12718 Mitchell Avenue
Multifamily | 5.56% CAP | 9 Units
Marketing description
Miller & Desatnik Realty Corp. presents 12718 Mitchell Avenue For Sale!
This well maintained 9 unit apartment building is located in the highly desirable Mar Vista neighborhood of West Los Angeles. Situated on a 7,099-square-foot lot, the property offers an attractive unit mix, efficient layout, and an appealing residential setting. The building features seven one-bedroom, one-bathroom units and two two-bedroom, two-bathroom units. The spacious floor plans appeal to a broad tenant base and have supported strong occupancy over time. Some units feature private balconies or patios, stainless steel appliances, and hardwood flooring that enhance the overall living experience. Residents benefit from a quiet residential setting while enjoying convenient access to the numerous lifestyle amenities that define the West Los Angeles market.
Ideally located near Venice, Marina del Rey, Playa Vista, Culver City, and Santa Monica, the property provides immediate access to some of Southern California's most prominent employment centers, shopping destinations, restaurants, and entertainment venues.
12718 Mitchell Avenue presents investors with the opportunity to acquire a quality apartment asset in one of Los Angeles' most coveted rental markets. With stable in-place income, rental upside potential, and exceptional Westside location fundamentals, the property is well-positioned for long-term income growth and appreciation.
Investment highlights
- Beautifully maintained 9 unit apartment building situated in a Prime Mar Vista location.
- Excellent mix of units consisting of Seven 1 Bedroom + 1 Bath Units and Two 2 Bedroom + 2 Bath Units
- Significant upside potential - several units are rented at below market rates.
- Just a short distance to Washington Boulevard & Venice Blvd. dining, retail, and lifestyle amenities
- Highly desirable Westside Los Angeles location near Silicon Beach and Culver City
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