12717 Matteson Ave, Los Angeles, CA 90066
12717 Matteson Ave, Los Angeles, CA 90066
12717 Matteson Ave, Los Angeles, CA 90066
7
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$2,100,000
Est. payment /mo
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15 Beds
14 Baths
6,830 SqFt
Pending

12717 Matteson Ave Los Angeles, CA 90066

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,830 sqft

Price per Sqft $307

MLS Listing ID 26855837

Style Mid-Century

Bedrooms 15

Year Built 1964

Lot Size 7,107 Sqft

Acres 0.1632

Property Sub-Type Multi-Family

Property Description

This 9 unit gem is in the very desirable Mar Vista neighborhood. The family has owned this property since 1989 and is retiring from the business. It has a desirable unit mix consisting of (1) 3br/2ba (to be delivered vacant); (2) 2BR/2BA;(2) 2br/1ba: and (4) 1br/1ba units. There is 44% rental upside and with current cap of 4.89% and pro-forma cap of 8.39%, the path to profitability is clear. The property is well maintained with recently rebuilt deck, railing & stairs, 2 re-habbed units and an Environmental clearance report issued in May 2026. The Seismic retrofit has been completed. There are 7 on-site parking spaces and storage units for the tenants.

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment Garbage Disposal

Exterior

Parking Features Carport Attached, Assigned

Garage Spaces 7.0

Building

Story 2

Architectural Style Mid-Century

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

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David Jones
David Jones

Agent | RE. S.0072438

+1(702) 883-8801 | davidsellslasvegas@gmail.com

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12717 Matteson Ave