12731 Mitchell AVE, Los Angeles, CA 90066
12731 Mitchell AVE, Los Angeles, CA 90066
12731 Mitchell AVE, Los Angeles, CA 90066
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Chris & Michelle Mardelli

Chris & Michelle Mardelli

+1(626) 215-4105
$3,125,000
Est. payment /mo
14 Beds
13 Baths
7,588 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,588 sqft

Price per Sqft $411

MLS Listing ID 26989483

Bedrooms 14

HOA Y/N No

Year Built 1971

Lot Size 7,104 Sqft

Property Description

We are pleased to present 12731 Mitchell Avenue, a nine unit multifamily property in a highly desirable pocket of Mar Vista, just north of Washington Boulevard and minutes from Venice, Marina del Rey and Culver City. Offered for the first time in more than 15 years, this thoughtfully owner managed property features an attractive unit mix of four two bedroom, two bath residences and five one bedroom, one bath residences. Built in 1971, the property totals approximately 7,104 square feet on an approximately 7,588 square foot lot. Long term ownership has already addressed several significant capital items, including a completed seismic retrofit and major roof improvements in 2025, while the property also benefits from predominantly copper plumbing. On site laundry provides an additional source of income beyond residential rents. Most units have been thoughtfully updated with hardwood flooring, stone countertops, open concept kitchens, tile finishes, stainless steel dishwashers, upgraded ranges and range hoods. The residences offer semi-open, flowing floor plans, while most units feature private balconies or patios, providing valuable outdoor living space. The property also offers ample gated semi subterranean parking with additional parking at the rear of the property, an important amenity in this Westside location.The location is a major part of the opportunity. With a Walk Score of 90, 12731 Mitchell Avenue is positioned between some of the Westside's most desirable lifestyle and employment centers, including Mar Vista, Venice, Marina del Rey and Culver City. The immediate neighborhood continues to attract substantial residential investment, including newer luxury multifamily development on Mitchell Avenue itself, reinforcing the continued evolution and desirability of this particular pocket.Nearby amenities include the Mar Vista Farmers Market, neighborhood dining and retail along Venice and Washington Boulevards, and the restaurants, recreation and coastal amenities of Venice and Marina del Rey. Downtown Culver City, Playa Vista and the broader Westside employment base are also nearby, while Washington Boulevard provides convenient connectivity to Downtown Culver City and the Metro E Line.With a desirable unit mix, updated interiors, private outdoor spaces, ample gated parking and significant capital improvements already completed, 12731 Mitchell Avenue offers investors a rarely available Mar Vista apartment asset with strong fundamentals, an outstanding Westside location and long term upside.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Heating Wall Furnace

Flooring Tile, Wood

Fireplace No

Appliance Dishwasher, Gas Cooktop

Exterior

Parking Features Attached Carport, Underground

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4236019027

Security Features Security Gate,Key Card Entry

Special Listing Condition Standard

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Listed by Don Favia Realty Investment Advisors, Inc. #01841258
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Chris & Michelle Mardelli

Broker Associate License ID: 01834969

+1(626) 215-4105 | chris@therealupside.com

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12731 Mitchell AVE

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