2553 West 12th Street

Los Angeles, CA 90006

$1,160,000
Last Sold Price
8
Beds
7
Baths
4,120 Sq. Ft.
$282 / Sq. Ft.
4,120
Sq. Ft.
$282
per Sq. Ft.

Description

Flip flip flip! Existing 3 units, 2 units will be delivered vacant. Remaining 1 unit relocation is being discussed. ADU possibility with rear EXISTING BACK BUILDING(not permitted). Developers - rare r4 zoning in opportunity zone! 65 x 92 dimension! Any 4 units or develop by right 14 units, toc will allow 26 units & height of 67 ft. (paid report can be emailed). The property is zoned R4-1VL, TOC Tier 3, and is within an opportunity zone. The TOC density bonus of 70% allows more units to be built in...Flip flip flip! Existing 3 units, 2 units will be delivered vacant. Remaining 1 unit relocation is being discussed. ADU possibility with rear EXISTING BACK BUILDING(not permitted). Developers - rare r4 zoning in opportunity zone! 65 x 92 dimension! Any 4 units or develop by right 14 units, toc will allow 26 units & height of 67 ft. (paid report can be emailed). The property is zoned R4-1VL, TOC Tier 3, and is within an opportunity zone. The TOC density bonus of 70% allows more units to be built in that location. Buyer to verify all facts and do their own due diligence. Motivated seller!
  1. Listed by Max Lee • DRE #01905008 • Brokerage DRE #01022642 • eXp Realty of California Inc
  2. Listed by Bruce Lee • DRE #02032112 • Brokerage DRE #01022642 • eXp Realty of California Inc

Property Details for 2553 West 12th Street

Zoning
LAR4
Cross Streets
Vermont
Parcel Number
5078026017
Total Units
3.0
Living Area
4120
Source Living Area
Title Company
Area
Mid-Wilshire (C17)
Vacancy Rate
0

Location

Listing Courtesy of eXp Realty of California Inc, Max Lee, DRE #01905008; eXp Realty of California Inc, Bruce Lee, DRE #02032112

Sold By Coldwell Banker Realty, Jason Lee, DRE #02069816

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LISTING UPDATED: 04/02/2022 06:53 PM

Property Details for 2553 West 12th Street

StatusSold
MLS #21-773070
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.14 AC / 5,996 SF
CountyLos Angeles County

Location

Listing Courtesy of eXp Realty of California Inc, Max Lee, DRE #01905008; eXp Realty of California Inc, Bruce Lee, DRE #02032112

Sold By Coldwell Banker Realty, Jason Lee, DRE #02069816

Add your commute

Building Information for 2553 West 12th Street

Stories1Residences-Year Built1923Building Size-Lot Size0.14 AC / 5,996 SF

Payment Calculator

$7,691 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,331

Property Taxes

$1,360

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2553 West 12th Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: residential
  • Direction Faces: South
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1376
  • Lot Size Square Feet: 5996
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 1
  • Parking Features: Driveway
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Dwelling Unit
Lease Terms
Lease Terms
  • Entry Date: 08-16-2021
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,350.00
  • Unit Actual Rent: $1,250.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109

Property History for 2553 West 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2553 West 12th Street

Taxable ValueLand$826,200Additions$357,251Total$1,183,451
Tax Record2023$16,325 ($1,360 / month)
Home Facts
Total Finished SqFt4,120 SqFtAbove Grade Finished SqFt4,120 SqFtLot Size5,996 SqFtStyleMulti-Family Res (5+ Units)ZoningLAR4CountyLOS ANGELESAPN5078-026-017

Schools near 2553 West 12th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Leo Politi Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

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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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 eXp Realty of California Inc, Max Lee, DRE #01905008; eXp Realty of California Inc, Bruce Lee, DRE #02032112

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.