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12420 Greene Ave , Los Angeles, CA 90066
$1,995,000
Est. Payment: $10,484.58/mo
16 Bed
13 Bath
7205 Sqft
0.22 Acres
Status: active | Days on site: 8
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CLW-L02710 - CLW-C133782
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Chris Heller
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House Description

**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.
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Highlights

Listed by David Miller , 323-948-7507 Miller & Desatnik Realty Co. , 310-202-9166. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.22

Year Built

1959

County

Los Angeles

Area

C12 - Marina Del Rey

Listing ID

26999959

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:16
  • ▪ Bathrooms:13
Appliances:Refrigerator

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LAR1
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Attached Carport
Principal Interest
$10,485
Taxes
$1,272

Home Price

$1,995,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$399,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,484.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,484.58 $1,271.81 $0.00 $11,756.40
Yearly $125,815.01 $15,261.75 $0.00 $141,076.76
Total $3,774,450.19 $457,852.50 $0.00 $4,232,302.69

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T01:31:48.000Z

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