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$ 2,100,000
Est. payment /mo
Active
12717 Matteson Avenue Los Angeles, CA 90066
6,830 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,830 sqft
Price per Sqft $307
MLS Listing ID CL25619125
HOA Y/N No
Year Built 1964
Lot Size 7,107 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
First time on the market in 36 years! This 9-unit property presents an incredible opportunity to add value to a very desirable asset in a premium location. Built in 1964, the structure totals 6,830 SF situated on a 7,105 SF lot. The unit mix consists of (1) 3Bed/2Bath, (2) 2Bed/2Bath, (2) 2Bed/1Bath and (4) 1Bed/1Bath units. There are 10 parking spaces. The property has been professionally managed for years and offers 60% rental upside. The Pro Forma Cap Rate is 8.77% and Pro Forma GRM is 7.35.The asking price for this asset is $2,100,000 which represents pricing indicators of 3.85% Cap Rate, 11.73 GRM, $233,333 Per Unit and $307.47 Per SF.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4236017030
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Keith Moret • Lyon Stahl Investment Real Estate, Inc.