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11-Unit Courtyard Apartment Building
For Sale
$1,999,000

2375 W 12th St, Los Angeles, CA 90006

Spanish Colonial design with a gated courtyard, arched entry, red clay tile roof, and landscaped resident setting.

Property Size12,306 SF
Days on Market115

Property Features for 2375 W 12th St

General Information

Standard status Active
Size 12,306 SF
Property subtype MULTI_FAMILY

Financials

Cap Rate 4.25%
Gross Rent Multiplier 11.7

Additional Details

Multifamily Units 11

Amenities

central courtyard
gated courtyard
laundry

Building Details

Building Size 12,306 SF
Year Built 1923
Construction Spanish Colonial
Listing Agency: Keller Williams Beverly Hills
Listed By: Lee Ziff · License #01212150
Source: Milsteinestates
Added: Apr 20 Changed: Aug 12 Last Checked: Aug 12 at 5:55AM

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 Keller Williams Beverly Hills

Investment Insights

Based on property information with market context.

Built in 1923, this 11-unit apartment property features Spanish Colonial architecture with a symmetrical facade, arched entry, red clay tile roofing, and a central courtyard. The gated outdoor area is landscaped and provides a defined common setting for residents. Units offer natural light, functional layouts, and period architectural details. Laundry provides an additional income source, while electric and gas are separately metered.

The property is approximately a mile from LA Live, the Ritz Carlton, the Convention Center, and Crypto Arena. It is also positioned near Downtown Los Angeles, Koreatown, USC, and major employment hubs. The reported 11.7 GRM and 4.25 CAP Rate provide additional operating context for prospective purchasers.

Key Highlights

  • 11‑unit apartment property built in 1923
  • Spanish Colonial architecture with symmetrical facade, arched entry, and red clay tile roof
  • Landscaped central courtyard with gated access

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Buffet Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

3,943
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Spanish Colonial design with a gated courtyard, arched entry, red clay tile roof, and landscaped resident setting.
Where is this apartment building located?
The property is located at 2375 W 12th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 11‑unit apartment property built in 1923; Spanish Colonial architecture with symmetrical facade, arched entry, and red clay tile roof; Landscaped central courtyard with gated access
More about this property
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