12231 Pacific Avenue
Los Angeles, CA 90066
$2,600,000
$374/sqft
About This Property
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.
Listed by Raisa Lobo • Compass and Jennifer Portnoy • Compass
Property Details
Property Type
ResidentialIncome
Style
Other
MLS Number
26659095
Status
Active
Listed Date
3/3/2026
Year Built
1963
Lot Size
7,503 sqft
Lot Acres
0.17
Zoning
LAR3
Interior Features
Heating
WallFurnace
Air Conditioning
None
Exterior & Parking
Total Parking Spaces
12
Interested in this property?
Contact Team Tami for more information or to schedule a viewing.
Available 7 days a week
Estimated Monthly Cost
*Estimate only. Based on 20% down, 6.5% rate, 30-year fixed. LA County property tax rate of 1.21%. Actual costs may vary.
Property History
No historical sales records available for this property.
Los Angeles Market Data
Market statistics are not available for this area.
Based on information from CLAW (Combined LA/Westside MLS) as of 3/16/2026. 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. Listing provided courtesy of Compass.