There are multiple listings for this address:
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
Property Details
Price:
$2,388,000
MLS #:
SB25055264
Status:
Active
Beds:
2
Baths:
2
Address:
3030 W 12th Place
Type:
Single Family
Subtype:
Duplex
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Mar 11, 2025
State:
CA
Finished Sq Ft:
1,936
ZIP:
90006
Lot Size:
7,013 sqft / 0.16 acres (approx)
Year Built:
1922
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
Interior
Accessibility Features
Parking
Cooling
None
Fireplace Features
Living Room
Flooring
Laminate
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Features
Driveway, Garage
Parking Spots
2.00
Pool Features
None
Roof
Flat
Sewer
Public Sewer
Stories Total
1
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address3030 W 12th Place Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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3030 W 12th Place
Los Angeles, CA
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
Property Details
Price:
$2,388,000
MLS #:
SB25056027
Status:
Active
Baths:
0
Address:
3030 W 12th Place
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Mar 11, 2025
State:
CA
ZIP:
90006
Lot Size:
7,013 sqft / 0.16 acres (approx)
Year Built:
1922
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
Interior
Accessibility Features
Parking
Cooling
None
Fireplace Features
Living Room
Flooring
Laminate
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Features
Driveway, Garage
Parking Spots
2.00
Pool Features
None
Roof
Flat
Sewer
Public Sewer
Stories Total
1
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address3030 W 12th Place Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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