1845 W 12th, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90006
This Historic Triplex Asset is listed at $1,249,000, representing a stable acquisition priced fairly against its $1,206,732 Fair Market Value. Featuring an expansive 12-bedroom density across 4,258 square feet, the property carries a Fair Condition Rating, offering a clear Value-Add Opportunity through strategic renovations and system modernizations. The central location near USC and Downtown LA ensures consistent tenant demand, further bolstered by access to Hoover Street Elementary and Santee Education Complex. This high-density income property is an ideal match for Buy-and-Hold Investors or Value-Add Developers targeting long-term portfolio growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1845 W 12th Subject | $1,249,000* List Price | 0 | 0 | 4,258 | $283 | - |
A 1807 S Bonnie Brae Street Active | $1,150,000 List Price | 0 | 0 | 3,648 | $315 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1910 historic triplex is in fair condition, showing a mix of recent cosmetic updates and aging infrastructure. While the interior features newer laminate flooring and fresh paint, the bathrooms are dated with basic vanities and older fixtures. The exterior siding and electrical meters show visible wear and age, and the property lacks a comprehensive modern renovation of major systems, fitting the criteria for a well-maintained but outdated aged property.
With a total of 12 bedrooms across a triplex configuration, this property offers exceptional density and rental yield potential in a high-demand Los Angeles submarket.
Ideally situated minutes from Downtown LA, Koreatown, and USC, the property benefits from proximity to major employment centers, transit, and a robust tenant pool.
The 4,258-square-foot historic structure features classic period details and a flexible unit mix, providing a versatile canvas for investors to renovate and maximize market-rate returns.
Built in 1910, the property likely requires substantial capital investment for modernizing systems and addressing deferred maintenance typical of century-old buildings.
The configuration of only 5 bathrooms for 12 bedrooms is disproportionate, which may limit the appeal to certain tenant profiles or necessitate costly interior reconfigurations.
Welcome to 1845 W 12th Street — a rare opportunity to own a historic multi-family property in the heart of Los Angeles. Built in 1910, this character-rich property offers approximately 4,258 square feet of living space on a 6,250 square foot lot, featuring a total of 12 bedrooms and 5 bathrooms across multiple units. Blending timeless architectural charm with income-producing potential, this property presents a unique opportunity for both investors and owner-users. Inside, the property showcases classic period details, generous living spaces, and a flexible unit mix, offering immediate rental income potential or the opportunity to reposition and add value. Whether you’re looking to preserve its historic character, renovate, or maximize returns, this property provides a versatile canvas. Located in a centrally positioned Los Angeles neighborhood, just minutes from Downtown LA, Koreatown, and USC, the property benefits from strong rental demand and convenient access to major transit, employment centers, dining, and cultural hubs. A rare chance to own a historic, income-generating property with scale, character, and upside in one of LA’s most centrally located neighborhoods. Seller is doing a 1031 exchange with the sell of this property.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,258 | 1,900 | 80% |
| Lot Size | 6,252 | 5,100 | 60% |
| Price | $1.25M | $840.0K | 80% |
| Price per sq ft | $293 | $429 | 20% |
| Built year | 1910 | 1922 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 203 | 20% |
Apr 11, 2026
$1,249,000
Initial Listing
May 14, 2014
$590,000
Public Record