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12-Bedroom Residential Income - 12535 Pacific Avenue, Los Angeles, CA

$2,150,000

12535 Pacific Avenue, Los Angeles, CA

MLS# 26997097

12535 Pacific Avenue, Los Angeles, CA 90066 - $2,150,000 · 12 bd 13 ba Multi-Family Home for Sale, photo 1 12535 Pacific Avenue, Los Angeles, CA 90066 - $2,150,000 · 12 bd 13 ba Multi-Family Home for Sale, photo 2 12535 Pacific Avenue, Los Angeles, CA 90066 - $2,150,000 · 12 bd 13 ba Multi-Family Home for Sale, photo 3 12535 Pacific Avenue, Los Angeles, CA 90066 - $2,150,000 · 12 bd 13 ba Multi-Family Home for Sale, photo 4 12535 Pacific Avenue, Los Angeles, CA 90066 - $2,150,000 · 12 bd 13 ba Multi-Family Home for Sale, photo 5
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Description

We are pleased to present 12535 Pacific Avenue, a nine-unit apartment building in Mar Vista. A qualified buyer may assume the existing Chase loan at 4.48%, fixed through 06/01/2029, subject to Chase's approval. Built in 1962, the two-story wood-frame building holds one single, four one-bedroom, one-bath units and four two bedroom, two-bath units in 6,404 square feet on a 6,992-square-foot R3-1 lot, with tuck-under parking. All nine units are registered under the Los Angeles Rent Stabilization Ordinance.The investment case is stabilized income with rent growth as long-term tenancies turn. Four units leased between November 2025 and September 2026 at $1,950 to $2,750 a month, and four tenancies in place since 2014 or earlier hold the building's rent upside. Major building work is already complete: the soft-story retrofit, dual-glazed windows and an earthquake gas shutoff valve.The offering suits 1031 exchange buyers and private investors looking for Westside rentalincome with fixed-rate financing in place, within a short drive of the Playa Vista, Culver City and Santa Monica job centers.The property sits in Mar Vista, one block south of the Venice Boulevard main street and its restaurants and coffee shops. Mitsuwa Marketplace and its food court are 0.26 miles away, the Sunday Mar Vista Farmers Market on Grand View Boulevard 0.33 miles, Vons 0.42 miles and the Mar Vista Branch Library 0.47 miles. Grand View Boulevard Elementary is 0.35 miles away. ZIMAS identifies the property as within half a mile of a High Quality Transit Corridor and a major transit stop. Playa Vista, home to many of Silicon Beach's technology employers, is 2.1 miles away, downtown Culver City 2.84 miles and downtown Santa Monica 3.61 miles, and LAX is 4.5 miles from the property. HUD's 2027 Small Area Fair Market Rents for ZIP 90066 are $2,980 for a one-bedroom and $3,680 for a two-bedroom unit. These ZIP-level voucher payment-standard benchmarks are not unrestricted market rents or a guarantee of achievable rent.

Property details

Bedrooms
12
Bathrooms
13
Square feet
6,404
Year built
1962
Property type
Residential Income
Lot size
6,994 sqft

Location

12535 Pacific Avenue • Los Angeles, CA 90066

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Listing Agent

Filip Niculete

DRE #: 01905352

Brokerage: Marcus & Millichap

Glen Scher

Co-Listing Agent

DRE #: 01962976

Brokerage: Marcus & Millichap

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CRMLS

MLS# 26997097

Listed: 10/5/2026 7:21 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/13/2026 12:14 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Marcus & Millichap

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715