$2,388,000

3030 W 12th Pl Los Angeles, CA 90006

$10,000
Closing credit¹
2 beds
2 full
1,936 sqft
0.2 acres
$1,233 / sqft
Multi-Family

Property details

About 3030 W 12th Pl

A Rare LA Development Opportunity—RTI & Ready to Rise Investors, developers, and visionaries—this is the moment you’ve been waiting for. Welcome to 3030 W 12th Place, where an RTI-approved, 17-unit project is ready to take shape in the heart of Los Angeles. Currently home to a fully vacant duplex, this site holds the blueprint for something much bigger: a five-story, 12,092 sqft multi-unit building designed for maximum efficiency and economic viability—without sacrificing quality. This project is designed to be both cost-smart and highly efficient. With on-grade parking rather than costly subterranean excavation, an exterior egress balcony that eliminates the need for extensive interior walls, and a wood-frame staircase in place of a heavy steel structure, every aspect has been carefully considered to keep costs down while maintaining integrity. Additionally, underground electric service from the power pole means there’s no need for an on-site transformer, streamlining the build even further. Unlike fully affordable developments, this project only requires two affordable ELI units, making it a rare find in the market. Adding to its appeal, two of the residences feature double-height ceilings with loft spaces, offering a premium, open-concept feel. With six parking spaces, a rooftop area, and a thoughtful design that balances economics with elegance, this project is primed for success. No guesswork, no costly surprises—just a streamlined path to a high-value asset. Opportunities like this don’t sit around in LA—are you ready to build the future of 3030 W 12th Place? Let’s make it happen. Email or Text for PLANS

Highlights

Home typeDuplex
StatusActive
Size1,936 sqft
Lot size0.161 Acres
Year built1922
ParkingDriveway, Garage
MLS #SB25055264
Garage2 spaces
FireplaceLiving Room
ViewNeighborhood

Summary

  • MLS Number: SB25055264
  • MLS Name: CRMLS
  • Office Name: eXp Realty of California, Inc
  • Office Phone: (310) 427-2414
  • Listing Agent: Edward Kaminsky

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property with fence

$2,388,000

3030 W 12th Pl

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 11, 2022
Home Sold
$1,350,000
Oct 01, 2021
Home Sold
$1,325,000
Mar 19, 2021
Home Sold
$915,000

Tax history

YearAssessmentProperty Tax
2024$1,404,540$17,213
2023$1,377,000$16,882
2022$1,325,000$15,808
2021$847,573$10,308
2020$838,883$10,002
2019$822,435$9,905
2018$806,310$9,692
2017$790,500$9,692

History based on county public records data.

Nearby schools

4

Los Angeles Elementary

Public District KG-5

0.1 mi

1211 S Hobart Blvd

4

Vista Horizon Global Academy

Public Charter KG-5

0.4 mi

980 S Hobart Blvd

4

Hobart Boulevard Elementary School

Public District KG-5

0.4 mi

980 S Hobart Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,442. The most common annual income of people living in Los Angeles, CA is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

68%
<35k
26%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
13%
Single, with Kids
22%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3030 W 12th Pl in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 1,936 square foot home, which was built in 1922, sits on a 0.16 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $2,388,000.

Los Angeles, CA housing market in March 2025 saw over 302 listings sold above listed price, more than 116 sold at listed price and over 322 sold below. The number of listings in Los Angeles, CA increased by 13.7% between February and March 2025. While the average time on the market in March 2025 was 39 days, the median list price was $940,937.

From Rocket Homes Real Estate and based on county public records data.

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