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12420 Greene Ave, Los Angeles, CA 90066
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12420 Greene Ave Los Angeles, CA 90066

$3,999,999
  • 16 Beds
  • 13 Baths
  • 7,205 Sq.Ft.
For Sale
$3,999,999 Get Pre-Qualified
Map preview of 12420 Greene Ave, Los Angeles, CA 90066

Property Overview: 12420 Greene Ave Los Angeles, CA has 16 bedrooms, 13 bathrooms, 7,205 living square feet and 9,599 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Perfect opportunity to own a Del Rey multi-unit building with huge upside potential. 12 apartments (9 units / 3 guest units) completely occupied with lots of parking close to LAX, Westside Beaches, Loyola Marymount University, Playa Vista, Santa Monica and Marina del Rey neighborhoods.

Listed by Justin Pace | BRE #01974699 | Exclusive Realty Inc
Last checked: 14 minutes ago | Last updated: April 4th, 2024 | Source CRMLS | DOM: 200
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Home details

Lot Sq. Ft
9,599
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23315866
City
Los Angeles
County
Los Angeles
Time on Site
206 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $709
  • Total Rent: $3,545
  • Pro Forma/Market Rent: $3,545
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $599
  • Total Rent: $1,797
  • Pro Forma/Market Rent: $1,797
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $536
  • Total Rent: $1,608
  • Pro Forma/Market Rent: $1,608
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $287
  • Total Rent: $287
  • Pro Forma/Market Rent: $287
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 1.01%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $21,987
  • Gross Operating Income: $86,844
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 12420 Greene Ave

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Property Details for 12420 Greene Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
Kitchen Information
  • Has Appliances
Interior Features
  • Ceiling Fan(s)
  • Levels: Multi/Split, Two
  • Security Features: Automatic Gate, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Rolled/Hot Mop
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 18
  • Has Parking
  • Parking Features: Carport, Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 12
  • Parcel Number: 4223030044
  • Property Condition: Fixer, Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Centinella Ave to Greene Ave
View more facts & features

Local Los Angeles Agent

Sale History for 12420 Greene Ave

Last sold for $2,171,000 on January 20th, 2022

  • October, 2023

  • Oct 3, 2023

    Date

    Active

    CRMLS: 23315866

    $3,999,999

    Price

  • June, 2021

  • Jun 8, 2021

    Date

    Active Under Contract

    CRMLS: 21688038

    $4,000,000

    Price

  • Apr 29, 2021

    Date

    Active

    CRMLS: 21688038

    $4,000,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own a Del Rey multi-unit building within short distance to LAX, Loyola Marymount University, Playa Vista, Santa Monica and Marina del Rey neighborhoods. Tremendous upside potential with 12 apartments (9 units / 3 guest units) completely occupied with lots of parking

  • December, 2010

  • Dec 29, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 1993

  • Dec 30, 1993

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

Show More

Tax History for 12420 Greene Ave

Assessed Value (2020): $932,874
Year Land Value Improved Value Assessed Value
2020 $466,237 $466,637 $932,874

Home Value Compared to the Market

This property vs the competition

12420 Greene Ave is listed 220.26% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $555.17 per/sqft which puts the price per square foot 28.09% lower than the median price per square foot for the city of Los Angeles.

About 12420 Greene Ave

Detailed summary of property

12420 Greene Ave is a multi family located in Los Angeles, CA 90066 and is currently for sale. This multi family property offers 16 bedrooms, 13 bathrooms, roughly 7,205 living square feet, and sits on an approximately 9,599 square foot lot. 12420 Greene Ave was first listed on ArdentRealEstateGroup.com on October 4, 2023. The homeowner is currently asking $3,999,999. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 220.26% higher than the median priced home. Local competing homes currently for sale include 3766 S Canfield Ave, 9240 W National Blvd and 3126 S Canfield Ave. While the average home in Los Angeles, CA is selling in 97 days, 12420 Greene Ave has a days on market of 200 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 12420 Greene 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 12420 Greene Ave

Public county record property details
Beds
16
Baths
13
Year built
1959
Sq. Ft.
7,205
Lot Size
9,599
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
72,73
APN
4223-030-044

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
$2,100,000
Median List Price/Sq.Ft.
$1,002
Median Sold Price
$1,925,000
Median Sold Price/Sq.Ft.
$1,050
Total Inventory
112
Median Sale to List Price %
104.05%
Avg Days on Market
27
Loan Type
Conventional (17.39%), FHA (0%), VA (0%), Cash (0%), Other (13.04%)

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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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