$200,000 Total 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.
Property Details
Price:
$2,700,000
MLS #:
24465101
Status:
Active
Baths:
0
Address:
12718 Mitchell Avenue
Type:
Residential Income
Neighborhood:
c13palmsmarvista
City:
Los Angeles
Listed Date:
Nov 19, 2024
State:
CA
ZIP:
90066
Lot Size:
7,101 sqft / 0.16 acres (approx)
Year Built:
1971
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Garage Spaces
3.00
Parking Features
Driveway, Covered, Garage – Three Door
Parking Spots
12.00
Financial
Map
Community
- Address12718 Mitchell Avenue Los Angeles CA
- AreaC13 – Palms – Mar Vista
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
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12718 Mitchell Avenue
Los Angeles, CA
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