2006 W 12th St Los Angeles, CA 90006
Pico-Union NeighborhoodEstimated payment $5,682/month
4
Beds
3
Baths
2,166
Sq Ft
$461
Price per Sq Ft
About This Home
LOCATION! LOCATION! LOCATION! Prime investment opportunity in the highly desirable Pico Union neighborhood near Downtown Los Angeles. Perfect for investors, developers, and first-time homebuyers, this triplex is positioned within a TOC Tier 4 zone, offering outstanding potential for increased density and future development. The property features two separate structures: a front duplex with upstairs and downstairs units, each offering 1 bedroom and 1 bathroom, and a detached rear house with 2 bedrooms and 1 bathroom. Centrally located north of USC and just minutes from the vibrant city lights of Downtown LA, major sports arenas, and entertainment venues, this property offers an enviable, accessible location in one of the city’s most active rental markets. Tenants enjoy convenient access to public transit, shopping, trendy dining, and excellent schools, ensuring consistently high demand and low vacancies. The property also includes on-site parking for six vehicles, adding additional value and convenience. Situated on a generous 6,078 sq ft lot with 2,166 sq ft of living space, this property offers incredible upside with the right vision and improvements. PLEASE DO NOT DISTURB TENANTS — DRIVE BY ONLY.
Last Listed By
Las Casas Realty, Inc. Brokerage Phone: 323-309-7698 License #01040221 Listed on: 05/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,558
Year Built
- Built in 1920
Lot Details
- 6,080 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Triplex
Interior Spaces
- 2,166 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 209
- Assessor Parcel Number 5136023003
- $451 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $100
- Insurance Expense $250
- Water Sewer Expense $150
- Operating Expense $500
- Gross Income $40,368
- Net Operating Income $39,868
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,558 | $342,674 | $333,675 | $8,999 |
| 2023 | $4,480 | $335,956 | $327,133 | $8,823 |
| 2022 | $4,288 | $329,369 | $320,719 | $8,650 |
| 2021 | $4,225 | $322,912 | $314,431 | $8,481 |
| 2020 | $4,263 | $319,602 | $311,207 | $8,395 |
| 2019 | $4,107 | $313,336 | $305,105 | $8,231 |
| 2018 | $3,979 | $307,193 | $299,123 | $8,070 |
| 2016 | $3,792 | $295,265 | $287,508 | $7,757 |
| 2015 | $3,739 | $290,831 | $283,190 | $7,641 |
| 2014 | $3,773 | $285,135 | $277,643 | $7,492 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $999,000 | -- | $461 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $111,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25118770
APN: 5136-023-003
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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