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$2,600,000
New Listing
12231 Pacific AvenueLos Angeles, CA 90066
For Sale|Residential Income|Active
16
Beds
13
Total Baths
6,950
SqFt
$374
/SqFt
1963
Built
County:
Los Angeles
Listed by Raisa Lobo of Compass [email protected]
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Monthly Payment (Est.)
$11,862Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
We are pleased to exclusively offer this A+ location 7-unit multifamily property located at 12231 Pacific Avenue in the heart of Mar Vista. The 6,950 square foot building features a well-designed unit mix of (4) 2-bedroom, 2-bathroom unit and (2) 3-bedroom, 2-bathroom units and (1) 2-bedroom, 1-bathroom unit. This asset presents a unique "blank slate" opportunity for an investor to implement a value-add business plan. The strategy involves renovating the units to modern standards targeting a gross monthly income of $23,000. This represents a 24.3% increase over the pro-forma gross monthly rent of $18,500. 12 parking spaces and laundry room in complex with potential for increased revenue.
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Listing Snapshot
Price
$2,600,000
Days On Site
0 Days
Bedrooms
16
Inside Area (SqFt)
6,950 sqft
Total Baths
13
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1722 Acres
Year Built
1963
MLS® Number
26659095
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| 3 hours ago | Listing updated with changes from the MLS® | |
| 12 hours ago | Listing first seen on site |
General Features
Acres
0.1722
Levels
Two
Number Of Stories
2
Parking
Driveway
Parking Spaces
12
Special Circumstances
Standard
SqFt Total
6950
Zoning
LAR3
Interior Features
Heating
Wall Furnace
Laundry Features
Common Area
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Community Features
MLS Area
C13 - Palms - Mar Vista
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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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