12400 Mitchell

Los Angeles, CA, 90066
For Sale $1,795,000
  • 0.11acre
Presenting 12400 Mitchell Avenue, a well-located 7-unit multifamily investment in the heart of Mar Vista. This prime Westside multifamily asset is positioned at the intersection of Mitchell Avenue and Centinela, offering excellent visibility in a transit-oriented location. With an attractive and diverse unit mix of three (3) two-bedrooms and four (4) 1-bedrooms, the property is currently achieving solid rents averaging approximately $1,805 per month, with an estimated 40% rental upside from current to market. Delivered with a vacant 1-bedroom in leasable condition (projected at $2,300/month), new ownership may immediately implement a value-add strategy to capture additional income. The building has already completed the required Los Angeles Seismic Retrofit. Ideally situated in one of LA’s most desirable Westside rental submarkets, the property benefits from strong renter demand, walkability to popular dining and retail along Venice Boulevard, and close proximity to major employment hubs in Culver City, Venice, Santa Monica, West LA and Playa Vista.

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Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Everett Wong with Greysteel California, Inc.
(310) 439-5794
12400 Mitchell is a Residential Income Mixed Use property located in Los Angeles, California, featuring a 0.113 acre lot, MLS #PW25198836.

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Data last modified: 2025-09-04 16:21:52