12609 Mitchell Avenue, Los Angeles, CA 90066
Local realty services provided by:ERA North Orange County Real Estate
12609 Mitchell Avenue,Los Angeles, CA 90066
$1,500,000
- - Beds
- 4 Baths
- 2,426 sq. ft.
- Multi-family
- Pending
Listed by: keith moret, nicholas ensbury
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26867233
Source:CRMLS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$618.3
About this home
This legacy four-plex held in the same family since 1989, presents a rare opportunity to acquire a character rich, desirable asset in Prime Mar Vista with 3 of 4 units delivered vacant. The new owner will benefit from multiple options to profitability- rehabbing and renting at market, redevelopment for up to 8 units or adding ADU's for substantially higher income (buyer to verify with City). It benefits from a premium location just blocks from the Von's shopping center, the new Culver Public Market and neighborhood dining destinations such as Hatchet Hall and Broken Spanish. The property offers an exceptional blend of long term stability and meaningful value add potential. Built in 1954, the property has 2,426 square feet of improvements on a generous 7,104 SF R3 zoned lot, creating optionality for future expansion, additional units, or ADU development (buyer to verify). The site features an ideal layout: a standalone 3BD/1BA front cottage with a private garage paired with a rear triplex consisting of three well-proportioned 1BD/1BA units all of which will all be delivered vacant. The two rear garages will also be delivered vacant, offering immediate income upside or potential for conversion. The property has been professionally managed by the same operator for 40 years, providing investors with confidence in its operational continuity and clean historical oversight. Recent capital improvements include brand new electrical sub panels in all four units, rebuilt freshly painted stairs and handrails for the rear building, new vertical and horizontal plumbing in the front house and a new heater in Unit 12609. With five total parking spaces and a simple, efficient building configuration, the asset is easy to operate and highly marketable to today's renter base. For investors seeking a blend of stability, upside, and long term optionality, this Mar Vista four plex checks every box: irreplaceable location, strong in-place fundamentals, clear paths to revenue growth, and zoning that supports future redevelopment potential. This is a rare chance to secure a legacy asset in a supply constrained Westside submarket....
Contact an agent
Home facts
- Year built:1954
- Listing ID #:26867233
- Added:52 day(s) ago
- Updated:October 04, 2026 at 08:14 AM
Rooms and interior
- Total bathrooms:4
- Kitchen Description:Disposal
- Living area:2,426 sq. ft.
Heating and cooling
- Heating:Natural Gas, Wall Furnance
Structure and exterior
- Year built:1954
- Building area:2,426 sq. ft.
- Lot area:0.16 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$618.3
Features and amenities
- Appliances:Disposal
Parking
- Total parking spaces:4
- Parking description:Door-Single, Garage
- Garage:Yes
- Garage spaces:4
New listings near 12609 Mitchell Avenue
- Coming Soon
$1,045,000Coming Soon4 beds 2 baths1,880 sq. ft.6646 Berquist, West Hills, CA 91307
MLS# SR26215766Listed by: PINNACLE ESTATE PROPERTIES, INC. - Coming Soon
$575,000Coming Soon2 beds 1 baths758 sq. ft.11465 Amboy Ave., San Fernando, CA 91340
MLS# SR26215773Listed by: KELLER WILLIAMS WORLD MEDIA CENTER - Coming Soon
$5,220,000Coming Soon15 beds 15 baths6,202 sq. ft.837 Waterloo Street, Los Angeles, CA 90026
MLS# 26995835Listed by: COMPASS - Coming Soon
$1,875,000Coming Soon3 beds 3 baths1,803 sq. ft.406 Brooks Avenue, Venice, CA 90291
MLS# SR26212149Listed by: RODEO REALTY - Coming Soon
$750,000Coming Soon4 beds 2 baths1,207 sq. ft.8850 Amboy, Sun Valley, CA 91352
MLS# BB26215754Listed by: BERKSHIRE HATHAWAY HOMESERVICES CREST REAL ESTATE - Coming Soon
$949,000Coming Soon2 beds 1 baths962 sq. ft.4528 College View, Los Angeles, CA 90041
MLS# CV26215780Listed by: NEST REALTY COVINA - Coming Soon
$1,450,000Coming Soon-- beds -- baths1,877 sq. ft.1927 Delta, Los Angeles, CA 90026
MLS# PF26215468Listed by: LPT REALTY - Coming Soon
$2,380,000Coming Soon5 beds 6 baths4,214 sq. ft.12035 Ricasoli, Porter Ranch, CA 91326
MLS# SR26215580Listed by: COMPASS - Coming Soon
$585,000Coming Soon2 beds 1 baths818 sq. ft.5437 Village Green, Los Angeles, CA 90016
MLS# 26995065Listed by: COMPASS - Coming Soon
$2,795,000Coming Soon4 beds 3 baths2,491 sq. ft.3617 Cody Road, Sherman Oaks, CA 91403
MLS# 26996389Listed by: COMPASS