12718 Mitchell Avenue
Los Angeles, CA 90066
$50,000.00 (-1.72%)
Active for $2,850,000
Beds: 11 Baths: 11 Structure Size: 7,935 sqft Lot Size: 7,101 sqft
| MLS | 24465101 |
| Year Built | 1971 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $2,850,000 |
| Structure Size | 7,935 sqft |
| Lot Size | 7,101 sqft |
| Beds | 11 |
| Baths | 11 |
Description
$50,000 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.
Listing information courtesy of: Benjamin Lewin, Marcus & Millichap 818-212-2659. *Based on information from the Association of REALTORS/Multiple Listing as of 12/25/2024 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.
Location
Contact a Local Realtor®
Shaunt Keshmeshian
REALTOR®
Direct: 818.408.3798
Email: Email Me
DRE: 02212726
DRE #01873088
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