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12231 Pacific Ave
Los Angeles, CA 90066 Mar Vista

$1,900,000 USD

Apartments For Sale  •  6,950 SF

Property Details

• Property Type Apartments
• Total Building Size 6,950 SF
• Lot Size 0.17 AC
• Building Class C
• Year Built 1963

70 Transit Score

70 Walk Score

Highlights

44.9% Rent Upside: Current gross scheduled rent of $157,056 grows to $227,580 at pro forma market rents of $2,595 for 2B units and $2,995 for 3B units

Renovated 1963 Comparable Asking $2,799: 12727 Matteson Avenue, half a mile west, shares the subject's 1963 vintage and 6,950 SF building area.

100% Occupied with Zero Delinquency: All seven units are occupied and current as of August 11, 2026, with $0 outstanding and $3,400 in deposits held.

One-to-One Parking: Seven parking spaces serve seven units, documented on the 1964 Certificate of Occupancy.

All Two-Bath Unit Mix: Every one of the seven residences carries two full bathrooms, a configuration uncommon in 1963 Westside stock.

No Soft Story Retrofit Required: LADBS returns Possible Soft-Story: No.

Amenities

• 24 Hour Access
• Air Conditioning
• Controlled Access
• Tenant Controlled HVAC
• Heating
• Smoke Free
• Kitchen
• Refrigerator
• Oven
• Tub/Shower
• Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	13 min	-	7.1 mi
Bob Hope	32 min	-	21.9 mi
Long Beach (Daugherty Field)	32 min	-	24.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Surface
Included in Rent:	Yes