12731 Mitchell Avenue Los Angeles, CA $ 3,125,000
12731 Mitchell Avenue
$ 3,125,000
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12731 Mitchell Avenue

Los Angeles, CA, 90066
$ 3,125,000
Bedrooms14 Baths8.0 Sq 7,588

Monthly Estimate*

$ 19,732

Listed by Don Favia, Realty Investment Advisors, Inc., dfavia@riacre.com
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Multi-Family Home for sale in Los Angeles, CA

for $3,125,000 with 14 bedrooms and 8 full baths. This 7,588 square foot home was built in 1971 on a lot size of 0.1631.

We are pleased to present 12731 Mitchell Avenue, a nine unit multifamily property in a highly desirable pocket of Mar Vista, just north of Washington Boulevard and minutes from Venice, Marina del Rey and Culver City. Offered for the first time in more than 15 years, this thoughtfully owner managed property features an attractive unit mix of four two bedroom, two bath residences and five one bedroom, one bath residences. Built in 1971, the property totals approximately 7,104 square feet on an approximately 7,588 square foot lot. Long term ownership has already addressed several significant capital items, including a completed seismic retrofit and major roof improvements in 2025, while the property also benefits from predominantly copper plumbing. On site laundry provides an additional source of income beyond residential rents. Most units have been thoughtfully updated with hardwood flooring, stone countertops, open concept kitchens, tile finishes, stainless steel dishwashers, upgraded ranges and range hoods. The residences offer semi-open, flowing floor plans, while most units feature private balconies or patios, providing valuable outdoor living space. The property also offers ample gated semi subterranean parking with additional parking at the rear of the property, an important amenity in this Westside location.The location is a major part of the opportunity. With a Walk Score of 90, 12731 Mitchell Avenue is positioned between some of the Westside's most desirable lifestyle and employment centers, including Mar Vista, Venice, Marina del Rey and Culver City. The immediate neighborhood continues to attract substantial residential investment, including newer luxury multifamily development on Mitchell Avenue itself, reinforcing the continued evolution and desirability of this particular pocket.Nearby amenities include the Mar Vista Farmers Market, neighborhood dining and retail along Venice and Washington Boulevards, and the restaurants, recreation and coastal amenities of Venice and Marina del Rey. Downtown Culver City, Playa Vista and the broader Westside employment base are also nearby, while Washington Boulevard provides convenient connectivity to Downtown Culver City and the Metro E Line.With a desirable unit mix, updated interiors, private outdoor spaces, ample gated parking and significant capital improvements already completed, 12731 Mitchell Avenue offers investors a rarely available Mar Vista apartment asset with strong fundamentals, an outstanding Westside location and long term upside.

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Multi-Family Active

Price

$ 3,125,000

Bedrooms

14

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1631

Year Built

1971

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26989483

Days on Market

5

Features
General
Living Area 7588
Heating Wall Furnace
Possession Close Of Escrow
Appliances Dishwasher Gas Cooktop
Zoning LAR3
Security Features Security Gate Key Card Entry
Year Built 1971
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Gross Income 280860
County Los Angeles
Net Operating Income 185669
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions NW of Washington & Wade Left on Mitchell
City Los Angeles
Senior Community Y/N false
Number Of Units Total 9
MLS Area C13 - Palms - Mar Vista
Lot Size Units Square Feet
Lot Size Square Feet 7104
Carport Y/N true
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.94
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Interior
Flooring Tile Wood
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 14
Total Baths 13
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Exterior
Parking Features Attached Carport Underground
Total Parking 0
Lot Size Area 7104
Number of Buildings 1
Building Area Total 7588
Lot Dimensions 50x141
Lot Size Acres 0.1631
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* Excluded Features
List By
Don Favia

Listing Agent

Realty Investment Advisors, Inc.

Broker

dfavia@riacre.com

Email

Affordability Calculator

$19,732
Per Month
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Monthly Principal & Interest
$19,732
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$3,125,000 Listed Price

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12731 Mitchell Avenue, Los Angeles, CA, 90066 is a Multi-Family Home for sale at $3,125,000 with 7,588 sqft and a lot size of 0.1631. 12731 Mitchell Avenue has 14 bedrooms, 8.0 baths, and was built in 1971. The property's zip code is 90066 which is in Los Angeles, CA