1664 W 12th, Los Angeles, CA 90015
- $679,000
- List Price
- $679,000
- Status
- ACTIVE
- MLS#
- MB26164928
- Year Built
- 1897
- Lot Size
- 6,250
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Duplex
Property Description
Located in the highly sought-after Alvarado Terrace Historic District of Pico-Union, this early-1900s Craftsman presents an exceptional restoration and investment opportunity. Offering approximately 1,331 square feet of living space on a 6,250-square-foot LARD1.5-zoned lot, the property features three bedrooms, two bathrooms, and a large basement with potential for additional living space, a guest suite, or an ADU—subject to city approval, zoning requirements, and historic-district guidelines. The tenant-occupied residence is presently configured with two independent living areas. The front section includes two bedrooms and one bathroom, while the rear section offers one bedroom and one bathroom. A long central corridor, original character, and large double doors highlight the home’s unique Craftsman-era design. Surrounded by distinctive historic homes and multimillion-dollar properties, this Pico-Union investment property provides convenient access to public transportation, Downtown Los Angeles, Crypto.com Arena, Koreatown, Westlake, Larchmont Village, and Hollywood. With renovation and restoration, the property may offer significant upside potential. The seller suggests a possible after-repair value of approximately $1.2 million; buyers should independently verify projected value, permitted use, zoning, square footage, unit configuration, ADU feasibility, and development potential. An excellent opportunity for an investor, developer, contractor, or buyer searching for a historic Craftsman home to restore in Central Los Angeles.
Additional Information
- Pool Description
- None
- Sewer
- Unknown
- Water
- Private
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $31,815
- Operating Expense
- 11562
Listing courtesy of Listing Agent: TONY SERRANO (Tony@tonythebroker.com) from Listing Office: CENTURY 21 REALTY MASTERS.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.