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12535 Pacific Avenue

Los Angeles, CA 90066
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Bed 12

Bed

Bath 13

Bath

SqFt6,404

Sqft

SqFt6,994

Sqft(Lot)

We are pleased to present 12535 Pacific Avenue, a nine-unit apartment building in Mar Vista. A qualified buyer may assume the existing Chase loan at 4.48%, fixed through 06/01/2029, subject to Chase's approval. Built in 1962, the two-story wood-frame building holds one single, four one-bedroom, one-bath units and four two bedroom, two-bath units in 6,404 square feet on a 6,992-square-foot R3-1 lot, with tuck-under parking. All nine units are registered under the Los Angeles Rent Stabilization Ordinance.The investment case is stabilized income with rent growth as long-term tenancies turn. Four units leased between November 2025 and September 2026 at $1,950 to $2,750 a month, and four tenancies in place since 2014 or earlier hold the building's rent upside. Major building work is already com plete: the soft-story retrofit, dual-glazed windows and an earthquake gas shutoff valve.The offering suits 1031 exchange buyers and private investors looking for Westside rentalincome with fixed-rate financing in place, within a short drive of the Playa Vista, Culver City and Santa Monica job centers.The property sits in Mar Vista, one block south of the Venice Boulevard main street and its restaurants and coffee shops. Mitsuwa Marketplace and its food court are 0.26 miles away, the Sunday Mar Vista Farmers Market on Grand View Boulevard 0.33 miles, Vons 0.42 miles and the Mar Vista Branch Library 0.47 miles. Grand View Boulevard Elementary is 0.35 miles away. ZIMAS identifies the property as within half a mile of a High Quality Transit Corridor and a major transit stop. Playa Vista, home to many of Silicon Beach's technology employers, is 2.1 miles away, downtown Culver City 2.84 miles and downtown Santa Monica 3.61 miles, and LAX is 4.5 miles from the property. HUD's 2027 Small Area Fair Market Rents for ZIP 90066 are $2,980 for a one-bedroom and $3,680 for a two-bedroom unit. These ZIP-level voucher payment-standard benchmarks are not unrestricted market rents or a guarantee of achievable rent.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,150,000

AD Id : 91680378

MLS Id : 26997097

Beds : 12

Lot Size : 6,994 Sq. Ft

Living Area Size : 6,404 Sq. Ft

Year Built : 1962

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 13
  • Heating & Cooling

    Cooling: None

  • Building Information

    Year Built: 1962
    Building Area Total: 6404
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 50x140 Main Square Feet: 6994 Lot Size Acres: 0.1606 Lot Size Source: Assessor Lot Size Square Feet: 6,994

  • Listing Price Information

    Listing Price: $2150000

  • Tax Information

    Parcel Number: 4235012012

  • Location Information

    Direction: South of Venice Blvd, on Pacific Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3849 Sawtelle Boulevard, Los Angeles, CA, 90066 $2,450,000 6 6 3,528 9,471 Sq. Ft
4232 Mclaughlin, Los Angeles, CA, 90066 $1,499,999 -- -- -- 6,006 Sq. Ft
4239 S Centinela Avenue, Los Angeles, CA, 90066 $1,195,000 3 3 1,596 5,001 Sq. Ft
4231 S Centinela Avenue, Los Angeles, CA, 90066 $1,195,000 3 3 1,596 5,001 Sq. Ft
12314 Washington, Los Angeles, CA, 90066 $1,358,000 8 4 -- 6,130 Sq. Ft
12413 Westminster Avenue, Los Angeles, CA, 90066 $2,299,000 6 5 3,548 6,752 Sq. Ft
12930 Gilmore Avenue, Los Angeles, CA, 90066 $1,999,999 6 5 2,857 6,875 Sq. Ft

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 10/10/2026 @ 12:35

MLS: 26997097 LISTED BY: Filip Niculete, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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