12420 Greene Avenue Los Angeles, CA $ 1,995,000
12420 Greene Avenue
$ 1,995,000
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12420 Greene Avenue

Los Angeles, CA, 90066
$ 1,995,000
Bedrooms16 Baths1.0 Sq 7,205

Monthly Estimate*

$ 13,779

Listed by David Miller, Miller & Desatnik Realty Co., davemiller@mdrealtycorp.com
12420 Greene Avenue, Los Angeles, CA 90066 - Image 1
12420 Greene Avenue, Los Angeles, CA 90066 - Image 2
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12420 Greene Avenue, Los Angeles, CA 90066 - Image 10

Multi-Family Home for sale in Los Angeles, CA

for $1,995,000 with 16 bedrooms and 1 full bath. This 7,205 square foot home was built in 1959 on a lot size of 0.2204.

**Seller Financing Available at competitive rates and terms! ** 12420 Greene Avenue is a 12-unit apartment building in the Del Rey pocket of Mar Vista, one of the Westside's most supply-constrained rental markets. The two-story courtyard building, built in 1959, totals approximately 7 ,205 square feet on a 9,599 square foot LAR1 lot just off Culver Boulevard, minutes from Playa Vista, Culver City and Venice.Offered at $1,995,000, just $166,250 per unit, $277 per building square foot and about $208 per land square foot, this 12-unit building is being sold at land value. In-place rents average $603 per month against projected market rents averaging $2,367. As units turn over, that gap supports a 5.85GRM and 13.71% cap rate at market rents. Seller financing is available at below-market rates and terms.

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Multi-Family Active

Price

$ 1,995,000

Bedrooms

16

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2204

Year Built

1959

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26999959

Days on Market

1

Features
General
Living Area 7205
Heating Wall Furnace
Appliances Refrigerator
Zoning LAR1
Year Built 1959
Stories Count 2
Levels Two
Gross Income 86844
County Los Angeles
Net Operating Income 27197
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions West of South Centinela Avenue and Greene Avenue Del Rey / Mar Vista
City Los Angeles
Senior Community Y/N false
Number Of Units Total 12
MLS Area C12 - Marina Del Rey
Lot Size Units Square Feet
Lot Size Square Feet 9599
Carport Y/N true
Standard Status Active
Year Built Source Assessor
Cap Rate 1.36
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Interior
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 16
Total Baths 13
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Exterior
Parking Features Attached Carport
Total Parking 0
Lot Size Area 9599
Number of Buildings 1
Building Area Total 7205
Lot Size Acres 0.2204
Lot Size Source Assessor
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* Excluded Features
List By
David Miller

Listing Agent

Miller & Desatnik Realty Co.

Broker

davemiller@mdrealtycorp.com

Email

Affordability Calculator

$13,779
Per Month
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Monthly Principal & Interest
$13,779
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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
10/12/2026$1,995,000 Listed Price

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12420 Greene Avenue, Los Angeles, CA, 90066 is a Multi-Family Home for sale at $1,995,000 with 7,205 sqft and a lot size of 0.2204. 12420 Greene Avenue has 16 bedrooms, 1.0 baths, and was built in 1959. The property's zip code is 90066 which is in Los Angeles, CA