8
See all 8 photos
$2,650,000
Est. payment /mo
7,935 SqFt
Active
12718 Mitchell Avenue Los Angeles, CA 90066
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,935 sqft
Price per Sqft $333
MLS Listing ID CL24465101
HOA Y/N No
Year Built 1971
Lot Size 7,101 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
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 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
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4236020012
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Listed by Benjamin Lewin • Marcus & Millichap