
Los Angeles, California 90006
This historic Residential Income Triplex presents a High-Potential Investment Opportunity with a List Price of $1,199,000—positioned slightly above the $1,139,136 Fair Market Value. While the property requires modernization given its Condition Rating of 4, the 4,258 square foot layout and 12-bedroom configuration offer significant density for rental income. Located near major employment hubs and transit, this asset is ideal for Buy-and-Hold Investors or Value-Add Developers looking to reposition a historic asset in a high-demand Los Angeles corridor.
Property is moderate renovation needed.
Built in 1910, this property is well beyond the 20-year threshold for dated status. The listing description emphasizes 'historic character' and the 'opportunity to reposition and add value,' which typically indicates dated kitchens, bathrooms, and systems. The exterior photos show aged siding and window AC units, suggesting a lack of modern central HVAC, placing it firmly in the category of needing updates and minor repairs to maximize its potential.
With 12 bedrooms across a triplex configuration, this property offers exceptional rental scale and density, making it an ideal candidate for high-yield residential income or co-living strategies.
Situated minutes from Downtown LA, Koreatown, and USC, the property sits in a high-demand rental corridor with excellent access to major employment hubs, transit, and cultural centers.
The large 4,258 square foot interior and historic 1910 character provide a significant canvas for investors to renovate, reposition, and capture substantial equity growth in a supply-constrained market.
The ratio of 12 bedrooms to only 5 bathrooms represents a significant functional challenge that may limit tenant appeal or necessitate costly plumbing upgrades to meet modern market expectations.
As a structure built in 1910, the property likely requires ongoing maintenance and potential modernization of aging systems, such as electrical and plumbing, which could impact short-term cash flow.
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 |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 4,258 | 2,250 |
| Lot Size | 6,252 | 5,864 |
| Price | $1.20M | $826.7K |
| Price per sq ft | $282 | $395 |
| Built year | 1910 | 1925 |
| HOA | $0 | $0 |
| Days on market | 12 | 83 |
Jul 13, 2026
$1,199,000
$1,200,000
+0% Price Increase
Initial Listing
Jul 10, 2026
$1,200,000
Initial Listing
May 14, 2014
$590,000
Public Record