Los Angeles, CA 90018,2924 12th AVE
Los Angeles, CA 90018,2924 12th AVE
Los Angeles, CA 90018,2924 12th AVE
Los Angeles, CA 90018,2924 12th AVE
Los Angeles, CA 90018,2924 12th AVE
Los Angeles, CA 90018,2924 12th AVE
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$1,900,000

$1,695,000

12.1%
Est.Price: ?

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Est. payment /mo

8 Beds

5 Baths

5,366 SqFt


SOLD DATE : 09/21/2023

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,366 sqft

Price per Sqft $354

MLS Listing ID 22181807

Sold Date 09/21/23

Bedrooms 8

HOA Y/N No

Year Built 1929

Lot Size 6,786 Sqft

Property Description

Welcome to this 1929 Spanish Colonial building in West Adams/Jefferson Park. The owners bought this home as their first home and have preserved the original charm. How about a conversion - Ellis Act - Tenants in Common, Condo Conversion or add ADUs in back - new ADU laws came into effect this year. All units have high coved ceilings, arched doorways, built-ins in the hallways, kitchens, and laundry/service areas. All units bask in the natural light that cascades in through tall windows in the living room and dining room, and top units have city views, and more windows along the north side of the living room and the dining room with arched entries. Behind the dining room is the kitchen and laundry/service area with more charm as the owner preserved the original design elements but still updated the units with laundry, newer water heaters, granite countertops and cabinetry. The owners did update the lighting, kitchen and bathroom fixtures with more energy efficient materials along with the newer energy efficient appliances. The hardwood floors are original in the two upstairs units. Downstairs there are two units, where the owner has made more updates. The southwest facing unit, is the unit that was previously occupied by the sellers and has a second bathroom with a custom shower, the kitchen has an open concept layout and the laundry is also newer and centrally located in the hallway. The owner installed an energy efficient split line cooling system and upgrading the lighting and fixtures to more modern energy efficient materials. The bottom unit facing northwest has also had some plumbing upgrades in recent years. Each unit is more than 1300 square feet, with their own water heaters and laundry in each unit. There are 4 single car garages in the back of the bldg, park one car outside the garage with room to enter and exit down the driveway. 3 newer kitchens and 5 newer bathrooms. The owner had a contractor recently replace the concrete driveway and parking area in front of each garage. The owner completed a partial plumbing repipe, updated the sewer line, new roof installed 2023, upgraded electrical and panels, new concrete driveway installed 2022 and areas outside of the garage, and installed new garage doors in 2022 on top of the interior updates. Two units will be delivered vacant. The lot is zoned LARD 1.5 - it may be possible for an owner to add 2 units under the ADU laws, or perhaps demo and build all new units. Buyer to verify codes and requirements with the city, do not rely on MLS as the city planning/bldg and safety dept has specific guidelines that must be met.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s), Utility Room

Flooring Vinyl, Wood

Fireplaces Type Decorative

Fireplace Yes

Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer

Laundry Laundry Room

Exterior

Parking Features Concrete, Driveway

Pool None

View Y/N Yes

Total Parking Spaces 8

Private Pool No

Building

Lot Description Lawn, Landscaped

Faces West

Story 2

Foundation Raised

Architectural Style Spanish

New Construction No

Others

Senior Community No

Tax ID 5051025006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Cristina Warfield • Compass
Bought with Cristina Warfield • Compass
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