1517 W 12th Street, Los Angeles, CA 90015 - Berkshire Hathaway HomeServices California Properties

1517 W 12th Street, Los Angeles, CA 90015

$2,600,000 Approx. USD 3 beds, 1 baths
1,667 sqft

Listing Agent


Kyungho Hwang | khhrealestate@gmail.com
Lic#: 01877950
Broker: Courtesy of 4B Advisors Inc.

Agent Remarks

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 Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 25522369
Price: $2,600,000
Beds: 3
Baths: 1 (1 full)
None fireplaces
Built in 1920
1,667 sqft
1 story
0.14 acres
Lot size: 0.1433
County: Los Angeles
Zoning: LAR4
Heating/cooling: None
Heating description: None
MLS area: C42 - Downtown L.A.
Furnished: Unfurnished

Last Updated: 4/15/2025

 Days On Market (DOM): 18

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.045899, -118.274699.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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