$2,100,000

12717 Matteson Ave Los Angeles, CA 90066

Mar Vista Neighborhood

Estimated payment $13,168/month

15 Beds
14 Baths
6,830 Sq Ft
$307 Price per Sq Ft

About This Home

First time on the market in 36 years! This 9-unit property presents an incredible opportunity to add value to a very desirable asset in a premium location. Built in 1964, the structure totals 6,830 SF situated on a 7,105 SF lot. The unit mix consists of (1) 3Bed/2Bath, (2) 2Bed/2Bath, (2) 2Bed/1Bath and (4) 1Bed/1Bath units. There are 10 parking spaces. The property has been professionally managed for years and offers 60% rental upside. The Pro Forma Cap Rate is 8.77% and Pro Forma GRM is 7.35.The asking price for this asset is $2,100,000 which represents pricing indicators of 3.85% Cap Rate, 11.73 GRM, $233,333 Per Unit and $307.47 Per SF.

Listing Agent

Keith Moret

Lyon Stahl Investment Real Estate, Inc. License #01802527 Listed on: 11/13/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Nick Ensbury

Lyon Stahl Investment Real Estate, Inc. License #02012167

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Interior Spaces

  • 6,830 Sq Ft Home
  • 2-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 14 Bathrooms

Parking

  • 9 Parking Spaces
  • Attached Carport

Additional Features

  • 7,107 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units
  • Vacancy Allowance $5,372

Listing and Financial Details

  • Assessor Parcel Number 4236-017-030

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6830
  • Lot Acreage: 0.1632
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 14.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 307.47

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 9

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 673200
  • Assessed Land Percent: 70
  • Assessed Land Value: 1570800
  • Total Assessed Value: 2244000
  • Assessor Parcel Number: 4236-017-030
  • Lot Size Area: 7107

Rental Info

  • Total Actual Rent: 179051.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.73
  • Number Of Units: 9
  • Type Of Units: Residential
  • Vacancy Allow: 5372

Map

Range of Values:

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List 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 List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $2,100,000 -- $307 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25619125

The MLS
California Los Angeles County Los Angeles 90066 Mar Vista

12717 Matteson Ave, Los Angeles, CA

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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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Keith Moret
Listing Agent
Keith Moret
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Lyon Stahl Investment Real Estate, Inc.
(310) 617-2240