
Los Angeles, California 90006
Analysis of 2989 W 12th Street, Los Angeles, California 90006 is currently available with a list price of $499,900. 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.
While built in 1924, the property has undergone significant updates including laminate flooring, recessed lighting, and a modern mini-split HVAC system. The kitchen and bathroom appear well-maintained and functional, consistent with a renovation performed within the last 5-15 years, making it move-in ready.
Situated in the heart of a vibrant, sought-after neighborhood, the property offers exceptional access to world-class dining, DTLA, USC, and major entertainment hubs.
The home features a front deck with panoramic sunset and skyline views, an enclosed patio, and two side patios, significantly extending the usable living space.
Priced under $500,000, this detached Spanish-style residence represents a rare affordable opportunity to own a single-family home in a central Los Angeles location.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1381, other record lot size in square feet = 170. Living area discrepancy between mls listing and other public or private record. mls listing living area = 520, other record living area = 160.
With only 520 square feet of living space for a two-bedroom configuration, the interior layout is exceptionally compact and may feel restrictive for many buyers.
The 1,381 square foot lot is very small for a single-family residence, offering little private yard space and limiting potential for future expansions or ADU additions.
Spanish-style gem nestled above street level in the vibrant and sought-after neighborhood of KoreaTown, Los Angeles! The residence seamlessly blends classic charm with modern conveniences, offering a truly enchanting living experience, with two bedrooms and one bathroom. The inviting open floor plan flows from the living room, dining area, and a beautifully appointed kitchen. Gleaming laminate floors and an abundance natural light create an atmosphere of warmth and comfort, making it perfect for both cozy nights in and evenings gatherings. Indulge in breathtaking sunset views from the front deck, a tranquil retreat to unwind and soak in the stunning Los Angeles skyline. With this idyllic setting, every evening becomes an opportunity to savor the beauty that Southern California has to offer. Relax and entertain in the enclosed patio. Additionally, two side patios offer convenience with one that has laundry hook ups to accommodate a stackable washer and dryer. There is also a one-car garage with its own assessor parcel number, while easy access to major freeways place you just minutes away from Downtown LA's vibrant cultural scene, the prestigious University of Southern California (USC), and the exciting Crypto arena. Snuggled in the heart of KoreaTown, this home boasts an enviable location where every amenity is within reach. Savor world-class dining, indulge in cultural experiences, and explore a diverse tapestry of entertainment options, all just moments away.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.3 mi
Grades K-2 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 520 | 1,664.159 |
| Lot Size | 1,381 | 6,066.556 |
| Price | $499.9K | $1.35M |
| Price per sq ft | $961 | $806 |
| Built year | 1924 | 1939 |
| HOA | $0 | $278 |
| Days on market | 43 | 55 |
Jul 28, 2026
$499,900
Initial Listing
Feb 25, 2021
$465,000
Public Record
May 14, 2008
$229,045
Public Record
Dec 15, 2006
$340,000
Public Record