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12718 Mitchell Ave, Los Angeles, CA, 90066

$2,850,000

11 Bedrooms
11 Baths
7,935 SqFt
$359/SqFt
House

Location

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Property Highlights

Home TypeOther
ParkingCovered, Door-Multi, Driveway, Garage
Garage3 spaces
Year Built1971
HeatingWall Furnace
CoolingNone
MLS #24465101
Lot Size0.16 Acres
StatusActive

About 12718 Mitchell Ave

$50,000 Price Reduction! 12718 Mitchell Ave is a well-maintained nine-unit apartment building situated in a prime area of Mar Vista. It is conveniently located just one block north of Washington Boulevard and three blocks west of Centinela Avenue, making it close to both Culver City and Marina Del Rey. Built in 1971, the building features a wood frame and stucco construction. The unit mix consists of seven spacious one-bedroom, one-bathroom apartments and two large two-bedroom, two-bathroom apartments. With tenant turnover and updates to modern standards, the rental income could potentially increase by approximately 24%. The property offers on-site laundry facilities, a three-car garage, three parking spaces in front, and six additional spaces in the alleyway. Please note that the mandatory soft-story earthquake retrofit has not yet been completed.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 0
  • Living Area: 7,935 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Benjamin Lewin

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Covered, Door-Multi, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: North of Washington Blvd and west of Centinela Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,850,000
  • Price Per SqFt: $359/SqFt

Tax Information:

  • Annual Amount: $34,686
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

12718 Mitchell Ave vs Los Angeles

32 DAYS ON ROCKET

-6 Days

$2,850,000

+$1.8M More

$359/SqFt

-$281 Less

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $281/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24465101

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Benjamin Lewin

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 2:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 19, 2018Home Sold
$2,760,000

Tax History

YEARPROP. TAXASSESSMENT
2021$34,686$2,844,364
2020$33,672$2,815,200
2019$26,806$2,760,000
2018$26,193$2,154,737
2017$26,193$2,112,489

History based on county public records data.

Payment Calculator

$14.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,611

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-852705
5
/10
  • Grand View Boulevard Elementary School

  • 3951 Grand View Blvd

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-852706
7
/10
  • Short Avenue Elementary

  • 12814 Maxella Ave

  • 0.49 miles

  • Public District Grades KG-6

school-card-donut-852707
5
/10
  • Beethoven Street Elementary School

  • 3711 Beethoven St

  • 0.53 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,529. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12718 Mitchell Ave

What is the listing price of this property?

The listing price of 12718 Mitchell Ave property is $2,850,000.

What type of property is this?

The property 12718 Mitchell Ave is a house located in Los Angeles, California, 90066.

Is this property for sale now?

Active Listing: 12718 Mitchell Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $34,686 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 19, 2018 for $2,760,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12718 Mitchell Ave has 11 bedrooms and 11 bathrooms.

What is the square footage of this property?

The property 12718 Mitchell Ave is 7,935 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12718 Mitchell Ave is 1971.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles9006612718 Mitchell Ave

This home is located at 12718 Mitchell Ave in Los Angeles, CA and zip code 90066 in the Del Mar neighborhood. This 7,935 square foot home, which was built in 1971, sits on a 0.16 acre lot. Features: 11 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $2,850,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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