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2924 12th Avenue

Los Angeles (City), CA 90018
  • $1,695,000
  • STATUS: Active
  • ON SITE: 264 Days
  • ID#: 22181807
UPDATED: 72 min ago
$1,695,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,366
    SQFT
  • $316
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Listing Agent(s): Cristina Warfield of Compass (310-437-7500)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T16:34:25.043. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/133181110
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2924 12th Avenue Los Angeles (City), CA 90018

  • Price: $1,695,000
  • Status: Active
  • On Site: 264 Days
  • Updated: 72 min ago
  • ID#: 22181807
8
Beds
0
Baths
0
½ Baths
0.16
Acres
5,366
SQFT
$316
$/SQFT
1929
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
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.
Exterior Features

Architectural Style Spanish Construction Materials Stucco Direction Faces West Entry Level 1 Foundation Details Raised Lot Features LawnLandscaped Open Parking Spaces 4 Parking Features ConcreteDriveway Parking Total 8 Pool Features None Pool Private YN No View YN Yes

Interior Features

Appliances DishwasherDisposalRefrigeratorDryerWasher Fireplace Features Decorative Fireplace YN Yes Flooring VinylWood Interior Features Ceiling Fan(S)Utility Room

Property Features

Association YN No Buyer Financing CashConventional Disclosures Rent Control Exclusions Tenant Personal Property Gross Income 13700 Laundry Features Laundry Room Listing Agreement Seller Reserved Listing Service Full Service Listing Terms CashConventional Net Operating Income 13700 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 2 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T16:34:25.043. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Cristina Warfield of Compass (310-437-7500)