NOT LISTED FOR SALE
92 Beds
83 Baths
64,578 Sq Ft
1.2 Acres

Last Sold March 15, 2023

Last sale price $31,000,000 $480 Per Sq Ft

57 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Attached Carport
  • 1.2 Acre Lot
  • Built-In Features
  • Central Heating

About This Home

As of March 2023

12221-12225 San Vicente Blvd is situated in the highly coveted 90049 zip code, which is widely regarded as one of the most desirable areas to live in Los Angeles. This location is perfect for those who want to be close to all the best that the city has to offer, while still enjoying the peace and tranquility of a residential neighborhood. You will find that the units have an abundance of natural light, private balcony/patio, dining room, semi-open kitchen concept, AC wall unit, bathtub, vinyl flooring and carpeted bathroom. Kitchen features include dishwasher, refrigerator, gas range stove and oven.

The immediate area around the building is home to a variety of local shops, cafes, and restaurants, which means you'll never be short of options when it comes to dining out or grabbing a quick coffee. Additionally, the area hosts a Farmers Market, located just across the street from the building, offering fresh produce and other local goods.

A short drive away is the popular Brentwood Country Mart, a trendy outdoor shopping center that features a wide range of high-end boutiques, specialty stores, and eateries. For those who love the outdoors, the building is just a few minutes' drive from the stunning Will Rogers State Historic Park, which offers miles of hiking and biking trails, as well as breathtaking views of the city and the surrounding hills.
The nearby beaches of Santa Monica and Venice are also easily accessible by car or public transportation, making it easy to enjoy a day in the sun or a stroll along the boardwalk. Additionally, 12221-12225 San Vicente Blvd is located just a short distance from major freeways, which means that commuting to other parts of the city is a breeze. Whether you're heading downtown for work or exploring other neighborhoods, this location provides easy access to all of the best that Los Angeles has to offer.

Last Agent to Sell the Property

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 10/17/2022

Remax Commercial and Investment Realty

Last Buyer's Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 10/17/2022

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 1.2 Acre Lot

Interior Spaces

  • 64,578 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Disposal
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 92 Bedrooms
  • 83 Bathrooms

Parking

  • 55 Parking Spaces
  • Attached Carport
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4404-006-011

Community Details

Overview

  • 2 Buildings
  • 50 Units

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 64578
  • Lot Acreage: 1.2045
  • Probate: No
  • Stories: 3
  • Year Built: 1961
  • Number Of Photos: 56
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 92
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 83.00
  • Equipment: Built-Ins, Garbage Disposal, Refrigerator
  • Price Per S Q F T: 495.52

Exterior Features

  • Other Structures: None
  • Patio: Deck(s)
  • Pool Description: Community
  • Pool: Yes

Garage/Parking

  • Covered Parking: 55
  • Parking Garage: Assigned, Carport Attached
  • Total Parking: 55

Utilities

  • Cooling: Wall/Window
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 62.15
  • Assessed Improvement Value: 1938442
  • Assessed Land Percent: 37.85
  • Assessed Land Value: 1180613
  • Total Assessed Value: 3119055
  • Assessor Parcel Number: 4404-006-011
  • Lot Size Area: 52468

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.48
  • Number Of Units: 50
  • Rent Control: 100
  • Total Annual Expense: 637281
  • Type Of Units: 1s,2s,3s
  • Vacancy Rate: 49278

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
08/04/2025 08/04/25 Off Market $4,295 -- --
05/21/2025 05/21/25 Price Changed $4,295 +9.0% $4 / Sq Ft
05/07/2025 05/07/25 Price Changed $3,940 +33.6% $3 / Sq Ft
02/26/2025 02/26/25 Price Changed $2,950 -31.3% $3 / Sq Ft
09/18/2024 09/18/24 Price Changed $4,295 +7.5% $4 / Sq Ft
09/17/2024 09/17/24 Price Changed $3,995 +33.4% $3 / Sq Ft
06/04/2024 06/04/24 Price Changed $2,995 -31.9% $3 / Sq Ft
02/09/2024 02/09/24 Price Changed $4,395 +51.8% $4 / Sq Ft
01/04/2024 01/04/24 Price Changed $2,895 -34.1% $3 / Sq Ft
12/27/2023 12/27/23 Price Changed $4,395 +51.8% $4 / Sq Ft
11/01/2023 11/01/23 Price Changed $2,895 -37.0% $3 / Sq Ft
10/06/2023 10/06/23 Price Changed $4,595 +58.7% $4 / Sq Ft
09/18/2023 09/18/23 Price Changed $2,895 -14.7% $3 / Sq Ft
08/29/2023 08/29/23 Price Changed $3,395 +21.5% $3 / Sq Ft
08/22/2023 08/22/23 Price Changed $2,795 -39.2% $2 / Sq Ft
08/14/2023 08/14/23 Price Changed $4,595 +58.7% $4 / Sq Ft
08/08/2023 08/08/23 Price Changed $2,895 -37.0% $3 / Sq Ft
08/08/2023 08/08/23 For Rent $4,595 0.0% --
07/19/2023 07/19/23 Price Changed $4,595 +15.0% $4 / Sq Ft
07/13/2023 07/13/23 For Rent $3,995 0.0% --
06/20/2023 06/20/23 Price Changed $3,995 +42.9% $3 / Sq Ft
06/13/2023 06/13/23 For Rent $2,795 0.0% --
04/27/2023 04/27/23 Price Changed $2,795 +21.8% $2 / Sq Ft
04/27/2023 04/27/23 For Rent $2,295 0.0% --
03/15/2023 03/15/23 Sold $31,000,000 -3.1% $480 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $32,000,000 -- $496 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-209493

The MLS