Multi-Family for sale in Southern California — $2,100,000. 15 beds · 14 baths · 6,830 sqft. 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…
$2,100,000
12717 Matteson Avenue, Los Angeles, CA 90066
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 updated: July 15, 2026 at 12:14 AM
Listed by: Keith Moret, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS#: 26855837, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
7/07/2026 Source: CRMLS, #26855837 | Listed for sale | $2,100,000$307/sqft |
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