$2,600,000

12231 Pacific Avenue, Los Angeles, CA 90066

  • 6,950 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $374/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

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.

Listing Status:
Active
Date Added:
March 3, 2026
Data Last Updated:
April 2, 2026 at 12:06AM
Listing Office:
Compass : 310-437-7500
Listing Agent:
Raisa Lobo : 310-218-7126
MLS ID:
CL26659095
  • Laundry: Common Area
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Other
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR34235023025
  • Source: CRMLS

This listing courtesy of Raisa Lobo , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

G

Grand View Boulevard Elementary School

3951 Grand View Blvd, Los Angeles, CA, 90066

Grades KG-5

0.15 miles away

J

James J. Mcbride Special Education Center

3960 S Centinela Ave, Los Angeles, CA, 90066

Grades 6-12

0.20 miles away

J

James J. Mcbride Special Education Center

3960 S Centinela Ave, Los Angeles, CA, 90066

Grades 6-12

0.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby