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12609 Mitchell Avenue

Los Angeles, CA 90066
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Bed 4

Bed

Bath 4

Bath

SqFt2,426

Sqft

SqFt7,106

Sqft(Lot)

This legacy four-plex held in the same family since 1989, presents a rare opportunity to acquire a character rich, desirable asset in Prime Mar Vista with 3 of 4 units delivered vacant. The new owner will benefit from multiple options to profitability- rehabbing and renting at market, redevelopment for up to 8 units or adding ADU's for substantially higher income (buyer to verify with City). It benefits from a premium location just blocks from the Von's shopping center, the new Culver Public Market and neighborhood dining destinations such as Hatchet Hall and Broken Spanish. The property offers an exceptional blend of long term stability and meaningful value add potential. Built in 1954, the property has 2,426 square feet of improvements on a generous 7,104 SF R3 zoned lot, creating option ality for future expansion, additional units, or ADU development (buyer to verify). The site features an ideal layout: a standalone 3BD/1BA front cottage with a private garage paired with a rear triplex consisting of three well-proportioned 1BD/1BA units all of which will all be delivered vacant. The two rear garages will also be delivered vacant, offering immediate income upside or potential for conversion. The property has been professionally managed by the same operator for 40 years, providing investors with confidence in its operational continuity and clean historical oversight. Recent capital improvements include brand new electrical sub panels in all four units, rebuilt freshly painted stairs and handrails for the rear building, new vertical and horizontal plumbing in the front house and a new heater in Unit 12609. With five total parking spaces and a simple, efficient building configuration, the asset is easy to operate and highly marketable to today's renter base. For investors seeking a blend of stability, upside, and long term optionality, this Mar Vista four plex checks every box: irreplaceable location, strong in-place fundamentals, clear paths to revenue growth, and zoning that supports future redevelopment potential. This is a rare chance to secure a legacy asset in a supply constrained Westside submarket.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,500,000

AD Id : 89475659

MLS Id : 26867233

Beds : 4

Lot Size : 7,106 Sqft

Living Area Size : 2,426

Year Built : 1954

Garage : 4

County : Los Angeles

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Feature Features

  • Interior Features

    Appliances: Disposal
  • Heating & Cooling

    Has Heating: Yes Heating: NaturalGas, WallFurnace Cooling: None

  • Building Information

    Year Built: 1954
    Building Area Total: 2426
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 7106 Lot Size Acres: 0.1631 Lot Size Square Feet: 7,106

  • Listing Price Information

    Listing Price: $1500000

  • Tax Information

    Parcel Number: 4235005016

  • Parking Information

    Parking Total: 4 DoorSingle, Garage

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: South of Washington Pl. West of Centinela Ave.
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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 $1,449,900 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
4034 Coolidge Avenue, Los Angeles, CA, 90066 $4,875,000 5 5 4,155 4,155 SqFt
11416 Venice Boulevard, Los Angeles, CA, 90066 $925,000 2 1 776 776 SqFt
3629 Corinth Avenue, Los Angeles, CA, 90066 $2,870,000 5 5 2,891 2,891 SqFt
11420 Biona Drive, Los Angeles, CA, 90066 $3,249,000 4 4 3,038 3,038 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/19/2026 @ 00:18

MLS: 26867233 LISTED BY: Keith Moret, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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