12231 Pacific Avenue
Los Angeles, CA 90066
16
Bed
13
Bath
6,950Sqft
7,503Sqft(Lot)
We are pleased to present 12231 Pacific Avenue, a seven-unit multifamily property in Mar Vista, one block south of the Venice Boulevard retail corridor. Built 1963, the property comprises five 2BD/2BA units of approximately 900 SF and two 3BD/2BA units of approximately 1,100 SF across 6,950 SF on a 7,501 SF lot. Two-story wood frame with seven parking spaces serving seven units and an arcaded street-facing elevation. Registered under the City of Los Angeles Rent Stabilization Ordinance. The investment case is near-term rent capture with no capital requirement. In-place rents run $1,643 to $2,146 per month against MLS leased comparables of $2,300 to $3,395 for two-bedroom product within 0.8 miles, for approximately 44.9% rent upside. Four of seven tenancies date to 2005 or earlier, and all
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 16Bathroom Information
Total Baths: 13
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Building Information
Year Built: 1963Building Area Total: 6950Stories: 2Private Pool: No
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Lot Information
Lot Dimensions: 50x150 Main Square Feet: 7503 Lot Size Acres: 0.1722 Lot Size Square Feet: 7,503
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Listing Price Information
Listing Price: $1900000
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Tax Information
Parcel Number: 4235023025
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Virtual Tour
Parking Information
Assigned
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Location Information
Direction: Venice Blvd & Grand View Blvd
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 11724 Culver Boulevard #8, Los Angeles, CA, 90066 | $1,635,000 | 4 | 4 | 2,145 | 2,145 SqFt |
| 4354 Coolidge Avenue, Los Angeles, CA, 90066 | $1,399,900 | 2 | 1 | 990 | 990 SqFt |
| 11401 Washington Place, Los Angeles, CA, 90066 | $2,795,000 | 13 | -- | 7,129 | 7,129 SqFt |
| 11376 Matteson Avenue, Los Angeles, CA, 90066 | $1,549,000 | 3 | 3 | 1,646 | 1,646 SqFt |
| 4248 Mclaughlin Avenue, Los Angeles, CA, 90066 | $2,395,000 | 4 | 4 | 2,982 | 2,982 SqFt |
| 11359 Biona Drive, Los Angeles, CA, 90066 | $2,350,000 | 4 | 2 | 2,256 | 2,256 SqFt |
| 11404 Biona Drive, Los Angeles, CA, 90066 | $2,750,000 | 5 | 5 | 2,935 | 2,935 SqFt |
| 4034 Coolidge Avenue, Los Angeles, CA, 90066 | $4,875,000 | 5 | 5 | 4,155 | 4,155 SqFt |
| 11416 Venice Boulevard, Los Angeles, CA, 90066 | $825,000 | 2 | 1 | 776 | 776 SqFt |
| 3629 Corinth Avenue, Los Angeles, CA, 90066 | $2,870,000 | 5 | 5 | 2,891 | 2,891 SqFt |
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ByOwner last updated this listing 08/27/2026 @ 01:21
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