13-Unit Remodeled Apartment
For Sale
Contact for pricing
12240 Pacific Ave, Los Angeles, CA 90066
Remodeled multifamily property with varied unit layouts, in-unit laundry, upgraded kitchens and renovated bathrooms throughout.
Property Size7,108 SF
Lot Size0.17 Acres
Days on Market143
Property Features for 12240 Pacific Ave
General Information
Standard status
Active
Size
7,108 SF
Lot size
0.17 Acres
Property subtype
Multifamily
Units
Unit Mix
2 x 2BR/2BA, 7 x 1BR/1BA, 4 x studio
Multifamily Units
13
Additional Details
Cap Rate
5.29%
Amenities
in-unit washer/dryers
high-speed internet
instant hot water
Building Details
Buildings
1
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 425-9838
Listed By:
Brett Lyon · License #CA 01717818
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 2:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
Located at 12240 Pacific Ave in Los Angeles, this 13-unit apartment property contains 7,108 SF on a 7,500 SF lot. The unit mix includes two 2-bed/2-bath apartments, seven 1-bed/1-bath apartments, and four studios. Recent improvements include in-unit washer/dryers, waterproof wood plank flooring, stainless steel kitchen appliances, quartz countertops, soft-close cabinetry, subway tile backsplashes, farmhouse sinks, and remodeled bathrooms with slab quartz tub surrounds. Interior upgrades also include LED lighting, instant hot water, and high-speed internet throughout the units.
The property is in the Mar Vista submarket on Los Angeles’ Westside, with nearby access to Venice, Culver City, and Santa Monica. Rose Avenue and Abbot Kinney Boulevard retail corridors are also located a short distance away. The property is currently stabilizing at a 5.29% CAP rate.
The property is in the Mar Vista submarket on Los Angeles’ Westside, with nearby access to Venice, Culver City, and Santa Monica. Rose Avenue and Abbot Kinney Boulevard retail corridors are also located a short distance away. The property is currently stabilizing at a 5.29% CAP rate.
Key Highlights
- 13‑unit apartment building on a 7,500 SF lot
- 7,108 SF building with two 2‑bed/2‑bath, seven 1‑bed/1‑bath, and four studio units
- Renovated interiors with quartz countertops, soft‑close cabinets, and stainless steel appliances
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
2,312
Businesses Nearby
Explore this area
Business Placement
Demographics for 90066, CA
55,304
Population
26,591
Households
2.1
Avg Household Size
38
Median Age
61%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
11,522
Density / Sq Mi
$107,786
Median Household Income
$67,298
Median Earnings
$2,211
Median Rent
$1,636,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Remodeled multifamily property with varied unit layouts, in-unit laundry, upgraded kitchens and renovated bathrooms throughout.
Where is this apartment building located?
The property is located at 12240 Pacific Ave Los Angeles, CA.
What are key features of this property?
This property features: 13‑unit apartment building on a 7,500 SF lot; 7,108 SF building with two 2‑bed/2‑bath, seven 1‑bed/1‑bath, and four studio units; Renovated interiors with quartz countertops, soft‑close cabinets, and stainless steel appliances
