CA > Los Angeles
Los Angeles, CA 90066,12718 Mitchell Ave
Los Angeles, CA 90066,12718 Mitchell Ave
Los Angeles, CA 90066,12718 Mitchell Ave
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$2,850,000
Est. payment /mo
11 Beds
11 Baths
7,935 SqFt
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UPDATED:

12/10/2024 04:43 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,935 sqft

Price per Sqft $359

MLS Listing ID 24-465101

Bedrooms 11

Year Built 1971

Lot Size 7,101 Sqft

Acres 0.163

Property Description

$50,000 Price Reduction! 12718 Mitchell Ave is a well-maintained nine-unit apartment building situated in a prime area of Mar Vista. It is conveniently located just one block north of Washington Boulevard and three blocks west of Centinela Avenue, making it close to both Culver City and Marina Del Rey. Built in 1971, the building features a wood frame and stucco construction. The unit mix consists of seven spacious one-bedroom, one-bathroom apartments and two large two-bedroom, two-bathroom apartments. With tenant turnover and updates to modern standards, the rental income could potentially increase by approximately 24%. The property offers on-site laundry facilities, a three-car garage, three parking spaces in front, and six additional spaces in the alleyway. Please note that the mandatory soft-story earthquake retrofit has not yet been completed.

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Driveway, Covered Parking, Garage - 3 Car

Garage Spaces 12.0

Building

Level or Stories Two

Others

Special Listing Condition Standard

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Listed by Marcus & Millichap

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agent

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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