2375 W 12th Street

Property Overview

Great architecture on sale! 11-unit courtyard property about a mile from LA Live, Ritz Carlton, Convention Center and the Crypto Arena. This classic Spanish Colonial style building showcases timeless architectural appeal, featuring a striking symmetrical facade, red clay tile roof, arched entryway, and a beautifully landscaped central courtyard that creates a welcoming and private setting for residents. The property is well maintained and offers a well-balanced unit mix with strong in-place income and enormous upside in rents. Investors will appreciate the consistent rental demand driven by the property's central location, just minutes from Downtown Los Angeles, Koreatown, USC, and major employment hubs. Each unit benefits from abundant natural light, functional layouts, and the charm of period details that continue to attract long-term tenants. The gated courtyard design enhances both privacy and security, while the lush landscaping adds to the overall curb appeal and tenant experience. Additional income from laundry and separately metered for Electric, and gas. Priced at 11.7 GRM and 4.25 CAP Rate, this has both immediate cash flow and incredible upside in the future. Could benefit from SB1211 for new 8 ADUs

Home Details

Property type: Residential Income
Year built: 1923
Living area: 12,306 sq ft
Lot size: 14,003 sq ft
Parking: 6 spaces
Stories: 2
Days on market: 58
MLS status: Active

Features & Amenities

Appliances

Dryer
Washer

Parking

Garage

Community, Schools & Utilities

Utilities

Heating: WallFurnace
Cooling: None

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Location & Neighborhood

Los Angeles, CA 90006

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Frequently Asked Questions About 2375 W 12th Street

Property type: Residential Income

The current asking price is $1,999,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2375 W 12th Street. Our team will confirm availability and timing.

This 10 bedrooms and 11 bathrooms property offers approximately 12,306 square feet of living space. It was built in 1923. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 58 days. Status can change, so verify availability before relying on it.