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Listed by: Keith Moret (310) 563-7144 DRE #01802527, Nicholas Ensbury DRE #02012167 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$2,100,000
15 Beds
14 Baths
6,830sqft
12717 Matteson Ave, Los Angeles, CA 90066
$2,100,000
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Multi Family
Built in 1964
$-- HOA
7,107 sqft lot
$307/sq.ft
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.
- Houzeo last checked: 17 Minutes ago
- Listing updated: December 12, 2025 at 7:28 pm
- Source: California Regional MLS-CA | MLS#: 25619125
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1964
HOA Fees
-
Finished Area
6,830 sqft
Lot Size
7,107 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25619125
MLS Status
Pending
Days on Market
36
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