12535 Pacific Ave , Los Angeles, CA 90066
$2,150,000
Est. Payment: $11,299.18/mo
3 Bed
4 Bath
6404 Sqft
0.16 Acres
Status: pending | Days on site: 24
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CLW-X75151 - CLW-C112897,CLW-C139610
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House Description

We are pleased to present 12535 Pacific Avenue, a nine-unit apartment building in Mar Vista. A qualified buyer may assume the existing Chase loan at 4.48%, fixed through 06/01/2029, subject to Chase's approval. Built in 1962, the two-story wood-frame building holds one single, four one-bedroom, one-bath units and four two bedroom, two-bath units in 6,404 square feet on a 6,992-square-foot R3-1 lot, with tuck-under parking. All nine units are registered under the Los Angeles Rent Stabilization Ordinance.The investment case is stabilized income with rent growth as long-term tenancies turn. Four units leased between November 2025 and September 2026 at $1,950 to $2,750 a month, and four tenancies in place since 2014 or earlier hold the building's rent upside. Major building work is already complete: the soft-story retrofit, dual-glazed windows and an earthquake gas shutoff valve.The offering suits 1031 exchange buyers and private investors looking for Westside rentalincome with fixed-rate financing in place, within a short drive of the Playa Vista, Culver City and Santa Monica job centers.The property sits in Mar Vista, one block south of the Venice Boulevard main street and its restaurants and coffee shops. Mitsuwa Marketplace and its food court are 0.26 miles away, the Sunday Mar Vista Farmers Market on Grand View Boulevard 0.33 miles, Vons 0.42 miles and the Mar Vista Branch Library 0.47 miles. Grand View Boulevard Elementary is 0.35 miles away. ZIMAS identifies the property as within half a mile of a High Quality Transit Corridor and a major transit stop. Playa Vista, home to many of Silicon Beach's technology employers, is 2.1 miles away, downtown Culver City 2.84 miles and downtown Santa Monica 3.61 miles, and LAX is 4.5 miles from the property. HUD's 2027 Small Area Fair Market Rents for ZIP 90066 are $2,980 for a one-bedroom and $3,680 for a two-bedroom unit. These ZIP-level voucher payment-standard benchmarks are not unrestricted market rents or a guarantee of achievable rent.

Highlights

Listed by Filip Niculete , 8182122748 and Glen Scher , 818-212-2808 Marcus & Millichap , 818-212-2700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1962

County

Los Angeles

Area

C13 - Palms - Mar Vista

Listing ID

26997097

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4

Exterior Features

Lot:No Land Lease
Lot Dimensions:50x140
Garage Capacity:0
Zoning:LAR3
Others:
  • ▪ Additional:2+ Total Units
Parking Features:One Space
Principal Interest
$11,299
Taxes
$1,371

Home Price

$2,150,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$430,000
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:
$11,299.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,299.18 $1,370.63 $0.00 $12,669.80
Yearly $135,590.11 $16,447.50 $0.00 $152,037.61
Total $4,067,703.21 $493,425.00 $0.00 $4,561,128.21

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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