Address
12747 Mitchell Avenue Los Angeles, CA
Price
$ 2,225,000
Property Attributes
  • MLS#20628992
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaPalms - Mar Vista
  • Zip90066
  • Style
  • Price$ 2,225,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,099 SqFt
Listing Provided Courtesy Of:
Lawrence Klein with Klein Real Estate.
Property Description

Value is in the land for development into 9 or more apartments (check with the City of Los Angeles) or as a long term, easy management hold asset. Five unit property consists of one 2 BR house and four 1 BR units. No vacancies and well located with easy access to the beach, shopping, and transportation. The property continues to increase in value because of the relatively low rents and desirable location. The property is zoned LAR-3 to a 15' alley. The sale is subject to a 1031 tax exchange. There is an approximate $800,000 loan with Chase Bank assumable by a creditworthy buyer.

Price History
9/8/2020 Listed $2,225,000

General Features

Appliances Disposal, Range
Co-Listing Agent Last Name Laura
Co-Listing Agent Last Name Klein
Co-Listing Agent State License # 01435968
Co-listing Agent Laura Klein - BRE#01435968
Construction Materials Stucco
Directions North of Washington Blvd., south of Venice Blvd., west of Wade and east of Beethoven.
Facing Direction South
Flooring Carpet, Wood
Levels One
Listagentaor Beverly Hills/Greater LA
Listing Agent Lawrence Klein - BRE#00792401
Listing Agent State License 00792401
MLS Area C13 - Palms - Mar Vista
Parking Features Uncovered
Pool Features None
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Total Units 5
View None
Zoning LAR3

Interior Features

Appliances Y/N Yes
Fireplace Features None
Numberwithcarpet 5
Range Count 5
Total Stories 2

Exterior Features

Lot Features Front Yard, Rectangular Lot
Lot Size Area 7099.0000
Lot Size Square Feet 7099.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 5
Number of Separate Gas Meters 5
Number of Separate Water Meters 1
Parking Y/N Yes
Patio Count 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90066

Price
AVG $4.3M
$2.23M
Visits
AVG 42
47
Year Built
AVG 1967
1962
Walkscore
AVG 83
85
Data Provided by Walkscore ® not using MLS data

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