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12400 Mitchell Ave
Los Angeles, CA 90066
7 Units Well-Located in Mar Vista · Multifamily Property For Sale
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7 Units
Investment Highlights
- Well-located 7-unit multifamily investment in the heart of Mar Vista
- Diverse unit mix of one and two-bedroom units
- Seismic Retrofit completed in 2017
- Approximately 40% upside in rents from current to market
- Delivered with one (1) VACANT one-bedroom unit ready for immediate rental or additional renovation
Property Facts
| No. Units | 7 | Building Size | 5,040 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 2.14/1,000 SF |
| Lot Size | 0.11 AC | ||
| Zoning | CR-1 - restricted Density Multiple Dwelling | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,040 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 2.14/1,000 SF |
| Zoning | CR-1 - restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 600 - 650 |
| 2+1 | 3 | - | 750 |
Property Taxes
| Parcel Number | 4235-018-001 | Improvements Assessment | $600,000 |
| Land Assessment | $1,100,000 | Total Assessment | $1,700,000 |
Property Taxes
Parcel Number
4235-018-001
Land Assessment
$1,100,000
Improvements Assessment
$600,000
Total Assessment
$1,700,000
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