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 ro
MLS #
CRSB25056027
MLS Source
California Regional MLS
Days on Site
15
Laundry
None
Roof
Flat, Barrel / Truss
Pool
None
Garage/Parking
Garage, Other, Garage: 2 Car(s)
HOA Fee
$0
Listing Agent
Edward Kaminsky
eXp Realty of California, Inc
License #: 00958114
Phone: –
Co-Listing Agent
Bahahdi Allal
eXp Realty of California Inc
License #: 02117021
Phone: (760) 791-9792
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 2 |
3030 W 12th Pl is a Duplex in Los Angeles, CA 90006. This – square foot property sits on a 7,013 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,388,000 and was built in 1922.
This address can also be written as 3030 W 12th Pl, Los Angeles, CA 90006.©2025 California Regional MLS. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 21, 2025. For the most current information, please contact Edward Kaminsky