12420 Greene AVE, Los Angeles, CA 90066
12420 Greene AVE, Los Angeles, CA 90066
12420 Greene AVE, Los Angeles, CA 90066
12420 Greene AVE, Los Angeles, CA 90066
12420 Greene AVE, Los Angeles, CA 90066
12420 Greene AVE, Los Angeles, CA 90066
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 1,995,000
Est. payment | /mo

16 Beds

13 Baths

7,205 SqFt

Save
$ 1,995,000
Est. payment | /mo
Save

16 Beds

13 Baths

7,205 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,205 sqft

Price per Sqft $276

MLS Listing ID 26999959

Bedrooms 16

HOA Y/N No

Year Built 1959

Lot Size 9,600 Sqft

Property 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.

Location

State CA

County Los Angeles

Area C12 - Marina Del Rey

Zoning LAR1

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Attached Carport

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4223030044

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Miller Miller & Desatnik Realty Co. #02105346

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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12420 Greene AVE

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