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

Studio Baths0.0 Sq 6,950

Monthly Estimate*

^$ 16,009

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,600,000. This 6,950 square foot home was built in 1963 on a lot size of 0.17.

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

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.17

Year Built

1963

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026659095

Features

General

Living Area 6950.0

Heating Wall Furnace

Zoning LAR3

Year Built 1963

Levels Two

County Los Angeles

Net Operating Income 155400.0

New Construction No

Property Type C

HOA No

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area C13 - Palms - Mar Vista

Lot Size Units Square Feet

Lot Size Square Feet 7503.0

Property Attached Y/N Yes

Standard Status Active

Exterior

Parking Features Driveway

Lot Size Area 7503.0

Foundation Details None

Pool Y/N? Yes

Building Area Total 6950.0

Lot Size Acres 0.17

Land Lease Type Fee

Interior

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N No

Heating Y/N Yes

Laundry Features Community

Total Baths 0

* Excluded Features

List By

Raisa Lobo

Listing Agent

Compass

Broker

Affordability Calculator

$16,009

Per Month

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

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Yearly Home Insurance

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 ^$1,831,267

Percent of Sale Price 30%

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

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 0.17. 12231 Pacific Avenue is a studio with 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/3/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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12231 Pacific Avenue

Multi-Family Home for sale in Los Angeles, CA

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