NOT LISTED FOR SALE

12219 Pacific Ave Los Angeles, CA 90066

Mar Vista Neighborhood
10 Beds
4 Baths
6,027 Sq Ft
7,500 Sq Ft Lot

Last Sold February 24, 2015

Last sale price $1,989,850 $330 Per Sq Ft

105 Days on Market

About This Home

As of February 2015

A 10 unit multifamily asset well located in the trendy West LA community of Mar Vista. The complex consists of a mix of bachelors, one and two bedroom apartment homes. This two story walkup style complex has been well-maintained over the years: The building was painted 2 years ago, has a new water heater, protected by a Hull Brothers warrantied roof, and has benefitted from a refinish of both the stairs and rails. Perfect Value add opportunity with Tremendous upside in Rents. Seller's requirement - Closing will occur in 2015. Please Note: Drive by only. Management is NOT to be Contacted.

Last Agent to Sell the Property

Kevin Kawaoka, CCIM

NAI Capital, Inc. License #01733613 Listed on: 10/20/2014

NAI Capital, Inc.

Last Buyer's Agent

Kevin Kawaoka, CCIM

NAI Capital, Inc. License #01733613 Listed on: 10/20/2014

NAI Capital, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,500

Interior Spaces

  • 10 Bedrooms
  • 6,027 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Parking

  • 12 Parking Spaces
  • Assigned Parking

Additional Features

  • 7,500 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 4235-023-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6027
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 356.73

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 12

Utilities

  • Electric Expense: 1500.00
  • Heating: Wall
  • Water Expense: 3782.00

Fee Information

  • Gas Expense: 1800.00
  • Insurance Expense: 2052.00
  • Maintenance Expense: 3750.00
  • Trash Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 430295
  • Assessed Land Value: 717932
  • Assessor Parcel Number: 4235-023-027
  • Geocode Override: No
  • Lot Size Area: 7500

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.16
  • Number Of Units: 10
  • Total Annual Expense: 44552
  • Type Of Units: 10
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 26875.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2015 02/24/15 Sold $1,989,850 -7.4% $330 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
10/20/2014 10/20/14 For Sale $2,150,000 -- $357 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Kawaoka, CCIM

    Seller's Agent in 2015

    Kevin Kawaoka, CCIM

    NAI Capital, Inc.

    (310) 806-6100

    8 Total Sales

    Kevin Kawaoka, CCIM
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Map

Source: The MLS

MLS Number: 14-803761

The MLS
California Los Angeles County Los Angeles 90066 Mar Vista

12219 Pacific Ave, Los Angeles, CA

This home is located at 12219 Pacific Ave, Los Angeles, CA 90066 since 20 October 2014. This property was built in 1960. 12219 Pacific Ave is a home located in Los Angeles County with nearby schools including Grand View Boulevard Elementary School, Marina Del Rey Middle School, and Venice High School.

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