
Los Angeles, California 90019
This tri-level duplex presents a High-Potential Investment Opportunity with a List Price of $1,399,900—positioned slightly above the $1,375,713 Fair Market Value. While requiring a Fair Condition Rating due to deferred maintenance, the property features recently updated electrical and mini-split HVAC systems, providing a solid foundation for value-add renovations. Its 6-bedroom, 4-bathroom layout in the Mid-Wilshire area offers significant rental demand and versatility. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a central Los Angeles location for long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4916 W 12th Subject 0 bd · 0 ba · 3,912 sqft · $352 | $1,399,900* List Price | 0 | 0 | 3,912 | $352 | - |
A 1036 S Citrus Avenue Sold 0 bd · 0 ba · 3,096 sqft · $459 · 0.2 mi | $1,420,000 | 0 | 0 | 3,096 | $459 | 0.2 mi |
B 1118 S Sycamore Active 0 bd · 0 ba · 3,906 sqft · $453 · 0.3 mi | $1,770,000 List Price | 0 | 0 | 3,906 | $453 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, this property requires a full rehab despite recent electrical and mini-split HVAC updates. Kitchens and bathrooms are severely dated (30-50+ years), with one kitchen showing significant floor deterioration and missing appliances. The listing explicitly states it 'needs TLC' and advises buyers to 'bring your contractor,' fitting the criteria for a property with functional defects needing major updates.
Situated in the highly desirable Mid-Wilshire area, this property offers exceptional proximity to Miracle Mile, Koreatown, and Downtown LA, ensuring high rental demand and long-term value retention.
Boasting nearly 4,000 square feet with a 6-bedroom, 4-bathroom layout, this tri-level duplex provides rare interior volume and flexibility for owner-users, multi-generational families, or high-yield investors.
The inclusion of recently updated electrical systems and modern mini-split HVAC units provides a significant head start on renovations, reducing the immediate capital expenditure for essential mechanical work.
The property is noted as needing 'TLC,' implying that a buyer must be prepared for additional investment in cosmetic or structural repairs to bring the units up to modern market standards.
With a building size of nearly 4,000 square feet on a 3,662 square foot lot, the property has a high building-to-land ratio, resulting in minimal yard space for tenants or owners.
**Opportunity meets location in the heart of Los Angeles!** Welcome to 4916 W 12th St, a spacious tri-level duplex offering nearly 4,000 square feet of living space and incredible potential for an owner-user, investor, or buyer looking to create something special. Featuring a total of 6 bedrooms and 4 bathrooms across two units, this property offers the space and flexibility that are increasingly hard to find in this part of the city. Yes, it needs some TLC, but that's exactly where the opportunity begins. Bring your vision and unlock the potential of this character-filled 1920s property. Live in one unit and explore the income potential of the other, create a multi-generational living setup, or reposition the property as a long-term investment. With generous room sizes, abundant natural light, multi-level living and recently updated electrical and mini-split systems, much of the foundation for something special is already here. Located in the desirable Mid-Wilshire area with convenient access to Miracle Mile, Koreatown, Downtown LA, shopping, dining, entertainment and major employment centers, this is more than a duplex, it's an opportunity to add value in one of Los Angeles' most centrally located neighborhoods. **Properties with this much space, flexibility and upside don't come around often. Bring your contractor, bring your ideas and come see the possibilities for yourself.**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,912 | 2,090.331 |
| Lot Size | 3,662 | 5,852.908 |
| Price | $1.40M | $830.9K |
| Price per sq ft | $358 | $394 |
| Built year | 1926 | 1928 |
| HOA | $0 | $0 |
| Days on market | 77 | 87 |
Oct 21, 2026
$1,399,900
$1,400,000
+0% Price Increase
Initial Listing
Aug 24, 2026
$1,400,000
Initial Listing
Jun 23, 2025
$1,260,000
Public Record