$2,350,000 - 12231 Pacific Avenue, Los Angeles

  • 7Beds
  • 5Baths
  • 6,950SQ. Feet
  • 0.17Acres

Los Angeles Home For Sale

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.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces12
  • ParkingDriveway
  • GaragesDriveway

Essential Information

  • MLS® #26659095
  • Price$2,350,000
  • Bedrooms7
  • Bathrooms5.00
  • Square Footage6,950
  • Acres0.17
  • Year Built1963
  • TypeResidential Income
  • StatusActive
  • Listing AgentRaisa Lobo
  • Listing OfficeCompass

Interior

  • HeatingWall Furnace
  • CoolingNone
  • # of Stories2
  • StoriesTwo

Community Information

  • Address12231 Pacific Avenue
  • AreaC13 - Palms - Mar Vista
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90066

Additional Information

  • Date ListedMarch 3rd, 2026
  • Days on Market47
  • ZoningLAR3
  • Short SaleN
  • RE / Bank OwnedN

Price Change History for 12231 Pacific Avenue, Los Angeles, (MLS® #26659095)

Date Details Price Change
Price Reduced $2,350,000 $125,000 (5.05%)
Price Reduced (from $2,600,000) $2,475,000 $125,000 (4.81%)

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  • City:
    Los Angeles
  • Price Range:
    $349,000 - $40,000,000
  • Current Listings:
    1886
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $446

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Based on information from California Regional Multiple Listing Service, Inc. as of April 19th, 2026 at 4:30am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.