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    1543 W 12th Street

    Los Angeles (City), CA 90015
    • $1,800,000
    • STATUS: Active
    • ON SITE: 44 days
    • ID#: PW21043077
    UPDATED: 162 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 propertys 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 2021-04-16T08:10:55.057. 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 Jett Real Estate Group | eXp Realty. Licensed in the State of California, USA.
    www.jettrealestate.com/homes/114649708
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    1543 W 12th Street Los Angeles (City), CA 90015

    • Price: $1,800,000
    • Status: Active
    • Updated: 162 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 propertys 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 View None View YN No

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan 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 2021-04-16T08:10:55.057. 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 Jett Real Estate Group | eXp Realty. Licensed in the State of California, USA.
     
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    Jett Real Estate Group | eXp Realty
    2603 Camino Ramon #200
    San Ramon CA, 94583