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    12423 Pacific Ave

    Los Angeles, CA 90066
    • $2,895,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: 20-611396
    UPDATED: 47 min ago
    $2,895,000
    • 11
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,422
      SQFT
    • $390
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    Well maintained 9 unit apartment building in Mar Vista. The property consists of 7 - 1 bedroom + 1 bath and 2 - 2 bedroom + 2 bath units. The building is 7,422 square feet and it sits on a 6,992 square foot lot. It is individually metered for gas and electricity. The units are large with fireplaces and there is upside in the rents. It is located in the high demand area of Mar Vista, just minutes to the beach. The area is growing with entertainment and technology companies such as Amazon, Google, Apple, Sony and HBO opening offices nearby. There are several new apartment and commercial buildings under construction in the area. Close to shops, restaurants and easy access to the 405 and 10 freeways. The property will require the earthquake soft story retrofit work to be completed.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-09T23:42:27.497. 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.
    www.sellbuyla.com/homes/108381003
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    12423 Pacific Ave Los Angeles, CA 90066

    • Price: $2,895,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 20-611396
    11
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    7,422
    SQFT
    $390
    $/SQFT
    1969
    Built
    Neighborhood:
    Palms - Mar Vista
    County:
    Los Angeles
    Area:
    Palms - Mar Vista
    Property Description
    Well maintained 9 unit apartment building in Mar Vista. The property consists of 7 - 1 bedroom + 1 bath and 2 - 2 bedroom + 2 bath units. The building is 7,422 square feet and it sits on a 6,992 square foot lot. It is individually metered for gas and electricity. The units are large with fireplaces and there is upside in the rents. It is located in the high demand area of Mar Vista, just minutes to the beach. The area is growing with entertainment and technology companies such as Amazon, Google, Apple, Sony and HBO opening offices nearby. There are several new apartment and commercial buildings under construction in the area. Close to shops, restaurants and easy access to the 405 and 10 freeways. The property will require the earthquake soft story retrofit work to be completed.
    Exterior Features

    Covered Parking 14 Lot Size Area 7013 Other Structures None Parking Garage Covered Parking Total Parking 14

    Interior Features

    Baths Total 11.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 1225061 Gross Income 193765 Gross Operating Income 184095 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 115235.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 68860 Type Of Units Apartments Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Michael A Salerno DRE#01212427 of Miller & Desatnik Realty Co..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-09T23:42:27.497. 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.
     
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