12535 Pacific Avenue, Los Angeles, CA 90066
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
12535 Pacific Avenue,Los Angeles, CA 90066
$2,150,000
- 12 Beds
- 13 Baths
- 6,404 sq. ft.
- Multi-family
- Active
Listed by: filip niculete, glen scher
Office: marcus & millichap818-212-2700
MLS#:26997097
Source:CRMLS
Price summary
- Price:$2,150,000
- Price per sq. ft.:$335.73
About this home
We are pleased to present 12535 Pacific Avenue, a nine-unit apartment building in Mar Vista. A qualified buyer may assume the existing Chase loan at 4.48%, fixed through 06/01/2029, subject to Chase's approval. Built in 1962, the two-story wood-frame building holds one single, four one-bedroom, one-bath units and four two bedroom, two-bath units in 6,404 square feet on a 6,992-square-foot R3-1 lot, with tuck-under parking. All nine units are registered under the Los Angeles Rent Stabilization Ordinance.The investment case is stabilized income with rent growth as long-term tenancies turn. Four units leased between November 2025 and September 2026 at $1,950 to $2,750 a month, and four tenancies in place since 2014 or earlier hold the building's rent upside. Major building work is already complete: the soft-story retrofit, dual-glazed windows and an earthquake gas shutoff valve.The offering suits 1031 exchange buyers and private investors looking for Westside rentalincome with fixed-rate financing in place, within a short drive of the Playa Vista, Culver City and Santa Monica job centers.The property sits in Mar Vista, one block south of the Venice Boulevard main street and its restaurants and coffee shops. Mitsuwa Marketplace and its food court are 0.26 miles away, the Sunday Mar Vista Farmers Market on Grand View Boulevard 0.33 miles, Vons 0.42 miles and the Mar Vista Branch Library 0.47 miles. Grand View Boulevard Elementary is 0.35 miles away. ZIMAS identifies the property as within half a mile of a High Quality Transit Corridor and a major transit stop. Playa Vista, home to many of Silicon Beach's technology employers, is 2.1 miles away, downtown Culver City 2.84 miles and downtown Santa Monica 3.61 miles, and LAX is 4.5 miles from the property. HUD's 2027 Small Area Fair Market Rents for ZIP 90066 are $2,980 for a one-bedroom and $3,680 for a two-bedroom unit. These ZIP-level voucher payment-standard benchmarks are not unrestricted market rents or a guarantee of achievable rent....
Contact an agent
Home facts
- Year built:1962
- Listing ID #:26997097
- Added:2 day(s) ago
- Updated:October 08, 2026 at 11:26 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:13
- Living area:6,404 sq. ft.
Structure and exterior
- Year built:1962
- Building area:6,404 sq. ft.
- Lot area:0.16 Acres
- Levels:2 Story
Finances and disclosures
- Price:$2,150,000
- Price per sq. ft.:$335.73
Parking
- Parking description:One Space
New listings near 12535 Pacific Avenue
- Coming Soon
$1,199,000Coming Soon5 beds 4 baths3,832 sq. ft.5283 Calatrana, Woodland Hills, CA 91364
MLS# SR26217251Listed by: EQUITY UNION - Coming SoonOpen Sat, 2 to 4pm
$2,298,000Coming Soon4 beds 3 baths2,749 sq. ft.7905 W 80th, Playa Del Rey, CA 90293
MLS# PW26218511Listed by: COMPASS - Coming Soon
Listed by BHGRE$874,900Coming Soon3 beds 2 baths1,215 sq. ft.20342 Hartland Street, Canoga Park, CA 91306
MLS# 226004783Listed by: BETTER HOMES AND GARDENS REAL ESTATE TOWN CENTER - Coming Soon
$599,000Coming Soon2 beds 1 baths1,408 sq. ft.1215 W 59th Street, Los Angeles, CA 90044
MLS# 26996949Listed by: XPERT HOME REALTY - Coming Soon
$895,000Coming Soon3 beds 2 baths1,438 sq. ft.1351 N Crescent Heights #308, Los Angeles, CA 90046
MLS# GD26217207Listed by: ARCHETYPE REAL ESTATE GROUP IN - Coming Soon
$729,000Coming Soon2 beds 2 baths1,196 sq. ft.1055 S Serrano Avenue #403, Los Angeles, CA 90006
MLS# PW26218184Listed by: 1VISION REAL ESTATE - Coming Soon
$799,900Coming Soon3 beds 2 baths1,460 sq. ft.18851 Braemore, Porter Ranch, CA 91326
MLS# SR26218550Listed by: MONTELEONE REAL ESTATE,INC - Coming Soon
$4,250,000Coming Soon2 beds 3 baths2,011 sq. ft.1821 Sunset Plaza Drive, Los Angeles, CA 90069
MLS# 26996563Listed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC. - Coming Soon
$1,049,000Coming Soon5 beds 2 baths1,573 sq. ft.8881 Morehart Avenue, Sun Valley, CA 91352
MLS# GD26218180Listed by: THE ART IN REAL ESTATE - Coming SoonOpen Sat, 2 to 4pm
$750,000Coming Soon4 beds 3 baths2,433 sq. ft.14900 Wolfskill, San Fernando, CA 91345
MLS# SR26202237Listed by: PARK REGENCY REALTY