A Rare LA Development OpportunityRTI & Ready to Rise Investors, developers, and visionariesthis is the moment youve 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 viabilitywithout 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 theres 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 rooftop area, and a thoughtful design that balances economics with elegance, this project is primed for success. No guesswork, no costly surprisesjust a streamlined path to a high-value asset. Opportunities like this dont sit around in LAare you ready to build the future of 3030 W 12th Place? Lets make it hap
Water Source : Public
Sewer/Septic : Public Sewer
Total Number of Parking Garage Spaces : 2
Total Number of Parking Spaces : 2
Parking Garage : Garage
Parking Non-Garage : Driveway
Accessibility Features : Parking
View : Neighborhood
Roof : Flat
Fireplace Features : FP in Living Room
Flooring : Laminate
Equipment: N/K
Zoning : LAR4
Street Address: Address not disclosed
City: Los Angeles
State: California
Postal Code: 90006
County: Los Angeles
MLS Number: SB25055264
Year Built: 1922
Courtesy of eXp Realty of California, Inc
City: Los Angeles
State: California
Postal Code: 90006
County: Los Angeles
MLS Number: SB25055264
Year Built: 1922
Courtesy of eXp Realty of California, Inc
Courtesy of The Beverly Hills Estates
