12231 Pacific Avenue, Los Angeles, CA 90066

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Champions
12231 Pacific Avenue,Los Angeles, CA 90066
$2,350,000
  • 16 Beds
  • 13 Baths
  • 6,950 sq. ft.
  • Multi-family
  • Active
Listed by: raisa lobo, jennifer portnoy
Office: compass310-437-7500
MLS#:26659095
Source:CRMLS

Price summary

  • Price:$2,350,000
  • Price per sq. ft.:$338.13

About this home

We are pleased to exclusively offer this A+ location 7-unit multifamily property located at 12231 Pacific Avenue in the heart of Mar Vista. The 6,950 square foot building features a well-designed unit mix of (4) 2-bedroom, 2-bathroom unit and (2) 3-bedroom, 2-bathroom units and (1) 2-bedroom, 1-bathroom unit. This asset presents a unique "blank slate" opportunity for an investor to implement a value-add business plan. The strategy involves renovating the units to modern standards targeting a gross monthly income of $23,000. This represents a 24.3% increase over the pro-forma gross monthly rent of $18,500. 12 parking spaces and laundry room in complex with potential for increased revenue.

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Home facts

  • Year built:1963
  • Listing ID #:26659095
  • Added:51 day(s) ago
  • Updated:April 24, 2026 at 10:39 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:13
  • Living area:6,950 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1963
  • Building area:6,950 sq. ft.
  • Lot area:0.17 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,350,000
  • Price per sq. ft.:$338.13

Parking

  • Total parking spaces:12
  • Parking description:Driveway
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