12400 Mitchell Avenue, Los Angeles, CA 90066

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
12400 Mitchell Avenue,Los Angeles, CA 90066
$1,795,000
  • - Beds
  • - Baths
  • 5,040 sq. ft.
  • Multi-family
  • Active
Listed by:everett wong
Office:greysteel california, inc.
MLS#:PW25198836
Source:CRMLS

Price summary

  • Price:$1,795,000
  • Price per sq. ft.:$356.15

About this home

Presenting 12400 Mitchell Avenue, a well-located 7-unit multifamily investment in the heart of Mar Vista. This prime Westside multifamily asset is positioned at the intersection of Mitchell Avenue and Centinela, offering excellent visibility in a transit-oriented location. With an attractive and diverse unit mix of three (3) two-bedrooms and four (4) 1-bedrooms, the property is currently achieving solid rents averaging approximately $1,805 per month, with an estimated 40% rental upside from current to market. Delivered with a vacant 1-bedroom in leasable condition (projected at $2,300/month), new ownership may immediately implement a value-add strategy to capture additional income. The building has already completed the required Los Angeles Seismic Retrofit. Ideally situated in one of LA’s most desirable Westside rental submarkets, the property benefits from strong renter demand, walkability to popular dining and retail along Venice Boulevard, and close proximity to major employment

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Home facts

  • Year built:1957
  • Listing ID #:PW25198836
  • Added:54 day(s) ago
  • Updated:October 28, 2025 at 10:52 AM

Rooms and interior

  • Living area:5,040 sq. ft.

Structure and exterior

  • Year built:1957
  • Building area:5,040 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,795,000
  • Price per sq. ft.:$356.15
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