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$1,700,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 12400 Mitchell Ave

General

  • Sold For: $1,700,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW25198836
  • Added to Site: 137 day(s) ago

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 5
  • Parking Features: Attached Carport
  • Parking: Attached Carport

Location

  • Area: C13 - Palms - Mar Vista
  • County: Los Angeles
  • Development Name: C13 - Palms - Mar Vista
  • Driving Directions: On Centinela North of Washington Place

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 7
  • # Electric Meters: 7

Structural Information

  • Entry Location: Ground
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 5,040
  • Year Built: 1957

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1125
  • Lot Size Source: Assessor
  • Zoning: LACR
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $337.3
  • Price Per Unit: 256429

Listed and Sold by Greysteel California, Inc., Everett Wong

Listing agent

— 12400 Mitchell Ave —

  • Everett Wong

    Greysteel California, Inc.

310-382-6705

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12400 Mitchell Ave

School District:Los Angeles Unified School District
NameGradesDistance
Grand View Boulevard Elementary School
3951 Grand View Boulevard, Los Angeles, CA 90066
K-50.2 mi
Mark Twain Middle School and World Languages Magnet
2224 Walgrove Avenue, Los Angeles, CA 90066
6-80.8 mi
Venice Senior High School
13000 Venice Boulevard, Los Angeles, CA 90066
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12400 Mitchell Ave

Date
Details
Price
Change
Source
11/20/2025
Sold
$1,700,000
-5.29%
MLS
9/04/2025
Listed
$1,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Greysteel California, Inc., Everett Wong

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12400 Mitchell Avenue, Los Angeles, CA 90066 (MLS# PW25198836) is a Multi-Family property that was sold at $1,700,000 on November 20, 2025. Want to learn more about 12400 Mitchell Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.