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$1,995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 16 Total Beds
  • Updated 2 hours ago
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**Seller Financing Available at competitive rates and terms! ** 12420 Greene Avenue is a 12-unit apartment building in the Del Rey pocket of Mar Vista, one of the Westside's most supply-constrained rental markets. The two-story courtyard building, built in 1959, totals approximately 7 ,205 square feet on a 9,599 square foot LAR1 lot just off Culver Boulevard, minutes from Playa Vista, Culver City and Venice.Offered at $1,995,000, just $166,250 per unit, $277 per building square foot and about $208 per land square foot, this 12-unit building is being sold at land value. In-place rents average $603 per month against projected market rents averaging $2,367. As units turn over, that gap supports a 5.85GRM and 13.71% cap rate at market rents. Seller financing is available at below-market rates and terms.

Full Property Details for 12420 Greene Ave

General

  • Price: $1,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26999959
  • Updated: Today (10/12/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 13

Bedrooms

  • Total Bedrooms: 16

Additional Information

  • Other Features: None

Parking

  • Garage Description: Carport Attached

Location

  • Area: Marina Del Rey
  • County: Los Angeles
  • Driving Directions: West of South Centinela Avenue and Greene Avenue Del Rey / Mar Vista

Heating & Cooling

  • Cooling Type: Ceiling Fan
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 7,205
  • Sq. Ft. Source: Assessor
  • Year Built: 1959
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 12
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21

Unit 1

  • Total Bathrooms: 1

Unit 2

  • Total Bathrooms: 1

Unit 3

  • Total Bathrooms: 1

Unit 4

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 8

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 11

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 12

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.2204
  • Lot Size: 9599
  • Lot Size Source: Assessor
  • Zoning: LAR1

Financial Considerations

  • Price Per Sq. Ft.: $276.89
  • Assessment Year: 1959

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 4223-030-044

Listed by Miller & Desatnik Realty Co., David Miller

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Listing agent

— 12420 Greene Ave —

  • David Miller

    Miller & Desatnik Realty Co.

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 12420 Greene Ave

School District:Los Angeles Unified School District
NameGradesDistance
Short Avenue Elementary School
12814 Maxella Avenue, Los Angeles, CA 90066
K-60.6 mi
Venice Senior High School
13000 Venice Boulevard, Los Angeles, CA 90066
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12420 Greene Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/12/2026
Listed
$1,995,000
-9.32%
MLS
7/05/2021
Sold
$2,200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12420 Greene Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,177
—
$2,381,349
2%
2025
$29,177
3%
$2,334,657
-32%
2023
$28,249
47%
$3,427,600
123%
2022
$19,198
1%
$1,533,647
63%
2021
$18,936
52%
$942,534
1%
2020
$12,454
4%
$932,874
2%
2019
$11,999
1%
$914,192
2%
2018
$11,832
2%
$896,268
2%
2017
$11,550
3%
$878,696
2%
2016
$11,226
1%
$861,468
2%
2015
$11,074
-1%
$848,528
2%
2014
$11,188
—
$831,908
—
2013
$11,183
—
$828,150
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Miller & Desatnik Realty Co., David Miller

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12420 Greene Ave, Los Angeles, CA 90066 (MLS# 26999959) is a Multi-Family property with units containing 16 bedrooms and 0 full bathrooms. 12420 Greene Ave is currently listed for $1,995,000 and was received on October 12, 2026. Want to learn more about 12420 Greene Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

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