R4-1 Multifamily Development
For Sale
Contact for pricing
1543 W 12th St, Los Angeles, CA 90015
Residential lot zoned R4-1 offers by-right potential for an 18-unit multifamily build.
Property SizeContact for details
Lot Size0.14 Acres
Days on Market121
Property Features for 1543 W 12th St
General Information
Standard status
Active
Lot size
0.14 Acres
Property subtype
Land
Zoning
R4-1
Additional Details
Highway Access
Yes
Listing Agency:
Marcus & Millichap - South Bay
Listed By:
Steve "Bogie" Bogoyevac · License #CA 01332755
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 3:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - South Bay
Investment Insights
Based on property information with market context.
This residential development lot totals 6,245 square feet and is zoned R4-1 (buyer to verify). The property is presented as an RTI multifamily development opportunity with plans approved by the city for a four-story, 18-unit building.
The proposed layout includes 14 studio units and four one-bedroom units, along with subterranean parking.
Located near Downtown Los Angeles, just west of the freeway, the site benefits from proximity to retail, dining, and entertainment options. The property is approximately half a mile from Staples Center.
The proposed layout includes 14 studio units and four one-bedroom units, along with subterranean parking.
Located near Downtown Los Angeles, just west of the freeway, the site benefits from proximity to retail, dining, and entertainment options. The property is approximately half a mile from Staples Center.
Key Highlights
- 6,245 SF lot zoned R4‑1 with by‑right potential to build up to 18 units (buyer to verify).
- Approved plans call for a four‑story, 18‑unit multifamily building.
- Unit mix includes 14 studios and 4 one‑bedroom units.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
15,674
Businesses Nearby
Explore this area
Business Placement
Demographics for 90015, CA
27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential lot zoned R4-1 offers by-right potential for an 18-unit multifamily build.
Where is this residential land & home lot located?
The property is located at 1543 W 12th St Los Angeles, CA.
What are key features of this property?
This property features: 6,245 SF lot zoned R4‑1 with by‑right potential to build up to 18 units (buyer to verify).; Approved plans call for a four‑story, 18‑unit multifamily building.; Unit mix includes 14 studios and 4 one‑bedroom units.
