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$1,295,000
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Property Description
Discover a rare investment opportunity just minutes from Downtown LA's premier attractions: the LA Convention Center, Crypto.com Arena, USC, plus the vibrant dining and nightlife of Koreatown. Nestled in the bustling Mid-Wilshire district, this fully rented, six-unit asset delivers strong occupancy, steady cash flow and exciting upside potential. Key Highlights are Prime Corner Lot: 6,272 SF parcel at Hoover St. & 12th St., zoned LAR4 for future redevelopment, Spacious Living: 4,032 SF building across two stories, featuring: One 3 BR/2 BA unit, One 2 BR/1 BA unit, Two 1 BR/1 BA units, Two studio units. Ample Parking & ADU Potential: 10 dedicated spaces in rear lot with room to add an accessory dwelling unit. Effortless Connectivity with access to I-10, US-101 and I-110 freeways. Strong Financials: Current gross income of $119,976, 6.4% cap rate at a list price of $1,295,000 (incorporating the new property tax basis). All tenants are current on rent, ensuring uninterrupted cash flow from day one. Whether you're seeking a stable, income-producing asset or a development play in one of L.A.'s most sought-after neighborhoods, this investment offers the best of both worlds. Schedule your private tour today and seize the opportunity to own a vibrant piece of Los Angeles real estate.
Full Property Details
Full Property Details for 2300 W 12th St
General
- Price: $1,295,000
- HOA FEE: $3,600
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26681233
- Updated: 5/2/2026
- Added to Site: 26 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 9
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
- Other Features: None
Parking
- Garage Description: Uncovered, Private
Location
- Area: Mid-Wilshire
- County: Los Angeles
- Driving Directions: Heading south on Hoover St. from Olympic Blvd., property on the right side corner after 12th St.
- Direction Faces: East
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Other
Utilities
- Sewer: In Street
- Trash: 1600
Structural Information
- # Buildings: 1
- Roof: Tile
- Stories/Levels: 2
- Square Feet: 4,032
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1906
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 6
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.144
- Lot Size: 6274
- Lot Size Source: Vendor Enhanced
- Lot Features: Corner Lot
- Zoning: LAR4
Financial Considerations
- Price Per Sq. Ft.: $321.18
- Maint. Fee: $3,600
- Insurance Fee: $8,000
- Assessment Year: 1906
- Owner Pays: Water, Electricity, Other
- Pays Electric: 1100
- Pays Trash: 1600
Disclosures and Reports
- Disclosures/Reports: Rent Control
- APN: 5076-015-023
Listed by Sunnyside Group, Roy Kwak
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Schools
Schools serving 2300 W 12th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Leo Politi Elementary School 2481 West 11th Street, Los Angeles, CA 90006 | K-5 | 0.2 mi |
Berendo Middle School 1157 South Berendo Street, Los Angeles, CA 90006 | 6-8 | 0.6 mi |
Contreras Learning Center-School Of Social Justice 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.5 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 1.5 mi |
Academic Leadership Community School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.5 mi |
Miguel Contreras Learning Complex School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.5 mi |
Contreras Learning Center-Los Angeles School Of Global Studies 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.5 mi |
Edward R. Roybal Learning Center 1200 Colton Street, Los Angeles, CA 90026 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2300 W 12th St
Date
Details
Price
Change
Source
4/08/2026
Listed
$1,295,000
-4.07%
MLS
7/17/2024
Sold
$1,350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2300 W 12th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,199
2%
$1,350,000
36%
2023
$12,962
5%
$989,906
2%
2022
$12,397
1%
$970,497
2%
2021
$12,234
-1%
$951,469
1%
2020
$12,350
4%
$941,714
2%
2019
$11,890
1%
$923,250
2%
2018
$11,748
3%
$905,148
2%
2017
$11,358
44%
$887,400
39%
2016
$7,886
-5%
$636,852
1%
2015
$8,337
-15%
$632,387
-14%
2014
$9,829
1%
$737,093
—
2013
$9,725
—
$733,763
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2300 W 12th St
2300 W 12th St, Los Angeles, CA 90006 (MLS# 26681233) is a Multi-Family property with units containing 9 bedrooms and 0 full bathrooms. 2300 W 12th St is currently listed for $1,295,000 and was received on April 08, 2026. Want to learn more about 2300 W 12th St? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.

