
Los Angeles, California 90018
Analysis of 2924 12th 2926 1/2, Los Angeles, California 90018 is currently available with a list price of $599,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although built in 1929, the property has undergone significant interior updates likely within the last 5-15 years. The hardwood floors are refinished, the bathroom features a modern vanity and clean tiling, and the overall condition is move-in ready and well-maintained, fitting the criteria for a functional, renovated vintage home.
This 1929 Spanish-style residence features beautifully preserved original details and architectural soul, offering the timeless Los Angeles charm highly sought after by vintage enthusiasts.
Situated in a vibrant Mid-Los Angeles pocket, the property benefits from tree-lined streets and close proximity to trendy cafes, creative hubs, and cultural attractions, offering an active urban lifestyle.
With a significant price reduction to $599,000, this property provides a relatively affordable entry point into a desirable neighborhood compared to traditional single-family homes in the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1350, other record living area = 5366. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 8.
As a Tenants In Common (TIC) property, it requires specialized financing and a unique legal structure, which may limit the pool of traditional buyers and lenders compared to standard fee-simple ownership.
The assigned public schools for this address currently hold low ratings (mostly 2 out of 10), which could be a significant drawback for families prioritizing local educational performance.
Step into timeless Los Angeles charm at 2626 1/2 12th Ave a beautifully preserved Spanish-style 2-bedroom residence offered as a Tenants In Common (TIC) opportunity. Full of original character and architectural soul, this home features classic Spanish details, warm natural light, vintage-inspired design, and the kind of authentic LA atmosphere buyers dream about. Located in one of the most vibrant and attractive pockets of the city, the neighborhood is filled with beautiful tree-lined streets, stylish coffee shops, creative energy, and people constantly out enjoying walks, dining, fitness, and the LA lifestyle. From morning café runs to evening strolls, the area carries a lively yet relaxed energy that feels both trendy and timeless. Centrally located near some of Los Angeles’ best attractions, dining, nightlife, cultural spots, and commuter access, this is an incredible opportunity to own in a highly desirable neighborhood without the price tag of a traditional single-family home. Perfect for buyers looking for character, lifestyle, and location all wrapped into one iconic Spanish-style Los Angeles property. Reach out for more information on Tenants In Common ownership and private showings. What is a Tenants In Common (TIC)? A TIC is a form of property ownership where multiple owners each hold an individual percentage interest in the property while having exclusive rights to occupy their specific residence. TICs offer an affordable path into homeownership in desirable Los Angeles neighborhoods while still allowing owners to build equity and enjoy many of the benefits of owning property.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 3.0 | 33% |
| Square foot | 1,350 | 1,398 | 33% |
| Lot Size | 6,788 | 17,064 | 33% |
| Price | $599.0K | $835.0K | 33% |
| Price per sq ft | $444 | $529 | 33% |
| Built year | 1929 | 2020 | 33% |
| HOA | $0 | $418 | 33% |
| Days on market | 35 | 94 | 33% |
May 23, 2026
$599,000
Initial Listing
May 10, 2026
$695,000
Initial Listing
Sep 20, 2023
$1,900,000
Public Record