12420 Greene Avenue, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

12420 Greene Avenue

Los Angeles, CA 90066
16 Beds
13 Baths
7,205 Sq Ft
Built 1959
$1,995,000

Property Overview

**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.

Home Details

Property type
Residential Income
Year built
1959
Living area
7,205 sq ft
Lot size
9,599 sq ft
Stories
2
Days on market
0
MLS status
Active
Zoning
LAR1

Features & Amenities

Appliances

  • Refrigerator

Parking

  • Attached Carport

Community, Schools & Utilities

Utilities

Heating
WallFurnace
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Location & Neighborhood

12420 Greene Avenue

Los Angeles, CA 90066

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Frequently Asked Questions About 12420 Greene Avenue

Property type: Residential Income

The current asking price is $1,995,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 12420 Greene Avenue. Our team will confirm availability and timing.
This 16 bedrooms and 13 bathrooms property offers approximately 7,205 square feet of living space. It was built in 1959. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

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Listing Agent

Name: David Miller
MLS ID: CLW-C133782

Available property

$1,995,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.