612 E. 12th Street presents a solid investment opportunity in a prime Los Angeles location. The property consists of an approximately 7,500 square foot building and is currently leased to an established tenant, providing immediate and predictable cash flow from day one.This asset is well suited for investors seeking stable income with minimal management responsibilities, while still offering long-term upside in a strong urban market. The in-place tenancy mitigates vacancy risk and allows ownership to benefit from continued operations without the need for repositioning or lease-up.An ideal opportunity for investors looking for a reliable, income-producing asset in a high-demand Los Angeles submarket.
| MLS # | 26639241 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 234 |
| Listing Provided By | Andrew C. Lee | Moussa Mehdizadeh |
| SQ Feet | 7,500 |
|---|---|
| Units | 1 |
| Building(s) | 1 |
| Zoning | LAM2 |
| Acreage | 0.17 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Electric | Standard |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90015 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90015) | |
Price: $2,560,000 low | high Med: $849,000 sqft: 7,500 low | high Med: 3,700 $ / sqft: $341 low | high Med: $229 On site: 234 low | high Med: 17 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90015 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90015) | |
Price: $2,560,000 low | high Med: $849,000 sqft: 7,500 low | high Med: 3,700 $ / sqft: $341 low | high Med: $229 On site: 234 low | high Med: 17 | |