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Buy a propertyat 12412 Pacific Avenue, Los Angeles, CA 90066

$7,300,000

$0/mo

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Multifamily

10,540 Sq. Ft.

7,802 Sq. Ft. lot

12 Bedrooms

0 Bathrooms

507 Days on market

22226173 MLS ID

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About 12412 Pacific Avenue property

First time on the Market! Located in the heart of Mar Vista, well known as one of the most upcoming and trendy areas on the West Side. 12412 Pacific Avenue is a 12 unit, relatively new apartment building built to the highest standards in 2011. 100% occupied, Pacific Avenue has large one bedroom and 1+1/1/2-bathroom townhome style units. Ten units have a bedroom and master bathroom on the second floor, with the living room, kitchen, and half bath on the third floor. Secured entrance assigned parking is conveniently located in the building. All units have an oversized, private rooftop deck accessible through a third story staircase. Unit amenities include laundry washer/dryer in all units. All units have very rare Private Rooftop Decks. Qortstone Countertops and Hardwood Floors Stainless Steel Appliances: Gas Stove/Range, Fridge, Dishwasher, Microwave Cable ready Dual pane windows, mirrored closets, central air, and air conditioning. The living rooms feature hardwood floors while the bathrooms feature modern, ceramic tile flooring. Perfectly located near Silicone Beach, Venice Pier and Boardwalk, Santa Monica, Century City and Culver City and other beach cities that are easily accessible. Transportation options are endless when you are so close by the MTA Expo Line and the BLUE BUS. Not to mention how easy it is to access 10 FWY and 405 FWY to go to and from the property. This city serves as a host to several great events such as Street Food Chic, Culver City Annual Holiday Art Show, Hoops for Heroes, and the Farmers Market. Mar Vista was featured in the L.A.'s Times as an awesome city catering to many new businesses ranging from popular Coffee Roasters, great delicious restaurants, or skip to the next beach city with a quick commute. Endless options to this great location!
First time on the Market! Located in the heart of Mar Vista, well known as one of the most upcoming and trendy areas on the West Side. 12412 Pacific Avenue is a 12 unit, relatively new apartment building built to the highest standards in 2011. 100% occupied, Pacific Avenue has large one bedroom and 1+1/1/2-bathroom townhome style units. Ten units have a bedroom and master bathroom on the second floor, with the living room, kitchen, and half bath on the third floor. Secured entrance assigned parking is conveniently located in the building. All units have an oversized, private rooftop deck accessible through a third story staircase. Unit amenities include laundry washer/dryer in all units. All units have very rare Private Rooftop Decks. Qortstone Countertops and Hardwood Floors Stainless Steel Appliances: Gas Stove/Range, Fridge, Dishwasher, Microwave Cable ready Dual pane windows, mirrored closets, central air, and air conditioning. The living rooms feature hardwood floors while the bathrooms feature modern, ceramic tile flooring. Perfectly located near Silicone Beach, Venice Pier and Boardwalk, Santa Monica, Century City and Culver City and other beach cities that are easily accessible. Transportation options are endless when you are so close by the MTA Expo Line and the BLUE BUS. Not to mention how easy it is to access 10 FWY and 405 FWY to go to and from the property. This city serves as a host to several great events such as Street Food Chic, Culver City Annual Holiday Art Show, Hoops for Heroes, and the Farmers Market. Mar Vista was featured in the L.A.'s Times as an awesome city catering to many new businesses ranging from popular Coffee Roasters, great delicious restaurants, or skip to the next beach city with a quick commute. Endless options to this great location!

Property details

Appliances and Equipment

Dishwasher

Gas Cooktop

Disposal

Gas Oven

Gas Range

Oven

Range

Refrigerator

Range Hood

Vented Exhaust Fan

Dryer

Washer

Bathrooms

24 total bathrooms

Bedrooms

12 total bedrooms

House

3 total stories

Built in 2011

10,540 sqft living area

10540 total building sqft

Contemporary

Three Or More

Rooftop

Community

Gated

Cooling

Central Air

Floors

Wood

Garage

Attached garage

12 garage spaces

Heating

Central

Income

Gross Income: 366300

Net Operating Income: 150155

Laundry

Stacked

Listing

Listing ID: 22226173

168 days on market

Listed on 2022-12-21

Location

County: Los Angeles

Lot

7802 sqft

0.1791 acres

Area: 7802

Dimensions: 62x128

Parking

12 total parking spaces

Assigned

Concrete

Driveway

Electric Gate

Garage

Garage Door Opener

Gated

Private

Side By Side

Possession

Close Of Escrow

Property

Single building

12 units

City Lights

Coastline

Hills

Mountain(s)

Panoramic

Security System

Carbon Monoxide Detector(s)

Fire Detection System

Security Gate

Gated Community

Smoke Detector(s)

Tenant Pays

Electricity

Gas

Utilities

12 separate electric meters

12 separate gas meters

12 separate water meters

Windows

Double Pane Windows

Monthly cost

Estimated monthly cost

$46,519/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$6,862,000

+$219,000

$7,081,000

Seller agent commission$219,000 (3%)*

$0 (0%)

Buyer agent commission$219,000 (3%)*

$219,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: May 18, 2024 at 7:09 p.m.

Data updated: Jun 13, 2023 at 8:05 p.m.

Property listed by Sotheby's International Realty, Gregory Bega
Based on information from California Regional Multiple Listing Service, Inc. as of 06/13/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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