12445 Pacific Avenue

  • Los Angeles

  • $2,850,000
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Residential Income Details

Description
This 9-unit multi-family investment opportunity is located in the rapidly growing Westside neighborhood of Mar Vista. The property is just a short bike ride to Venice Beach, Marina Del Rey, Santa Monica as well as walking distance to a myriad of coffee shops, restaurants, shopping, and the Mar Vista Farmers Market. Entertainment value and proximity to a variety of Westside neighborhoods add to this property's long-term appreciation.The property has been well maintained and consists of mostly two-bedroom units with copper plumbing and has approximately 11 parking spots. The LONG TERM OWNER has never approached tenants for relocation and with 64% upside in rents, this is a significant opportunity to add value in an A+ location.
Essential
MLS #18384572
Price$2,850,000
Number of Units9
Sale TypeStandard
StatusActive
Listing BrokerageCompass
Listing AgentKenny Stevens
Listing Agent BRE #01090251
Interior
CoolingNone
Exterior
ParkingOther
Community
AreaC13 - Palms - Mar Vista
Address12445 Pacific Avenue
CityLos Angeles
CountyLos Angeles
StateCA
ZipCode90066
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, September 22, 2018. 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.