12718 Mitchell Avenue

Los Angeles, CA 90066

$2,900,000

List Price

11

bed Beds

11

shower Baths

7,935 sqft

straighten / sqft

1971

calendar_month Built

Property Description

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.

Listing Information

List Price $2,900,000
Status Active
MLS 24465101
Type Residential Income
Year Built 1971
Lot Size 7,101
Structure Size 7,935
DOM 8
Courtesy Of Marcus & Millichap
Listing Agent Benjamin Lewin DRE#02040686

Interior Features

Total Bedroom
Bedrooms 11
Total Bathroom
Bathrooms 11
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Benjamin Lewin, Marcus & Millichap 818-212-2659. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 27th, 2024 at 1:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.