First time on the market in 36 years! This 9-unit property presents an incredible opportunity to add value to a very desirable asset in a premium location. Built in 1964, the structure totals 6,830 SF situated on a 7,105 SF lot. The unit mix consists of (1) 3Bed/2Bath, (2) 2Bed/2Bath, (2) 2Bed/1Bath and (4) 1Bed/1Bath units. There are 10 parking spaces. The property has been professionally managed for years and offers 60% rental upside. The Pro Forma Cap Rate is 8.77% and Pro Forma GRM is 7.35.The asking price for this asset is $2,100,000 which represents pricing indicators of 3.85% Cap Rate, 11.73 GRM, $233,333 Per Unit and $307.47 Per SF.
Property Details
Price:
$2,100,000
MLS #:
25619125
Status:
Active
Beds:
15
Baths:
14
Type:
Single Family
Neighborhood:
c13palmsmarvista
Listed Date:
Nov 14, 2025
Finished Sq Ft:
6,830
Total Sq Ft:
6,830
Lot Size:
7,107 sqft / 0.16 acres (approx)
Year Built:
1964
See this Listing
Schools
Interior
Appliances
GD
Cooling
NO
Heating
WL
Exterior
Parking Spots
9
Financial
Map
Community
- Address12717 Matteson AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Dec 06, 2025
2,430
Single Family Listed
69
Avg DOM
889
Avg $ / SqFt
$1,640,517
Avg List Price
Property Summary
- 12717 Matteson AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90066. It is listed for $2,100,000 and features 15 beds, 14 baths, and has approximately 6,830 square feet of living space, and was originally constructed in 1964. The current price per square foot is $307. The average price per square foot for Single Family listings in Los Angeles is $889. The average listing price for Single Family in Los Angeles is $1,640,517.
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.12717 Matteson AV
Los Angeles, CA