$2,095,000
Estimated Payment$9,894/mo
Multi-Family For Sale

12747 Mitchell Ave, Los Angeles, CA 90066

6Beds
5Baths
3,062Sq. Ft.
2-Story Multi-Family Home In Mar Vista

Tremendous opportunity for development into 8-units by-right or 13-units with the City of Los Angeles Density Bonus Program or for use as-is as a long term, easy management hold asset in the desirable & ever-increasing value neighborhood of Mar Vista. This 5-unit property consists of one 2BR+1BA single-family home & four 1BR+1BA back units with no vacancies which provides great income while obtaining plans & permits for a new build. Zoning is LAR-3-1 to a 15' alley on a 7,100 Sf lot and is perfectly situated between burgeoning La tech hubs of Silicon Beach & Downtown Culver City, home to the new Apple and Amazon developments & major technology companies such as Google, Facebook, Netflix, Yahoo!, YouTube, Nike, BuzzFeed, Electronic Arts, and Sony. With an 85 Walk Score/ 72 Bike Score, Venice Beach & Marina Del Rey are just minutes away along with amazing area restaurants, gourmet coffee shops, Farmers Market, Abbot Kinney, shopping, & transportation nearby. All or a portion of the wall on the west side of the property may not be exactly on the property line. Seller recommends that the buyer obtain a professional survey as part of its due diligence. Om provided upon request.

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12747 Mitchell Ave
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Location
12747 Mitchell Ave Los Angeles, CA 90066
Home Details

Listing Details

General

  • Total Number of Units: 5
  • Disclosures: As Is, La Owner Related

Interior Details

General

  • Appliances: Free Standing Gas, Range
  • Flooring: Carpet, Hardwood
  • Fireplace Features: Decorative
  • Water Source(s): In Street, Meter on Property, Water District
  • Interior Features: Central Water Heater, Yes

Utilities

  • Heating Details: Wall Gas
  • Cooling Details: Ceiling Fan

Rooms

  • Bathroom Description: Low Flow Toilet s, Shower Over Tub, Tile
  • Bedroom Description: Main Floor Bedroom

Financial Details

Tax Details

  • Zoning: LAR3

    Expenses

    • Tenant Pays: Gardener

      Property Details

      General

      • Water Source(s): In Street, Meter on Property, Water District
      • Lot Features: Alley Paved, Front Yard, Gutters, Lot Shape Rectangular, Lot Level Flat, Sidewalks, Single Lot
      • Laundry Features: In Kitchen
      • Stories: 2
      • Spa: Yes
      • Pool: Yes

      Construction Details

      • Construction Materials: Stucco
      • Roof: Asphalt
      • Architectural Style: Mid Century

      Parking

      • Parking Features: Uncovered
      • Other Parking: Uncovered

      Other

      • Other Equipment: Ceiling Fan, Garbage Disposal, Range Oven

        Location Details

        Region

        • City/Region: Palms Mar Vista

          General

          • Direction Faces: South

            MLS Details

            General

            • Days on Homes.com: 365
            • MLS Number: 21-682086
            • Listed: 1/19/2021
            • Last Updated: 1/15/2022
            • Offered By: Kre + Associates
            • Listing Source: Combined La Westside - Claw
            Monthly Payment Calculator

            $9,894

            Estimated Mortgage
            Principal & Interest
            $7,066
            Insurance
            $733
            Taxes
            $2,095
            Mortgage Insurance
            $0
            i
            Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
            i
            If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
            Price History
            • DateEventPrice
            • 05/05/2021$100,000$2,095,000
              Source: Combined LA Westside - CLAW
            • 01/19/2021listed$2,195,000
              Source: Combined LA Westside - CLAW
            Nearby Schools
            • Grand View Boulevard Elementary School
              Class size: 20Distance: 0.48 mi
              B
            • Mark Twain Middle School
              Class size: 18Distance: 0.66 mi
              B-
            • Venice Senior High School
              Class size: 22Distance: 0.40 mi
              B
            Points of Interest

            Airports

            Distance
            • Los Angeles International
              6.3 mi
            • Bob Hope
              22.8 mi

            Colleges

            Distance
            • Santa Monica College
              2.0 mi
            • Santa Monica College
              2.4 mi
            • The Art Institute of California, Los Angeles
              3.1 mi

            Military Bases

            Distance
            • Naval Reservation
              20.7 mi
            • Los Angeles Air Force Base
              8.8 mi
            • National Guard Armory South Bay Cities
              8.7 mi

            Parks and Recreation

            Distance
            • Ballona Creek Trail - Ballona Wetlands Ecological Reserve Access
              1.6 mi

            Shopping Centers

            Distance
            • Koss Center
              0.7 mi
            • 0.6 mi
            • Triangle Center
              0.3 mi
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            Listing Agent
            Laura Klein
            KRE + AssociatesLicense # 01435968
            Los Angeles, CA
            Continue Your Search

            $2,095,000

            6 Beds5 Baths3,062 Sq. Ft.

            12747 Mitchell Ave

            Los Angeles, CA 90066

            Laura Klein
            KRE + Associates