3020 W. 12th Street is a twelve-unit multifamily property located in a highly desirable area adjacent to Koreatown in Los Angeles. The building features twelve (12) one-bedroom, one-bathroom units situated on a large 13,193 square-foot lot with R4 zoning.
Seven (7) of the units will be delivered vacant at closing, providing immediate potential for renovation and lease-up at market rents. The property also presents the possibility for additional income through the development of up to two (2) accessory dwelling units (ADUs); buyers are advised to verify all development potential and requirements with the City of Los Angeles.
Positioned in the Mid-Wilshire submarket, the property offers convenient access to major employment centers, public transportation, and popular retail, dining, and entertainment destinations in Koreatown and Downtown Los Angeles.
Sold for $1,400,000
Listed by: Lee Commercial Properties • Edmon Lee • Contact: 818-245-0731
Bought with: Lee Commercial Properties
$1,400,000
3020 W 12th St, Los Angeles, CA 90006
12beds
--baths
7,388sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$189/sqft
$3,064 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,064/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Edmon Lee DRE #01702793 818.245.0731,
Lee Commercial Properties
Bought with:
Edmon Lee, DRE #01702793
Lee Commercial Properties
Source: CRMLS,MLS#: SB25237055
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 7,388
- Total interior livable area: 7,388 sqft
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Ground level with steps
- Pool features: None
Lot
- Size: 0.3 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5080011011
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $299,445
- Annual tax amount: $5,215
- Date on market: 10/10/2025
- Cumulative days on market: 7 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 3290
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Sold | $1,400,000-4%$189/sqft |
Source:  CRMLS #SB25237055 Report a problem | ||
| 10/17/2025 | Pending sale | $1,459,000$197/sqft |
Source: CRMLS #SB25237055 Report a problem | ||
| 10/10/2025 | Listed for sale | $1,459,000+710.6%$197/sqft |
Source: CRMLS #SB25237055 Report a problem | ||
| 11/15/1995 | Sold | $180,000+11.6%$24/sqft |
Source: Public Record Report a problem | ||
| 3/16/1995 | Sold | $161,254$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,215 +1.5% | $299,445 +2% |
| 2024 | $5,137 +1.3% | $293,583 +2% |
| 2023 | $5,071 +3.5% | $287,836 +2% |
| 2022 | $4,900 +2% | $282,202 +2% |
| 2021 | $4,804 -0.6% | $276,679 +1% |
| 2020 | $4,832 | $273,848 +2% |
| 2019 | $4,832 +9.1% | $268,489 +2% |
| 2018 | $4,429 | $263,234 +2.2% |
| 2017 | $4,429 +2.7% | $257,632 +2% |
| 2016 | $4,314 +4.2% | $252,582 +1.5% |
| 2015 | $4,140 -1.3% | $248,789 +2% |
| 2014 | $4,195 | $243,917 +5.3% |
| 2010 | -- | $231,646 +3.8% |
| 2007 | -- | $223,183 +2% |
| 2006 | -- | $218,808 +4% |
| 2004 | -- | $210,314 +8.1% |
| 2000 | -- | $194,554 |
Find assessor info on the county website
Neighborhood: Koreatown
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Nearby schools
GreatSchools rating
- 2/10Los Angeles Elementary SchoolGrades: K-5Distance: 0.1 mi
- 6/10Pio Pico Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 1.2 mi
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- California
- Los Angeles County
- Los Angeles
- 90006
- Koreatown
- 3020 W 12th St
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