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$1,599,000

Beds
5
Baths
3.75
sq ft
2,135

3035 12th Ave, Los Angeles, CA 90018

3035 12th Ave

Los Angeles, CA 90018

  • <1 day on market
    • Open house Mar 16
Rare income opportunity in prime Jefferson Park perfect for owner occupants or investors! This beautifully reimagined 1920's 3bed/2bath Spanish bungalow with a new permitted 2bed/2bath guest house (ADU) is ready for its new owners. Having been meticulously remodeled from top to bottom these spaces offer a quintessential California living experience. The main house features 3 bedrooms and 2 bathrooms with an open-concept living, dining, and kitchen area filled with natural light. Custom cabinetry wrapped in stone countertops elevate the space, letting all who enter know that design was front of mind. Leave the dutch door ajar and enjoy the breeze while whipping up dinner with new Stainless Steel appliances. The primary suite includes designer selected sconces, a spacious walk-in closet, and a luxurious en-suite bath with dual vanity, a large shower, and custom cabinetry. No expense was spared in the newly built detached ADU with a uniquely large 2 bedrooms, 2 bathroom floorpan. High ceilings compliment an open-concept living area filled with warmth and light. The high quality finishes continue throughout the guest house from custom cabinets to stone counters such a thoughtful space for guests, rental income, or multi-generational living.Functional upgrades include all new electrical wiring and a 200-amp panel, upgraded plumbing, a new HVAC system for the main house, three new mini-split systems for the ADU, new tankless water heaters, a newly poured driveway, new fencing, and curated landscaping with irrigation. Centrally located near Culver City, DTLA, USC Village, the Expo and Crenshaw metro lines, and popular West Adams and Jefferson Park dining hotspots like Highly Likely, Mizlala, Johnny Pastrami, and more. Whether you live in one and rent the other or create your first multi-income investment property, the possibilities are endless. This turnkey property offers versatile living options and an incredible opportunity in one of LA's most vibrant neighborhoods. Welcome home!

Details

Property type

Single Family Residence

Est. home value

$1,097,697

Lot size

5,302 sq ft

Price per sq ft

$749

Year built

1924

HOA

No

Price History

03/14/2025
CLAW

CLAW #25511857

Listed
$1,599,000
+77.67%
01/13/2022
CRMLS

CRMLS #SB21254668

Sold
$900,000

Schools & Community

Neighborhood: 

Jefferson Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bradley Wayne

Loan start date

February 2022

Original loan amount

$450,000

Est. remaining balance

Not provided

Interest rate

3.12%

Loan type

Commercial

Seller

Kph Partners Llc

Lender

Anchor Loans Inc

Loan start date

December 2021

Original loan amount

$947,500

Est. remaining balance

Not provided

Interest rate

3.14%

Loan type

Commercial

Seller

Kph Partners Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/15/2025 at 12:10 AM

Listing updated: 03/14/2025 at 8:15 PM

Listed by: Dominique Madden, ACME Real Estate Phone #: (323) 596-0006

MLS: CLAW #25511857

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