12717 Matteson AVE, Los Angeles, CA 90066
12717 Matteson AVE, Los Angeles, CA 90066
12717 Matteson AVE, Los Angeles, CA 90066
12717 Matteson AVE, Los Angeles, CA 90066
12717 Matteson AVE, Los Angeles, CA 90066
12717 Matteson AVE, Los Angeles, CA 90066
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Tony English

Tony English

+1(949) 463-1085
$ 2,100,000
Est. payment | /mo

15 Beds

14 Baths

6,830 SqFt

Save
$ 2,100,000
Est. payment | /mo
Save

15 Beds

14 Baths

6,830 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,830 sqft

Price per Sqft $307

MLS Listing ID 26855837

Bedrooms 15

HOA Y/N No

Year Built 1964

Lot Size 7,108 Sqft

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.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Heating Natural Gas

Cooling None

Fireplace No

Appliance Disposal

Exterior

Parking Features Attached Carport, Assigned

Carport Spaces 5

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4236017030

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Keith Moret Lyon Stahl Investment Real Estate, Inc. #01802527

NEARBY SCHOOLS & PROPERTIES

Tony English

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 463-1085

tonyenglish@me.com

28391 Sheridan Dr, Niguel, California 92677, United States

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12717 Matteson AVE