Nest Seekers

12731 Mitchell Ave 14BR La

12731 Mitchell Ave
LOS ANGELES, CA 90066

Listing

Web ID:5755140
Website:https://www.nestseekers.com/5755140
Cross street:NW of Washington & Wade

Property

Ownership: For Sale
Bedrooms: 14 BR
Bathrooms: 13
Area: 7104 sq ft
Lot Size: 0.2 Acres

Financials

Price:$3,125,000

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

12731 Mitchell Ave LOS ANGELES CA 90066 USA

Contact

Beverly Hills, CA
271 North Canon Drive Beverly Hills, CA 90210
Phone: +1 310-278-8861
Fax: +1 310-362-0351
info@nestseekers.com
Listing Courtesy of Realty Investment Advisors, Inc.
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