Property Detail

12717 Matteson

Los Angeles CA 90066

$2,100,000

Status: Active

Property Details

Description

This 9 unit gem is in the very desirable Mar Vista neighborhood. The family has owned this property since 1989 and is retiring from the business. It has a desirable unit mix consisting of (1) 3br/2ba (to be delivered vacant); (2) 2BR/2BA;(2) 2br/1ba: and (4) 1br/1ba units. There is 44% rental upside and with current cap of 4.89% and pro-forma cap of 8.39%, the path to profitability is clear. The property is well maintained with recently rebuilt deck, railing & stairs, 2 re-habbed units and an Environmental clearance report issued in May 2026. The Seismic retrofit has been completed. There are 7 on-site parking spaces and storage units for the tenants.

Map Location

Listing provided courtesy of Keith Moret of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-08-16 08:10:59.000000. Listing information © 2026 CRMLS.

The Lineup

The Lineup

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