12717 Matteson Avenue, Los Angeles, CA 90066
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
12717 Matteson Avenue,Los Angeles, CA 90066
$2,100,000
- 15 Beds
- 14 Baths
- 6,830 sq. ft.
- Multi-family
- Pending
Listed by: keith moret, nicholas ensbury
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:25619125
Source:CRMLS
Price summary
- Price:$2,100,000
- Price per sq. ft.:$307.47
About this home
First time on the market in 36 years! This 9-unit property presents an incredible opportunity to add value to a very desirable asset in a premium location. Built in 1964, the structure totals 6,830 SF situated on a 7,105 SF lot. The unit mix consists of (1) 3Bed/2Bath, (2) 2Bed/2Bath, (2) 2Bed/1Bath and (4) 1Bed/1Bath units. There are 10 parking spaces. The property has been professionally managed for years and offers 60% rental upside. The Pro Forma Cap Rate is 8.77% and Pro Forma GRM is 7.35.The asking price for this asset is $2,100,000 which represents pricing indicators of 3.85% Cap Rate, 11.73 GRM, $233,333 Per Unit and $307.47 Per SF.
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Home facts
- Year built:1964
- Listing ID #:25619125
- Added:215 day(s) ago
- Updated:December 19, 2025 at 08:31 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:14
- Kitchen Description:Disposal
- Living area:6,830 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1964
- Building area:6,830 sq. ft.
- Lot area:0.16 Acres
- Levels:2 Story
Finances and disclosures
- Price:$2,100,000
- Price per sq. ft.:$307.47
Features and amenities
- Appliances:Disposal
Parking
- Total parking spaces:9
- Parking description:Attached Carport
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