12400 Mitchell Avenue, Los Angeles, CA 90066
Local realty services provided by:ERA Excel Realty
12400 Mitchell Avenue,Los Angeles, CA 90066
$1,795,000
- - Beds
- - Baths
- 5,040 sq. ft.
- Multi-family
- Active
Listed by:everett wong
Office:greysteel california, inc.
MLS#:PW25198836
Source:CRMLS
Price summary
- Price:$1,795,000
- Price per sq. ft.:$356.15
About this home
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.
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Home facts
- Year built:1957
- Listing ID #:PW25198836
- Added:1 day(s) ago
- Updated:September 05, 2025 at 01:26 PM
Rooms and interior
- Living area:5,040 sq. ft.
Structure and exterior
- Year built:1957
- Building area:5,040 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,795,000
- Price per sq. ft.:$356.15
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