12231 Pacific Avenue, Los Angeles, CA 90066

Los Angeles
Local realty services provided by:ERA Excel Realty
12231 Pacific Avenue,Los Angeles, CA 90066
$2,350,000
  • 16 Beds
  • 13 Baths
  • 6,950 sq. ft.
  • Multi-family
  • Active
Listed by: raisa lobo, jennifer portnoy
Office: compass310-437-7500
MLS#:26659095
Source:CRMLS

Price summary

  • Price:$2,350,000
  • Price per sq. ft.:$338.13

About this home

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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Home facts

  • Year built:1963
  • Listing ID #:26659095
  • Added:57 day(s) ago
  • Updated:April 23, 2026 at 01:18 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:13
  • Living area:6,950 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1963
  • Building area:6,950 sq. ft.
  • Lot area:0.17 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,350,000
  • Price per sq. ft.:$338.13

Features and amenities

  • Laundry features:Common Area

Parking

  • Total parking spaces:12
  • Parking description:Driveway
Based on information from California Regional Multiple Listing Service, Inc. as of April 30, 2026 . 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. 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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