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    12747 Mitchell Avenue

    Los Angeles (City), CA 90066
    • $2,095,000
    • STATUS: Active
    • ON SITE: 114 days
    • ID#: 21682086
    Price Reduced
    $2,095,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,062
      SQFT
    • $684
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Tremendous opportunity for development into 8-units by-right or 13-units with the City of Los Angeles Density Bonus Program or for use as-is as a long term, easy management hold asset in the desirable & ever-increasing value neighborhood of Mar Vista. This 5-unit property consists of one 2BR+1BA single-family home & four 1BR+1BA back units with no vacancies which provides great income while obtaining plans & permits for a new build. Zoning is LAR-3-1 to a 15' alley on a 7,100 SF lot and is perfectly situated between burgeoning LA tech hubs of Silicon Beach & Downtown Culver City, home to the new Apple and Amazon developments & major technology companies such as Google, Facebook, Netflix, Yahoo!, YouTube, Nike, BuzzFeed, Electronic Arts, and Sony. With an 85 Walk Score/ 72 Bike Score, Venice Beach & Marina Del Rey are just minutes away along with amazing area restaurants, gourmet coffee shops, Farmers Market, Abbot Kinney, shopping, & transportation nearby. OM provided upon request.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
    www.myorangecountyhomesearcher.com/homes/113392401
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    12747 Mitchell Avenue Los Angeles (City), CA 90066

    • Price: $2,095,000
    • Status: Active
    • ID#: 21682086
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,062
    SQFT
    $684
    $/SQFT
    1962
    Built
    Neighborhood:
    C13 - Palms - Mar Vista
    County:
    Los Angeles
    Area:
    C13 - Palms - Mar Vista
    Property Description
    Tremendous opportunity for development into 8-units by-right or 13-units with the City of Los Angeles Density Bonus Program or for use as-is as a long term, easy management hold asset in the desirable & ever-increasing value neighborhood of Mar Vista. This 5-unit property consists of one 2BR+1BA single-family home & four 1BR+1BA back units with no vacancies which provides great income while obtaining plans & permits for a new build. Zoning is LAR-3-1 to a 15' alley on a 7,100 SF lot and is perfectly situated between burgeoning LA tech hubs of Silicon Beach & Downtown Culver City, home to the new Apple and Amazon developments & major technology companies such as Google, Facebook, Netflix, Yahoo!, YouTube, Nike, BuzzFeed, Electronic Arts, and Sony. With an 85 Walk Score/ 72 Bike Score, Venice Beach & Marina Del Rey are just minutes away along with amazing area restaurants, gourmet coffee shops, Farmers Market, Abbot Kinney, shopping, & transportation nearby. OM provided upon request.
    Exterior Features

    Architectural Style Mid-Century Modern Construction Materials Stucco Direction Faces South Lot Features Front YardRectangular Lot Number Of Separate Electric Meters 5 Parking Features Uncovered Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances DisposalRange Fireplace Features Decorative Fireplace YN Yes Flooring CarpetWood

    Property Features

    Additional Parcels YN No Buyer Financing Cash Disclosures Familial Relation Gross Income 95936 Land Lease YN No Laundry Features In Kitchen Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 62783 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Possession Close Of Escrow Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 95936 Vacancy Allowance Rate 0 Zoning Lar3

    Listing provided courtesy of Laura Klein of Kre + Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
     
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