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12012 Mitchell Ave, Los Angeles, CA 90066
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12012 Mitchell Ave Los Angeles, CA 90066

$2,350,000 Sold Price as of 07/13/2023
  • 10 Beds
  • 8 Baths
  • 5,699 Sq.Ft.
Sold
$2,350,000 Sold Price as of 07/13/2023 Refinance Your Mortgage
Map preview of 12012 Mitchell Ave, Los Angeles, CA 90066

Property Overview: 12012 Mitchell Ave Los Angeles, CA has 10 bedrooms, 8 bathrooms, 5,699 living square feet and 7,675 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 12012 Mitchell Ave, an eight unit apartment building in the prime submarket of Mar Vista in West Los Angeles. The property was built in 1952 with a wood frame and stucco construction. The structure comprises six one-bedroom, one-bathroom units and two two-bedroom, one-bathroom units. There are eight striped parking spaces with rear alley access. There is no soft story retrofit required. Excellent Mar Vista Location - WalkScore.com = 86 - 'Very Walkable -Most errands can be accomplished on foot.' Strong Mix of One and Two Bedroom Units. Eight Parking Spaces - No Soft Story Retrofit Required. First Time on the Market in 70 Years.

Listed by Benjamin Lewin | BRE #02040686 | Marcus & Millichap
Last checked: 9 minutes ago | Last updated: July 13th, 2023 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
7,675
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23251361
City
Los Angeles
County
Los Angeles
Time on Site
420 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,648
  • Total Rent: $1,648
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,695
  • Total Rent: $1,695
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,153
  • Total Rent: $1,153
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,089
  • Total Rent: $1,089
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,195
  • Total Rent: $1,195
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,060
  • Total Rent: $2,060
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.16%
  • Gross Rent Multiplier: 15.88
  • Gross Scheduled Income: --
  • Net Operating Income: $99,754
  • Gross Operating Income: $147,748
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 12012 Mitchell Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Individual Room
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • Total # of Units: 8
  • Parcel Number: 4235029035
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North of Washington Pl & West of Inglewood Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 12012 Mitchell Ave

Last sold for $2,350,000 on July 13th, 2023

  • July, 2023

  • Jul 13, 2023

    Date

    Sold

    CRMLS: 23251361

    $2,350,000

    Price

  • Mar 15, 2023

    Date

    Active

    CRMLS: 23251361

    $2,990,000

    Price

  • October, 2021

  • Oct 14, 2021

    Date

    Withdrawn

    CRMLS: 21783464

    $1,950

    Price

  • Sep 14, 2021

    Date

    Active

    CRMLS: 21783464

    $1,950

    Price

  • Listing provided courtesy of CRMLS

    Welcome home! Lovely upgraded 1 bedroom unit with remodeled kitchen and bathroom and newly re-surfaced wood floors. Extra large bedroom closet with a window A/C, plus extra storage in hallway. A quiet building with unit in the back , off street parking for one car and a laundry room steps away. Close to all, 2 miles to the beach, minutes to both The 405 and The Marina freeway, Restaurants and more.

  • February, 2017

  • Feb 23, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 12012 Mitchell Ave

Assessed Value (2020): $195,210
Year Land Value Improved Value Assessed Value
2020 $68,797 $126,413 $195,210

Home Value Compared to the Market

This property vs the competition

12012 Mitchell Ave sold on July 13, 2023 for 101.66% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $421.08 per/sqft which puts the price per square foot 44.23% lower than the current median sale per square foot for the city of Los Angeles.

About 12012 Mitchell Ave

Detailed summary of property

12012 Mitchell Ave is a multi family that recently sold in Los Angeles, CA 90066. This multi family property offered 10 bedrooms, 8 bathrooms, roughly 5,699 living square feet, and sits on an approximately 7,675 square foot lot. 12012 Mitchell Ave was first listed on ArdentRealEstateGroup.com on March 15, 2023. The homeowner sold the property for $2,350,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 101.66% higher than the current median priced home. Local homes that are currently for sale include 2621 Chariton St, 2615 Chariton St and 1556 S Beverly Glen Blvd. While the average home in Los Angeles, CA is selling in 94 days, 12012 Mitchell Ave has a days on market of 58 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 12012 Mitchell Ave Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12012 Mitchell Ave

Public county record property details
Beds
10
Baths
8
Year built
1952
Sq. Ft.
5,699
Lot Size
7,675
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
78
APN
4235-029-035

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,200,000
Median List Price/Sq.Ft.
$1,009
Median Sold Price
$1,626,261
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
111
Median Sale to List Price %
100.08%
Avg Days on Market
29
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (15.15%), Other (6.06%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 12012 Mitchell Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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