12400 Mitchell Avenue, Los Angeles, CA 90066

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Everett Wong • Greysteel California, Inc.

$1,795,000

Est. payment - /mo

5,040 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $356

MLS Listing ID CRPW25198836

HOA Y/N No

Year Built 1957

Lot Size 4,899 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

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 LAâ€™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 hubs in Culver City, Venice, Santa Monica, West LA and Playa Vista.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Common Area

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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12400 Mitchell Avenue Los Angeles, CA 90066

Sean Beattie Jr.

Key Details

Location

Interior

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