$649,000

1664 W 12th

Los Angeles, CA 90015

Listed by TONY SERRANO CA DRE# 01384277 with CENTURY 21 REALTY MASTERS (562-307-4080)

Property Details

Lot Size: 6,250 sqft
Year Built: 1897
Property Type: Duplex
Garage: 0
Days on Market: 18
MLS #: MB26164928

About This Property

Located in the highly sought-after Alvarado Terrace Historic District of Pico-Union, this early-1900s Craftsman presents an exceptional restoration and investment opportunity. Offering approximately 1,331 square feet of living space on a 6,250-square-foot LARD1.5-zoned lot, the property features three bedrooms, two bathrooms, and a large basement with potential for additional living space, a guest suite, or an ADU—subject to city approval, zoning requirements, and historic-district guidelines. The tenant-occupied residence is presently configured with two independent living areas. The front section includes two bedrooms and one bathroom, while the rear section offers one bedroom and one bathroom. A long central corridor, original character, and large double doors highlight the home’s unique Craftsman-era design. Surrounded by distinctive historic homes and multimillion-dollar properties, this Pico-Union investment property provides convenient access to public transportation, Downtown Los Angeles, Crypto.com Arena, Koreatown, Westlake, Larchmont Village, and Hollywood. With renovation and restoration, the property may offer significant upside potential. The seller suggests a possible after-repair value of approximately $1.2 million; buyers should independently verify projected value, permitted use, zoning, square footage, unit configuration, ADU feasibility, and development potential. An excellent opportunity for an investor, developer, contractor, or buyer searching for a historic Craftsman home to restore in Central Los Angeles.