CA > Los Angeles
Los Angeles, CA 90066,12400 Mitchell AVE
Los Angeles, CA 90066,12400 Mitchell AVE
Los Angeles, CA 90066,12400 Mitchell AVE
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Beverly & Hector Team

Beverly & Hector Team

+1(626) 922-9910
$1,795,000
Est. payment /mo
4,900 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25198836

HOA Y/N No

Year Built 1957

Lot Size 4,900 Sqft

Property Sub-Type Mixed Use

Property Description

Presenting 12400 Mitchell Avenue, a well-located 7-unit multifamily investment in the heart of Mar Vista. This prime Westside multifamily asset is positioned at the intersection of Mitchell Avenue and Centinela, offering excellent visibility in a transit-oriented location. With an attractive and diverse unit mix of three (3) two-bedrooms and four (4) 1-bedrooms, the property is currently achieving solid rents averaging approximately $1,805 per month, with an estimated 40% rental upside from current to market. Delivered with a vacant 1-bedroom in leasable condition (projected at $2,300/month), new ownership may immediately implement a value-add strategy to capture additional income. The building has already completed the required Los Angeles Seismic Retrofit. Ideally situated in one of LA's most desirable Westside rental submarkets, the property benefits from strong renter demand, walkability to popular dining and retail along Venice Boulevard, and close proximity to major employment hubs in Culver City, Venice, Santa Monica, West LA and Playa Vista.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LACR

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Attached Carport

Garage Spaces 5.0

Carport Spaces 5

Garage Description 5.0

Pool None

Community Features Urban

Total Parking Spaces 10

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4235018001

Energy Description 1911.0

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Everett Wong Greysteel California, Inc. 310-382-6705
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+1(626) 922-9910

team@bh-realtor.com

1411 S Diamond Bar Blvd, Diamond Bar, CA, 91765, USA

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