12420 Greene Avenue

Los Angeles, CA 90066

$3,999,999
Price
16
Beds
13
Baths
7,205 Sq. Ft.
$555 / Sq. Ft.
7,205
Sq. Ft.
$555
per Sq. Ft.

Description

Perfect opportunity to own a Del Rey multi-unit building with huge upside potential. 12 apartments (9 units / 3 guest units) completely occupied with lots of parking close to LAX, Westside Beaches, Loyola Marymount University, Playa Vista, Santa Monica and Marina del Rey neighborhoods.Perfect opportunity to own a Del Rey multi-unit building with huge upside potential. 12 apartments (9 units / 3 guest units) completely occupied with lots of parking close to LAX, Westside Beaches, Loyola Marymount University, Playa Vista, Santa Monica and Marina del Rey neighborhoods.
  1. Listed by Justin Pace • DRE #01974699 • Brokerage DRE #01010733 • Exclusive Realty Inc

Property Details for 12420 Greene Avenue

Zoning
LAR1
Cross Streets
Centinella Ave
Parcel Number
4223030044
Total Units
12.0
Living Area
7205
Source Living Area
Vendor Enhanced
Area
Marina Del Rey (C12)
Vacancy Rate
0

Location

Listing Courtesy of Exclusive Realty Inc, Justin Pace, DRE #01974699
Add your commute
LISTING UPDATED: 04/03/2024 06:54 PM

Property Details for 12420 Greene Avenue

StatusActive
MLS #23-315866
Days on Market210
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.22 AC / 9,599 SF
CountyLos Angeles County

Location

Listing Courtesy of Exclusive Realty Inc, Justin Pace, DRE #01974699
Add your commute

Building Information for 12420 Greene Avenue

Stories2Residences-Year Built1959Building Size-Lot Size0.22 AC / 9,599 SF

Payment Calculator

$24,184 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,830

Property Taxes

$2,354

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12420 Greene Avenue

Community / Development
Community / Development
  • Number Of Units: 12
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: Yes
  • View Description: City
  • View: City Lights
  • Security Features: Automatic Gate, Smoke Detector
  • Direction Faces: North
  • Property Condition: Fixer, Repair Cosmetic
  • Water: Meter on Property
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: No
  • Water Heater Features: Central Water Heater, Gas
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $86,844
  • Net Operating Income: $21,987.00
  • Gross Income: $86,844
  • Cap Rate: 1.01%
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $86,844.00
  • Actual Gross Annual Income: $86,844
  • Actual Rent Total: $86,844.00
  • Owner Pays: Water, Other, Gas, Electricity
  • Total Annual Expense: 64857
Land / Lot Info
Land / Lot Info
  • Alley: No
  • Lot Acreage: 0.2204
  • Lot Size Square Feet: 9599
  • Lot Description: Automatic Gate, Fenced
Parking Details
Parking Details
  • Parking Garage: Carport, Assigned
  • Total Parking: 18
  • Covered Parking: 7
  • Carport Spaces Total: 3
  • Parking Features: Carport, Assigned
Interior Features
Interior Features
  • Levels: Multi/Split, Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Carpet, Linoleum
  • Equipment: Ceiling Fan, Hood Fan
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Composition, Rolled/Hot Mop
  • Entry Location: Ground Level - no steps
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-04-2023
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $287.00
  • Unit Actual Rent: $287.00
  • Unit Projected Rent: $287.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $709.00
  • Unit Actual Rent: $3,545.00
  • Unit Projected Rent: $3,545.00
  • Like Units: 5
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $599.00
  • Unit Actual Rent: $1,797.00
  • Unit Projected Rent: $1,797.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $536.00
  • Unit Actual Rent: $1,608.00
  • Unit Projected Rent: $1,608.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $461,046.00
  • Assessed Improvement Percent: 30.07
  • Assessed Land Value: $1,072,201.00
  • Assessed Land Percent: 69.93
  • Assessed Total Value: $1,533,247.00

Property History for 12420 Greene Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12420 Greene Avenue

Taxable ValueLand$2,244,000Additions$1,183,600Total$3,427,600
Tax Record2023$28,249 ($2,354 / month)
Home Facts
Total Finished SqFt7,205 SqFtAbove Grade Finished SqFt7,205 SqFtLot Size9,599 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLAR1CountyLOS ANGELESAPN4223-030-044

Schools near 12420 Greene Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Short Avenue Elementary School
PublicK to 6

Marina Del Rey Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

12420 Greene Avenue is a multi-family home for sale in Los Angeles, CA 90066. This property was listed for sale on October 3, 2023 by Exclusive Realty Inc, it's currently listed at $3,999,999. It has been on the market for a total of 210 days and was last sold on January 20, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Short Avenue Elementary School, Marina Del Rey Middle School and Venice Senior High School. 12420 Greene Avenue is a 16-bed, 13-bath, 7,205 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exclusive Realty Inc, Justin Pace, DRE #01974699

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.