12717 Matteson Avenue, Los Angeles, CA 90066
List Price: $2.1M
Listing Status: Active
0Days on Market: 1
15 Bedrooms · 14 Bathrooms · 6,830 sq ft
Property Type: ResidentialIncome
Year Built: 1964
Lot Size: 7,107 sq ft
MLS Number: 26855837
About This Property
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.
Listing provided by: Keith Moret DRE #01802527 310-425-9838 keith.m@lyonstahl.com, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS #: 26855837
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.