| Primary address | 1516 West 12th Place, Los Angeles |
| Alternate address(es) | 1518 W 12th Pl |
| Zip code | 90015 |
| County | Los Angeles |
| Municipality | Los Angeles |
| Neighborhood | Pico - Union |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 10/14/2022 |
| Sale price | $1,000,000 |
| Arm's length | Register |
| Current property tax | $14,340 |
| Building sqft | 2,497 |
| Building class | Three Units (Any Combination) - 4 Stories or Less (0300) |
| Acreage | 0.143
|
| Units | 3 |
| Year built | 1889 |
| Year last altered | Register |
| Stories | 4 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Zoning district | Multiple Dwelling (R4) |
| Weed hazard | No |
| School district | Los Angeles Unified School District |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
1516 West 12th Place, Los Angeles, CA 90015 was built in 1889 and has a total of 2,497 square feet.
What is the assessed value of 1516 West 12th Place, Los Angeles, CA 90015 and the property tax paid?Assessed at $1,167,328, the tax amount paid for 1516 West 12th Place, Los Angeles, CA 90015 is $13,860.
When was 1516 West 12th Place, Los Angeles, CA 90015 last sold and what was the last sale price?1516 West 12th Place, Los Angeles, CA 90015 was last sold in 10/14/2022 for $1,000,000.
How many residential units does this building have?This building has 3 residential unit(s). There are 1 active listings at this address.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Sale |
|---|---|
| Listing date | 03/03/2026 |
| Last updated | 05/26/2026 |
| Lot size | 6249 SF |
This exceptional opportunity features a 20-unit building part of a three-property affordable housing portfolio totaling 72 newly constructed units located across strategic Los Angeles submarkets. Scheduled for completion in April 2026, the portfolio offers investors the rare ability to acquire turnkey affordable housing assets with modern construction, efficient layouts, and long-term stabilized income potential.
The offering consists of:
20 Units – 1516 W. 12th Place: $4,900,000
35 Units – 3217 S. Central Avenue: $8,260,000
17 Units – 4821 Compton Avenue: $4,080,000
Each property is a newly developed three-story building with elevator service, designed to meet modern affordable housing standards while minimizing operational complexity. All units feature one-bedroom / one-bathroom layouts with central air conditioning, appealing to strong tenant demand within the Los Angeles rental market.
Residents will benefit from thoughtfully designed amenities including rooftop decks and dedicated bicycle storage rooms, enhancing livability while maintaining an efficient, transit-oriented design with no on-site parking requirements.
Investors have the flexibility to acquire the assets individually or as a combined portfolio, allowing for strategic capital deployment and scalable ownership.
THIS IS NOT A PUBLIC HOUSING FACILITY OWNED AND OPERATED BY, FOR OR ON BEHALF OF A PUBLIC ENTITY, AND NO TAX CREDIT RECEIVED FROM STATE OR FEDERAL.
NOT A TCAC FACILITY, AND NOT A SOCIAL SERVICE CENTER. 100% PRIVATELY FUNDED.
Create a free account to view the complete sales history for 1516 West 12th Place, Los Angeles, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 1516 West 12th Place, Los Angeles, CA 90015. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Base tax | $13,861 |
| Current property tax | $14,340 |
| Market value | $1,167,328 |
| Tax per sqft | $6 |
Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.
| Code | Description | Tax levied |
|---|---|---|
| 03694 | La County Regional Park And Open Space District | Register |
| 18851 | Los Angeles City Light Maintenance | Register |
| 03071 | Los Angeles County Flood Control | Register |
| 00170 | Los Angeles County Trauma/Emerg Srvs | Register |
| 18850 | Los Angeles Landscape & Lighting Dist #96-1 | Register |
Here's the assessment & property tax history for 1516 West 12th Place, Los Angeles, including the evolution of the total tax rate and corresponding property tax.
| Year | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|
| 2025-2026 | $1,167,328 | 1.1874 | $13,861 | +0.95% |
| 2024-2025 | $1,144,440 | 1.1997 | $13,730 | +2.03% |
| 2023-2024 | $1,122,000 | 1.1994 | $13,457 | +0.89% |
| 2022-2023 | $1,144,440 | 1.1655 | $13,338 | +165.49% |
| 2021-2022 | $427,521 | 1.1752 | $5,024 | -1.07% |
The complete history of permits filed for 1516 West 12th Place, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles County.
Check out recently sold homes in Los-Angeles and see how their prices compare.
Create a free account to unlock extended information for 1516 West 12th Place, Los Angeles, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Faults and tsunami inundation zone map | Register |
| Landslides and liquefaction map | Register |
| Earthquake-induced liquefaction area | Register |
Access the detailed traffic volume map for 1516 West 12th Place, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Equitas Academy 6 | NR | Charter | K-4 | 124 | 0.12 |
| Equitas Academy Charter School | 7 | Charter | K-4 | 453 | 0.17 |
| Equitas Academy #3 | 6 | Charter | K-4 | 473 | 0.26 |
| Equitas Academy 5 | 5 | Charter | K-4 | 175 | 0.26 |
| Tenth Street Elementary School | 3 | Public | 1-5 | 362 | 0.27 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Immaculate Conception | NR | Private | PK-8 | 239 | 0.50 |
| Downtown Value School | 3 | Charter | K-8 | 437 | 0.57 |
| Alliance Gertz-Ressler Richard Merkin 6-12 Complex | 7 | Charter | 6-12 | 998 | 0.71 |
| Camino Nuevo Burlington | 6 | Charter | K-8 | 602 | 0.75 |
| John H. Liechty Middle School | 2 | Public | 6-8 | 851 | 0.77 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| University Preparatory Value High | 6 | Charter | 9-12 | 485 | 0.34 |
| Alliance Dr. Olga Mohan High School | 8 | Charter | 9-12 | 466 | 0.60 |
| Alliance Gertz-Ressler Richard Merkin 6-12 Complex | 7 | Charter | 6-12 | 998 | 0.71 |
| Glory Christian School | NR | Private | 1-12 | 28 | 0.85 |
| Abram Friedman Occupational | NR | Public | 0 | 0.91 |
Data provided by GreatSchools.org © 2025. All rights reserved.
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