Back

1 of 15

2 of 15

3 of 15

4 of 15

5 of 15

6 of 15

7 of 15

8 of 15

9 of 15

10 of 15

11 of 15

12 of 15

13 of 15

14 of 15

15 of 15

2942 W 12th St
Los Angeles, CA 90006 Harvard Heights

$1,150,000 USD

Apartments For Sale • 5,020 SF

Property Details

Property Type Apartments
Total Building Size 5,020 SF
Lot Size 0.14 AC
Building Class C
Year Built 1925
Cap Rate 5.20 %
Zoning LAR3

80 Transit Score

80 Walk Score

                
                    Highlights
                
                                Value Add Opportunity With Over 50% Upside in Rents
                            
                                Pro Forma 8.97% Cap Rate
                            
                                Detached 5 Bed / 2 Bath Craftsman House Delivered Vacant - Great Owner Occupant Opportunity
                            
                                R-3 Medium Density Zoning + Tier 2 TOC Program (Density Bonus)
                            
                                Low Price Per Square Foot - $229
                            
                                Walk Score: 93 - Daily Errands Do Not Require a Car

Property Flyers

2942 W 12th St-OM

Financial Summary (Proforma)

Net Operating Income: $103,112 USD (2026)

Cap Rate:	5.20 %
Total Expenses:	$27,046 USD

Amenities

Washer/Dryer Hookup
Heating
Hardwood Floors
Double Pane Windows

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	10 min	-	4.9 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	12 min	-	5.2 mi
Transit/Subway	Drive	Walk	Distance
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	20 min	1.1 mi
Airport	Drive	Walk	Distance
Los Angeles International	22 min	-	12.3 mi
Bob Hope	23 min	-	13.1 mi
Long Beach (Daugherty Field)	32 min	-	23.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	OneCarGarage
Included in Rent:	Yes

Drew McAllister 925-683-9203 NRE Commercial

2942 W 12th St Los Angeles, CA 90006 Harvard Heights