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12-Unit Courtyard Apartment Building
New
For Sale
$1,995,000

12420 Greene Ave, Los Angeles, CA 90066

A two-story courtyard layout occupies an LAR1-zoned parcel in Los Angeles.

Property Size7,205 SF
Lot Size0.22 Acres
Price / SF$276.89
Days on Market5

Property Features for 12420 Greene Ave

General Information

Standard status Active
Size 7,205 SF
Lot size 0.22 Acres
Property subtype MULTI_FAMILY
Zoning LAR1

Financials

Asking Price $1,995,000
Average Monthly Rent $603

Additional Details

Multifamily Units 12

Building Details

Building Size 7,205 SF
Year Built 1959
Buildings 1
Stories 2
Listing Agency: Miller & Desatnik Realty Co.
Listed By: David Miller · License #02105346
Source: Milsteinestates
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 14 at 9:00PM

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 Miller & Desatnik Realty Co.

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Investment Insights

Based on property information with market context.

This 12-unit apartment property is arranged across two stories around a courtyard. Built in 1959, the building contains approximately 7,205 square feet on a 9,599-square-foot LAR1 lot. Seller financing is available.

The property is in the Del Rey area of Mar Vista, just off Culver Boulevard. Playa Vista, Culver City and Venice are nearby. At market rents, the property is projected at a 5.85 GRM and a 13.71% cap rate.

Key Highlights

  • 12‑unit apartment building
  • Two‑story courtyard configuration
  • Built in 1959; approximately 7,205 square feet

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

1,477
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A two-story courtyard layout occupies an LAR1-zoned parcel in Los Angeles.
Where is this apartment building located?
The property is located at 12420 Greene Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 12‑unit apartment building; Two‑story courtyard configuration; Built in 1959; approximately 7,205 square feet
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