12231 Pacific Avenue Los Angeles, CA ^$ 2,600,000

12231 Pacific Avenue

^$ 2,600,000

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12231 Pacific Avenue

Los Angeles, CA, 90066

^$ 2,600,000

Bedrooms16 Baths1.0 Sq 6,950

Monthly Estimate*

^$ 16,009

Listed by Compass

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Multi-Family Home for sale in Los Angeles, CA

for $2,600,000 with 16 bedrooms and 1 full bath. This 6,950 square foot home was built in 1963 on a lot size of 0.1722.

We are pleased to exclusively offer this A+ location 7-unit multifamily property located at 12231 Pacific Avenue in the heart of Mar Vista. The 6,950 square foot building features a well-designed unit mix of (4) 2-bedroom, 2-bathroom unit and (2) 3-bedroom, 2-bathroom units and (1) 2-bedroom, 1-bathroom unit. This asset presents a unique "blank slate" opportunity for an investor to implement a value-add business plan. The strategy involves renovating the units to modern standards targeting a gross monthly income of $23,000. This represents a 24.3% increase over the pro-forma gross monthly rent of $18,500. 12 parking spaces and laundry room in complex with potential for increased revenue.

Multi-Family Active

Price

^$ 2,600,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1722

Year Built

1963

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26659095

Days on Market

Features

General

Living Area 6950

Heating Wall Furnace

Cooling None

Zoning LAR3

Year Built 1963

Stories Count 2

Levels Two

Gross Income 222000

County Los Angeles

Net Operating Income 155400

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions West on Pacific from Grand View

City Los Angeles

Senior Community Y/N false

Number Of Units Total 7

MLS Area C13 - Palms - Mar Vista

Lot Size Units Square Feet

Lot Size Square Feet 7503

Property Attached Y/N true

Standard Status Active

Cap Rate 5.97

Interior

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N false

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features Common Area

Total Bedrooms 16

Total Baths 13

Exterior

Parking Features Driveway

Total Parking 12

Lot Size Area 7503

Number of Buildings 1

Building Area Total 6950

Lot Size Acres 0.1722

Lot Size Source Assessor

* Excluded Features

List By

Compass

Broker

raisa.lobo@compass.com

Affordability Calculator

$16,009

Per Month

Monthly Principal & Interest: $16,009
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,836,942

Percent of Sale Price 29%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
3/3/2026	$2,600,000		Listed Price

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12231 Pacific Avenue, Los Angeles, CA, 90066 is a Multi-Family Home for sale at $2,600,000 with 6,950 sqft and a lot size of 0.1722. 12231 Pacific Avenue has 16 bedrooms, 1.0 baths, and was built in 1963. The property's zip code is 90066 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/4/2026. 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.

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12231 Pacific Avenue

Multi-Family Home for sale in Los Angeles, CA

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