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    1543 W 12th Street

    Los Angeles (City), CA 90015
    • $1,800,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: PW21043077
    UPDATED: 41 min ago
    $1,800,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    RTI multifamily development opportunity located at 1543 12th Street near Downtown Los Angeles. The property is located just west of Downtown and the 110 Freeway on the border of the Westlake and Pico Union neighborhoods. Westlake and Downtown have seen significant development in recent years, and this property+GGs location just a half-mile from Staples Center and convenient proximity to the freeway, retail, dining and entertainment options (WalkScore: 93), make it poised for redevelopment and future appreciation.1543 12th Street consists of a 6,245-square foot lot zoned R4-1 that allows for 18 units buildable by-right (buyer to verify). The lot currently features a three-bedroom house.Current development plans call for the construction of a four-story, 18-unit building with 14 studios and four one-bedroom units, as well as subterranean parking.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-10T14:28:11.79. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
    www.inlandempiresold.com/homes/114649708
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    1543 W 12th Street Los Angeles (City), CA 90015

    • Price: $1,800,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: PW21043077
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    RTI multifamily development opportunity located at 1543 12th Street near Downtown Los Angeles. The property is located just west of Downtown and the 110 Freeway on the border of the Westlake and Pico Union neighborhoods. Westlake and Downtown have seen significant development in recent years, and this property+GGs location just a half-mile from Staples Center and convenient proximity to the freeway, retail, dining and entertainment options (WalkScore: 93), make it poised for redevelopment and future appreciation.1543 12th Street consists of a 6,245-square foot lot zoned R4-1 that allows for 18 units buildable by-right (buyer to verify). The lot currently features a three-bedroom house.Current development plans call for the construction of a four-story, 18-unit building with 14 studios and four one-bedroom units, as well as subterranean parking.
    Exterior Features

    Lot Features Rectangular Lot Lot Size Source Assessor Lot Size Units Square Feet View None View YN No

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Urban Country Us Distance To Water Comments 0 Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Lar4

    Listing provided courtesy of Steven Bogoyevac of Steven M. Bogoyevac, Broker and David O'keefe of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-10T14:28:11.79. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
     
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