12717 Matteson Avenue, Los Angeles, CA 90066
- $2,100,000
- 15
- BD
- 14
- BA
- 6,830
- SqFt
Listing courtesy of Listing Agent: Keith Moret (keith.m@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
- List Price
- $2,100,000
- Status
- PENDING
- Days on Market
- 16
- MLS#
- 26855837
- Subtype
- Residential Income
- Style
- Mid-Century Modern
- Year Built
- 1964
- Bedrooms
- 15
- Bathrooms
- 14
- Living Area
- 6,830
- Lot Size
- 7,107
- Acres
- 0.16
- MLS Area Major
- Palms - Mar Vista (C13)
Property Description
This 9 unit gem is in the very desirable Mar Vista neighborhood. The family has owned this property since 1989 and is retiring from the business. It has a desirable unit mix consisting of (1) 3br/2ba (to be delivered vacant); (2) 2BR/2BA;(2) 2br/1ba: and (4) 1br/1ba units. There is 44% rental upside and with current cap of 4.89% and pro-forma cap of 8.39%, the path to profitability is clear. The property is well maintained with recently rebuilt deck, railing & stairs, 2 re-habbed units and an Environmental clearance report issued in May 2026. The Seismic retrofit has been completed. There are 7 on-site parking spaces and storage units for the tenants.
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Additional Information
- Property Description
- Mid-Century Modern
- Zoning
- LAR3
- Appliances
- Disposal
- Heating
- Natural Gas
- Stories
- Two Levels
- Levels
- Two
- Parking Features
- Attached Carport, Assigned
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.