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 (5) 2-bedroom, 2-bathroom unit and (2) 3-bedroom, 2-bathroom units. This asset presents a unique opportunity for the right investor to implement a value-add business plan. . 12 parking spaces and laundry room in complex with potential for increased revenue.
For sale
Price cut: $200K (6/22)
$1,950,000
12231 Pacific Ave, Los Angeles, CA 90066
16beds
13baths
6,950sqft
:
Get pre-qualified$13,011/mo
Multi Family
Built in 1963
-- sqft lot
$1,835,600 Zestimate®
$281/sqft
$-- HOA
What's special
Laundry room in complex
- 89 days |
- 217 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Raisa Lobo DRE # 01929473 310-218-7126,
Compass 310-437-7500,
Jennifer Portnoy DRE # 01215535 310-420-7861,
Compass
Source: CLAW,MLS#: 26830379
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 13
Heating
- Wall
Cooling
- None
Appliances
- Laundry: Common Area
Interior area
- Total structure area: 6,950
- Total interior livable area: 6,950 sqft
Property
Parking
- Total spaces: 12
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,501 Square Feet
Details
- Additional structures: None
- Parcel number: 4235023025
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1963
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $281/sqft
- Date on market: 5/6/2026
- Total actual rent: 157056
Estimated market value
$1,835,600
$1.74M - $1.93M
$2,312/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $1,950,000-9.3%$281/sqft |
Source:  CLAW #26830379 Report a problem | ||
| 5/6/2026 | Listed for sale | $2,150,000-8.5%$309/sqft |
Source: CLAW #26830379 Report a problem | ||
| 4/29/2026 | Listing removed | $2,350,000$338/sqft |
Source: CLAW #26659095 Report a problem | ||
| 4/16/2026 | Price change | $2,350,000-5.1%$338/sqft |
Source: CLAW #26659095 Report a problem | ||
| 4/7/2026 | Price change | $2,475,000-4.8%$356/sqft |
Source: CLAW #26659095 Report a problem | ||
| 3/3/2026 | Listed for sale | $2,600,000$374/sqft |
Source: CLAW #26659095 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Mar Vista
Nearby schools
GreatSchools rating
- 8/10Grand View Boulevard Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10Marina Del Rey Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10Venice Senior High SchoolGrades: 9-12Distance: 0.9 mi
- $1,343,0002 bd2 ba-- sqft12231 Pacific Ave APT 3, Los Angeles, CA 90066Off Market
- $--2 bd1 ba-- sqft12225 Pacific Ave APT 2, Los Angeles, CA 90066Off Market
- $--1 bd1 ba-- sqft12225 Pacific Ave APT 4, Los Angeles, CA 90066Off Market
- $2,6752 bd1 ba-- sqft12225 Pacific Ave #8, Los Angeles, CA 90066For Rent
- $--2 bd1 ba-- sqft12225 Pacific Ave APT 7, Los Angeles, CA 90066Off Market
- $--3 bd2 ba-- sqft12225 Pacific Ave APT 1, Los Angeles, CA 90066Off Market
- $--1 bd1 ba750 sqft12235 Pacific Ave #107, Los Angeles, CA 90066Off Market
- $1,167,1001 bd1 ba-- sqft12235 Pacific Ave #3, Los Angeles, CA 90066Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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