Listed price in listed location currency (USD).
$1,995,000

16130

MLS® 26999959

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 7205 sqft
Garage 
Taxes 
Days Active 0
Lot Size 0.2204 Acres
Approx. Age 1959
Avg. Price Per Sqft $276
MLS® Number 26999959

Property Address: 12420 Greene Ave, Los Angeles, CA, 90066-6234

Average square foot calculated using Size range provided by listing agent.

Description

**Seller Financing Available at competitive rates and terms! ** 12420 Greene Avenue is a 12-unit apartment building in the Del Rey pocket of Mar Vista, one of the Westside's most supply-constrained rental markets. The two-story courtyard building, built in 1959, totals approximately 7 , 205 square feet on a 9, 599 square foot LAR1 lot just off Culver Boulevard, minutes from Playa Vista, Culver City and Venice.Offered at $1, 995, 000, just $166, 250 per unit, $277 per building square foot and about $208 per land square foot, this 12-unit building is being sold at land value. In-place rents average $603 per month against projected market rents averaging $2, 367. As units turn over, that gap supports a 5.85GRM and 13.71% cap rate at market rents. Seller financing is available at below-market rates and terms.
MLS® Number26999959
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1959
Basement
DrivewayAttached Carport
Garage Spaces
HeatWall Furnace
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 12, 2026List Date
$1,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
12420 Greene Ave, Los Angeles, CA

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