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    3014 W 12th St Los Angeles, CA 90006

    Sponsored
    Source: https://www.majorproperties.com
    For Sale
    $1,195,000

    Quadruplex With Upside Potential

    Property size:
    4,230 SF

    Description

    Added:
    May 2, 2025
    Days on Market:
    250
    • Two 1 bedroom/1 bath units and two 3 bedroom/1-1/2 bath units
    • Current actual $20,142 annual net operating income
    • Excellent upside! Under market rents
    • Potential development site
    • Located one block east of Western Ave and two blocks north of Pico Blvd
    • Zoned LA R4
    • Built 1923
    • Assessor’ s parcel number 5080-011-024
    • Asking $298,750 per unit

    Property Features for 3014 W 12th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,230 SF
    Price / Square Foot
    $282
    Elevators
    N/A
    Lot Size
    6,200 SF

    Building Details

    Year Built
    1923
    Buildings
    1
    Stories
    2
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    State
    California
    Longitude
    -118.755997
    Latitude
    36.7014631

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    FAQs

    What type of property is this?
    Multifamily property - Quadruplex With Upside Potential
    Where is this multifamily property located?
    The property is located at 3014 W 12th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,195,000.
    (213) 422-4955
    Request Owner's contact information
    3014 W 12th St Los Angeles, CA 90006
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    Los Angeles, CA 90006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3014 W 12th St Los Angeles, CA 90006
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