12412 Pacific Avenue
Los Angeles, CA, 90066 $ 7,300,000
Bedrooms12 Baths24.0 Sq 10,540 Monthly Estimate*
$ 50,993
Listed by Sotheby's International Realty
for $7,300,000 with 12 bedrooms and 24 full baths. This 10,540 square foot home was built in 2011 on a lot size of 0.1791.
First time on the Market! Located in the heart of Mar Vista, well known as one of the most upcoming and trendy areas on the West Side. 12412 Pacific Avenue is a 12 unit, relatively new apartment building built to the highest standards in 2011. 100% occupied, Pacific Avenue has large one bedroom and 1+1/1/2-bathroom townhome style units. Ten units have a bedroom and master bathroom on the second floor, with the living room, kitchen, and half bath on the third floor. Secured entrance assigned parking is conveniently located in the building. All units have an oversized, private rooftop deck accessible through a third story staircase. Unit amenities include laundry washer/dryer in all units. All units have very rare Private Rooftop Decks. Qortstone Countertops and Hardwood Floors Stainless Steel Appliances: Gas Stove/Range, Fridge, Dishwasher, Microwave Cable ready Dual pane windows, mirrored closets, central air, and air conditioning. The living rooms feature hardwood floors while the bathrooms feature modern, ceramic tile flooring. Perfectly located near Silicone Beach, Venice Pier and Boardwalk, Santa Monica, Century City and Culver City and other beach cities that are easily accessible. Transportation options are endless when you are so close by the MTA Expo Line and the BLUE BUS. Not to mention how easy it is to access 10 FWY and 405 FWY to go to and from the property. This city serves as a host to several great events such as Street Food Chic, Culver City Annual Holiday Art Show, Hoops for Heroes, and the Farmers Market. Mar Vista was featured in the L.A.'s Times as an awesome city catering to many new businesses ranging from popular Coffee Roasters, great delicious restaurants, or skip to the next beach city with a quick commute. Endless options to this great location!
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FeaturesGeneralSewer Other
Heating Central
Cooling CentralAir
Possession CloseOfEscrow
Appliances Dishwasher GasCooktop Disposal GasOven GasRange Oven Range Refrigerator RangeHood VentedExhaustFan Dryer Washer
Zoning LAR3
Garage Spaces 12.0
Patio/Porch Features Rooftop
Architectural Style Contemporary
Security Features CarbonMonoxideDetectors FireDetectionSystem SecurityGate GatedCommunity SmokeDetectors
Year Built 2011
Tenant Pays Electricity Gas
View CityLights Coastline Hills Mountains Panoramic
Levels ThreeOrMore
Gross Income 366300.0
Community Features Gated
County Los Angeles
Net Operating Income 150155.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage Y
Facing Direction North
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Venice Blvd to Centinela to Pacific Ave
City Los Angeles
Entry Location Ground Level w/steps
View Y/N Y
Senior Community Y/N N
Total Units 12
MLS Area C13 - Palms - Mar Vista
Lot Size Square Feet 7802.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Pacific
Listing Terms Contract
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 351
Standard Status Active
Occupancy Description Tenant
Cap Rate 3.0
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InteriorFlooring Wood
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features DoublePaneWindows
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Laundry Features Stacked
Total Bedrooms 12
Electric On Property Y/N N
Total Baths 24
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ExteriorParking Features Assigned Concrete Driveway ElectricGate Garage GarageDoorOpener Gated Private SideBySide
Water Source Public
Total Parking 12.0
Lot Size Area 7802.0
Number of Buildings 1
Spa N
Building Area Total 10540.0
Lot Dimensions 62x128
Lot Size Acres 0.1791
Lot Size Units SquareFeet
Number of Separate Water Meters 12
Number of Separate Gas Meters 12
Number of Separate Electric Meters 12
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList BySotheby's International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $50,993
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,994,800
Percent of Sale Price 73%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
12/9/2023 | $7,300,000 | | Listed Price |