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About This Home
This 10-bedroom, 11-bathroom residential multi family at 2375 W 12th St in Los Angeles, CA is listed for $1,999,000 ($162 per sqft). Built in 1923, the home offers 12,306 sqft of living space on a 0.32 acres lot.
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 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. Priced at 11.7 GRM and 4.25 CAP Rate, this has both immediate cash flow and incredible upside in the future.
Key Features
- Built in 1923
- 0.32 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$10,691/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2375 W 12th St
Los Angeles, CA 90006
Property Details
Parking
Questions & Answers
This 10-bedroom, 11-bathroom residential multi family at 2375 W 12th St is listed at $1,999,000 ($162/sqft). The estimated monthly payment is $8,662 based on 20% down at 6.5% interest.
Key features include: Built in 1923, 0.32 acre lot, 2 stories.
This property is listed by Lee Ziff and can be reached at 3109913977 or lee@leeziff.com.