$1,910,000
$2,100,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
12717 Matteson AVE Los Angeles, CA 90066
15 Beds
14 Baths
6,830 SqFt
Key Details
Sold Price $1,910,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 6,830 sqft
Price per Sqft $279
MLS Listing ID 26855837
Sold Date 11/05/26
Bedrooms 15
HOA Y/N No
Year Built 1964
Lot Size 7,108 Sqft
Property Description
This 9 unit gem is in the very desirable Mar Vista neighborhood. The family has owned this property since 1989 and is retiring from the business. It has a desirable unit mix consisting of (1) 3br/2ba (to be delivered vacant); (2) 2BR/2BA;(2) 2br/1ba: and (4) 1br/1ba units. There is 44% rental upside and with current cap of 4.89% and pro-forma cap of 8.39%, the path to profitability is clear. The property is well maintained with recently rebuilt deck, railing & stairs, 2 re-habbed units and an Environmental clearance report issued in May 2026. The Seismic retrofit has been completed. There are 7 on-site parking spaces and storage units for the tenants.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Disposal
Exterior
Parking Features Attached Carport, Assigned
Carport Spaces 5
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Architectural Style Mid-Century Modern
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4236017030
Special Listing Condition Standard
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Bought with Keith Moret Lyon Stahl Investment Real Estate, Inc.
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