$ 2,000,000
-
$2,000,000
Price -
3
Bed -
1
Bath -
1,667
SqFt
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About the Listing X83128 - C109676
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.
Listing Highlights for 1517 W 12th St
Status
Active
Days on Site
154
Property Type
Residential
MLS ®
25522369
Year Built
1920
Total Square Footage
1,667
Lot/Acreage
0.14
County
Los Angeles
Area
Downtown L.A.
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 50 x 125
- Zoning: LAR4
- Roof:
- Others:
- Sewer:
- Parking Features: Detached
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5137-025-022
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1517 W 12th St Los Angeles, CA 90015
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