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Sharlyn Nazarian & Paul Phillips

[email protected] +1(213) 317-5377

$ 2,100,000

Est. payment -/mo

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Pending

12717 Matteson Ave Los Angeles, CA 90066

15 Beds

14 Baths

6,830 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,830 sqft

Price per Sqft $307

MLS Listing ID 26855837

Style Mid-Century

Bedrooms 15

Year Built 1964

Lot Size 7,107 Sqft

Acres 0.1632

Property Sub-Type Multi-Family

Property Description

This 9 unit gem is in the very desirable Mar Vista neighborhood. The family has owned this property since 1989 and is retiring from the business. It has a desirable unit mix consisting of (1) 3br/2ba (to be delivered vacant); (2) 2BR/2BA;(2) 2br/1ba: and (4) 1br/1ba units. There is 44% rental upside and with current cap of 4.89% and pro-forma cap of 8.39%, the path to profitability is clear. The property is well maintained with recently rebuilt deck, railing & stairs, 2 re-habbed units and an Environmental clearance report issued in May 2026. The Seismic retrofit has been completed. There are 7 on-site parking spaces and storage units for the tenants.

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment Garbage Disposal

Exterior

Parking Features Carport Attached, Assigned

Garage Spaces 7.0

Building

Story 2

Architectural Style Mid-Century

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

Sharlyn Nazarian & Paul Phillips

Realtor License ID: DRE #02251393 DRE#02251387

+1(213) 317-5377

Sharlyn Nazarian & Paul Phillips

12717 Matteson Ave Los Angeles, CA 90066

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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12717 Matteson Ave