4916 W 12th Street, Los Angeles, California 90019, Los Angeles, 90019 - 6 bed, 4 bath
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Los Angeles, California 90019
This character-filled 1926 duplex represents a Prime Investment Opportunity listed at $1,600,000—positioned well below the $1,659,094 Fair Market Value by 3%. This valuation gap provides $59,094 in Instant Equity. Boasting a Condition Rating of 4, the 3,912 sqft asset features modernized electrical and HVAC systems alongside significant ADU potential for two additional units. Located in the high-demand Mid-Wilshire area, this versatile property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4916 W 12th Street Subject | $1,600,000* List Price | 6 | 4 | 3,912 | $424 | - |
A 1327 S Burnside Sold | $1,700,000 | 0 | 0 | 3,522 | $483 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1926 structure that has received critical infrastructure updates, including brand-new electrical systems and modern mini-split HVAC units. However, the interior finishes remain largely dated; the kitchen features older painted cabinetry and basic tile flooring, and the home retains original wood-frame windows and aged hardwood flooring. While move-in ready and functional, the property requires cosmetic modernization in the kitchens and bathrooms to meet current high-end market standards.
The property offers a rare opportunity to add two additional ADUs, allowing investors to substantially increase rental income and maximize long-term returns.
Recent capital improvements include brand-new electrical systems and newly installed mini-split HVAC units, providing modern efficiency and reducing immediate upgrade costs.
Situated in the high-demand Mid-Wilshire area, the property benefits from strong rental fundamentals and close proximity to major commuter corridors, dining, and shopping.
The property was recently sold within the past year on 2025-06-23. The sold price is $1,260,000.00.
The building's large footprint relative to the 3,662-square-foot lot leaves very little outdoor space and may complicate the physical construction of the proposed ADUs.
Despite recent electrical and HVAC upgrades, a century-old structure may still require significant ongoing maintenance for plumbing, roofing, or foundation components.
Charming, character-filled tri-level duplex in a prime central Los Angeles location offering an exceptional opportunity for both owner-users and investors. The property blends classic architectural appeal with functional living spaces while presenting significant upside potential. Natural light fills the interiors, highlighting the inviting layouts, spacious rooms, and thoughtful details throughout. Recent capital improvements include brand-new electrical and newly installed mini-split systems, providing modern efficiency and comfort while reducing future upgrade costs. For investors, the real story is the value-add potential. The property offers the opportunity to add two additional ADUs, creating the ability to substantially increase rental income and maximize long-term returns. Centrally located near shopping, dining, and major commuter corridors, this asset sits in a high-demand rental market with strong fundamentals and continued growth. A rare chance to acquire a centrally located multi-unit property with existing improvements and meaningful expansion potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 0.0 | 95% |
| Baths | 4.0 | 0.0 | 85% |
| Square foot | 3,912 | 2,878.5 | 85% |
| Lot Size | 3,662 | 5,937 | 5% |
| Price | $1.60M | $1.11M | 75% |
| Price per sq ft | $409 | $441 | 35% |
| Built year | 1926 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 228 | 10% |
Feb 10, 2026
$1,600,000
Initial Listing
Jun 23, 2025
$1,260,000
Public Record