Listing provided courtesy of Keith Moret of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-07-22 08:11:05.000000. Listing information © 2026 Sandicor.
Asking Price: $2,100,000 |
12717 Matteson, Los Angeles CA 90066
Community: C13 - Palms - Mar Vista
This property was built in 1964 and is priced at $2,100,000. Please see the additional details below.
This 9 unit gem is in the very desirable Mar Vista neighborhood. The family has owned this property since 1989 and is retiring from the business. It has a desirable unit mix consisting of (1) 3br/2ba (to be delivered vacant); (2) 2BR/2BA;(2) 2br/1ba: and (4) 1br/1ba units. There is 44% rental upside and with current cap of 4.89% and pro-forma cap of 8.39%, the path to profitability is clear. The property is well maintained with recently rebuilt deck, railing & stairs, 2 re-habbed units and an Environmental clearance report issued in May 2026. The Seismic retrofit has been completed. There are 7 on-site parking spaces and storage units for the tenants.









