NOT LISTED FOR SALE

12240 Pacific Ave Los Angeles, CA 90066

Mar Vista Neighborhood
10 Beds
13 Baths
6,532 Sq Ft
7,500 Sq Ft Lot

Last Sold July 18, 2018

Last sale price $4,140,000 $634 Per Sq Ft

108 Days on Market

About This Home

As of July 2018

Pacific Avenue Apartments, an 11-unit building in the heart of Mar Vista of which ten units will be delivered vacant. This is a unique opportunity for repositioning buyers to take advantage of a rare vacant building at a 'Main & Main' Mar Vista location.The property is one block from thriving Venice Boulevard and Centinela Avenue, complete with trendy restaurants, coffee shops, and specialty markets. The intersection is at the center of Mar Vista, one of the hottest submarkets in Los Angeles.

Last Agent to Sell the Property

Kimberly Roberts Stepp

Keller Williams Beverly Hills License #01251767 Listed on: 03/23/2018

Keller Williams Beverly Hills

Last Buyer's Agent

Kimberly Roberts Stepp

Keller Williams Beverly Hills License #01251767 Listed on: 03/23/2018

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • 11 Car Garage

Interior Spaces

  • 6,532 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 13 Bathrooms

Community Details

  • 11 Units

Listing and Financial Details

  • Assessor Parcel Number 4235-022-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6532
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 13.00
  • Den: 0
  • Price Per S Q F T: 650.64

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 11

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 308727
  • Assessed Land Value: 224525
  • Assessor Parcel Number: 4235-022-006
  • Geocode Override: No
  • Lot Size Area: 7500

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116
  • Gross Rent Multiplier: 13.63
  • Number Of Units: 11
  • Total Annual Expense: 95230
  • Type Of Units: Mixed
  • Vacancy Rate: 100

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
07/18/2018 07/18/18 Sold $4,140,000 -2.6% $634 / Sq Ft
03/23/2018 03/23/18 For Sale $4,250,000 -- $651 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kimberly Roberts Stepp

    Seller's Agent in 2018

    Kimberly Roberts Stepp

    Keller Williams Beverly Hills

    (310) 482-2200

    15 Total Sales

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Map

Source: The MLS

MLS Number: 18-326264

The MLS

California Los Angeles County Los Angeles 90066 Mar Vista

12240 Pacific Ave, Los Angeles, CA

This home is located at 12240 Pacific Ave, Los Angeles, CA 90066 since 23 March 2018. This property was built in 1964. 12240 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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