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12717 Matteson Avenue, Los Angeles, CA 90066
12717 Matteson Avenue
Overview
Property ID: HZ25619125
- 15
- 14
- 6830
- 1964
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.
Address
Open on Google Maps- Address Matteson
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90066
Details
Updated on November 21, 2025 at 11:08 am- Property ID: HZ25619125
- Price: $2,100,000
- Property Size: 6830 Sq Ft
- Bedrooms: 15
- Bathrooms: 14
- Year Built: 1964
- Property Status: ResidentialIncome
- Listed by: Keith Moret
- DRE #: 01802527
- Contact Mail: keith.m@lyonstahl.com
- Brokered by: Lyon Stahl Investment Real Estate, Inc.
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