12717 Matteson Ave Los Angeles, CA 90066 Active

UPDATED: 11/21/2025 07:06 AM ON MARKET: 11 days on market

$2,100,000

15 Beds14 Baths6,830 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,830 sqft

Price per Sqft $307

MLS Listing ID 25619125

Bedrooms 15

Year Built 1964

Lot Size 7,107 Sqft

Acres 0.1632

Property Sub-Type Multi-Family

Property Description

First time on the market in 36 years! This 9-unit property presents an incredible opportunity to add value to a very desirable asset in a premium location. Built in 1964, the structure totals 6,830 SF situated on a 7,105 SF lot. The unit mix consists of (1) 3Bed/2Bath, (2) 2Bed/2Bath, (2) 2Bed/1Bath and (4) 1Bed/1Bath units. There are 10 parking spaces. The property has been professionally managed for years and offers 60% rental upside. The Pro Forma Cap Rate is 8.77% and Pro Forma GRM is 7.35.The asking price for this asset is $2,100,000 which represents pricing indicators of 3.85% Cap Rate, 11.73 GRM, $233,333 Per Unit and $307.47 Per SF.