Buildings has been freshly painted, Individually metered for electric /gas. The property is situated on a 6,242 square foot parcel Zoned RD1.5-HPOZ. High demand rental area, a walker's paradise, this location has a walk score of 93, allowing residents to complete most of their daily tasks without a car. With a 4 block (0.5 mile) commute to L.A. Live, Staples Center, and Microsoft Theater, tenants have easy access to some of Los Angeles' most intriguing nightlife and cuisine establishments, whose continued success drives the city to new heights, Don't Miss!

Listing Agent

  1. Ofer Halimi

    Ofer Halimi

    Listing Agent

    Compass

    DRE #01324758

Property Details for 1654 West 12th Place

Zoning
LARD1.5
Parcel Number
5137034015
Total Units
5.0
Living Area
5250
Source Living Area
Assessor
Area
Downtown L.A. (C42)
Vacancy Rate
0
Lot Size Area
6251

Location

Listing Courtesy of Compass, Ofer Halimi, DRE #01324758

Sold By Compass, Ofer Halimi, DRE #01324758

Add your commute
LISTING UPDATED: 04/16/2024 11:52 AM

Property Details for 1654 West 12th Place

StatusSold
MLS #21-791900
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.14 AC / 6,251 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Ofer Halimi, DRE #01324758

Sold By Compass, Ofer Halimi, DRE #01324758

Add your commute

Building Information for 1654 West 12th Place

Stories2Residences-Year Built1905Building Size-Lot Size0.14 AC / 6,251 SF

Payment Calculator

$7,454 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,331

Property Taxes

$1,123

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1654 West 12th Place

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apt & House
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $66,444
  • Net Operating Income: $58,444.00
  • Gross Income: $66,444
  • Gross Rent Multiplier: $16.90
  • Actual Annual Gross Rent: $66,444.00
  • Total Annual Expense: 8000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1435
  • Lot Size Square Feet: 6251
Parking Details
Parking Details
  • Parking Garage: On street
  • Total Parking: 0
  • Parking Features: Street
Interior Features
Interior Features
  • Cooling Type: Wall Unit(s)
  • Heating: Natural Gas
  • Heating Type: Natural Gas
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-05-2021
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,435.00
  • Unit Actual Rent: $1,435.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,347.00
  • Unit Actual Rent: $1,347.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,322.00
  • Unit Actual Rent: $1,322.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $787.00
  • Unit Actual Rent: $787.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $644.00
  • Unit Actual Rent: $644.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110

Property History for 1654 West 12th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1654 West 12th Place

Taxable ValueLand$836,400Additions$360,060Total$1,196,460
Tax Record2023$13,471 ($1,123 / month)
Home Facts
Total Finished SqFt5,250 SqFtAbove Grade Finished SqFt5,250 SqFtLot Size6,251 SqFtStyleMulti-Family Res (5+ Units)Year Built1905ZoningLARD1.5CountyLOS ANGELESAPN5137-034-015

Schools near 1654 West 12th Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Tenth Street Elementary School
Public1 to 5

John H. Liechty Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ofer Halimi, DRE #01324758

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.