12718 Mitchell Avenue Active

Los Angeles,CA 90066

$ 2850000

- Bed

0 Bath

7935 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,935 sqft

Price per Sqft $359

MLS Listing ID CL24465101

HOA Y/N No

Year Built 1971

Lot Size 7,101 Sqft

Acres 0.16

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 Listing

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 4236020012

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