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12628 Pacific Ave

Los Angeles, CA 90066
  • $3,400,000
  • STATUS: Pending
  • ON SITE: 48 Days
  • MLS #: 21-780060
Pending
UPDATED: 235 min ago
$3,400,000
  • 14
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,540
    SQFT
  • $451
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

9 Units on the Westside located in Mar Vista. Same Owner for 4 Decades. Clean and well maintained.Ideal Unit Mix consisting of One 3 Bedroom/2 Baths, Three 2 Bedroom/2 Baths & Five One Bedroom/ 1 Baths. The building consists of 7,540 square feet on a 7,098 square foot lot, built in 1963. Prime location situated between LA tech hubs of Silicon Beach & Downtown Culver City, home to the new Apple and Amazon developments along with other major technology companies including Google, Facebook, Apple, Netflix, Yahoo, YouTube, Nike, BuzzFeed, Electronic Arts and Sony. The area continues to attract established tech companies along with new startups. Close to Venice Beach and Marina Del Rey with happening restaurants, coffee shops, shopping, & transportation nearby. True opportunity to acquire a well located apartment building on the Westside and add value. * Soft Story Work Completed * Copper Plumbing * All Dual Pane Windows Except Unit 5 * Individually Metered Gas & Electric AC In Units 2 & 6 * Patios In Units 5, 6, 7 & 9 * Units 1, 2, 3, 6, & 9 Have Been Updated * Parking For All 9 Units. Adherence to CAR's Best Practices Guidelines & Prevention Plan, as well as the wearing of masks & any mandatory govt requirements is also required. DO NOT DISTURB Tenants, Inside with accepted offer.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-21T23:42:37.967. 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.
www.deserthouseseekers.com/homes/121123320
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12628 Pacific Ave Los Angeles, CA 90066

  • Price: $3,400,000
  • Status: Pending
  • Updated: 235 min ago
  • MLS #: 21-780060
14
Beds
0
Baths
0
½ Baths
0.16
Acres
7,540
SQFT
$451
$/SQFT
1963
Built
Neighborhood:
Palms - Mar Vista
County:
Los Angeles
Area:
Palms - Mar Vista
Property Description
9 Units on the Westside located in Mar Vista. Same Owner for 4 Decades. Clean and well maintained.Ideal Unit Mix consisting of One 3 Bedroom/2 Baths, Three 2 Bedroom/2 Baths & Five One Bedroom/ 1 Baths. The building consists of 7,540 square feet on a 7,098 square foot lot, built in 1963. Prime location situated between LA tech hubs of Silicon Beach & Downtown Culver City, home to the new Apple and Amazon developments along with other major technology companies including Google, Facebook, Apple, Netflix, Yahoo, YouTube, Nike, BuzzFeed, Electronic Arts and Sony. The area continues to attract established tech companies along with new startups. Close to Venice Beach and Marina Del Rey with happening restaurants, coffee shops, shopping, & transportation nearby. True opportunity to acquire a well located apartment building on the Westside and add value. * Soft Story Work Completed * Copper Plumbing * All Dual Pane Windows Except Unit 5 * Individually Metered Gas & Electric AC In Units 2 & 6 * Patios In Units 5, 6, 7 & 9 * Units 1, 2, 3, 6, & 9 Have Been Updated * Parking For All 9 Units. Adherence to CAR's Best Practices Guidelines & Prevention Plan, as well as the wearing of masks & any mandatory govt requirements is also required. DO NOT DISTURB Tenants, Inside with accepted offer.
Exterior Features

Lot Size Area 7099 Other Structures None Parking Garage Carport Attached Total Parking 9

Interior Features

Baths Total 13.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 710655 Gross Income 212472 Gross Operating Income 212472 Like Units1 1 Like Units2 3 Like Units3 5 Net Operating Income 141401.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Title Company Source Lot Size Area Other Total Annual Expense 30271 Type Of Units Flat Year Built Source Other Zoning Lar3

Listing provided courtesy of Francyne Lambert DRE#00827267 of Lambert Investments, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-21T23:42:37.967. 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.
 
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