Courtesy of: Raisa Lobo, Compass, raisa.lobo@compass.com
Courtesy of: Raisa Lobo, Compass, raisa.lobo@compass.com
$2,350,000
|
16 bed
|
|
13.00 Bath (5 Full)
|
|
Lot: 0.17 Acres
|
|
Other
|
$2,350,000
12231 Pacific Ave We are pleased to exclusively offer this A+ location 7-unit multifamily property located at 12231 Pacific Avenue in the heart of Mar Vista. The 6, 950 square foot building features a well-designed unit mix of (4) 2-bedroom, 2-bathroom unit and (2) 3-bedroom, 2-bathroom units and (1) 2-bedroom, 1-bathroom unit. This asset presents a unique "blank slate" opportunity for an investor to implement a value-add business plan. The strategy involves renovating the units to modern standards targeting a gross monthly income of $23, 000. This represents a 24.3% increase over the pro-forma gross monthly rent of $18, 500. 12 parking spaces and laundry room in complex with potential for increased revenue.
Courtesy of: Raisa Lobo, Compass, raisa.lobo@compass.com
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.