Under Contract

Listed by Benjamin Lewin from Marcus & Millichap

Source: Combined LA Westside Multiple Listing Service, Inc #24465101

12718 Mitchell Ave, Los Angeles, CA, 90066

$2,650,000

11
11
12
7935 sq. ft.
7101 sq. ft.

Other

•

30+ days on the market

What's around 12718 Mitchell Ave

About this property

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 in front, and six additional spaces in the alleyway. Please note that the mandatory soft-story earthquake retrofit has not yet been completed.

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