Income Home for Sale in Los Angeles, California

12718 Mitchell Avenue, Los Angeles, California 90066, US

$ 2,900,000
Add to Shortlist Save This Property

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,900,000
  • MLS ID: 24465101
  • Property Type: Income Home
  • WEB ID: PR03054695
  • Property Status: Active
  • Lot Size: 7,101sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

Request More Information


Please note that Prestige Estate Agency will only use the above data to contact you accordingly. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.

  • Price: $ 2,900,000
  • MLS ID: 24465101
  • Property Type: Income Home
  • WEB ID: PR03054695
  • Property Status: Active
  • Lot Size: 7,101sqft
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.

Additional Features

  • Wall Furnace
  • Two
  • Parking spaces: 12.00
  • Listing Status: Active
  • Listing Agent: Benjamin Lewin (lic# 02040686) of CLAW
  • Listing Office: Marcus & Millichap (lic# 00530854)
  • Based on information from CRISNet MLS as of 1st December 2024 at 5:51am. 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.

Areas of expertise
Bel Air Beverly Hills Malibu