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12231 Pacific Ave, Los Angeles, CA, 90066

16beds
13baths
6,950sqft
$1,950,000
$281price/sqft
$12,605/moest. monthly cost
$504,200/yrincome needed

About This Home

We are pleased to exclusively offer this A+ location 7-unit multifamily property located at 12231 Pacific Avenue in the heart of Mar Vista. The 6,950 square foot building features a well-designed unit mix of (5) 2-bedroom, 2-bathroom unit and (2) 3-bedroom, 2-bathroom units. This asset presents a unique opportunity for the right investor to implement a value-add business plan. . 12 parking spaces and laundry room in complex with potential for increased revenue.

Getting Around

87
WalkingVery Walkable
50
TransitGood Transit
91
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 1963

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 16

Property

Lot

  • Lot size: 7,501 sqft

Parking

  • Total spaces: 12
  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,860$118,320
Home Insurance *$167$2,004
Property Taxes $1,088$13,056
Electricity $1,490$17,884
Total$12,605$151,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$432,171/yr
40% on housing$378,150/yr
45% on housing$336,133/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 90066$891
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90066$1,163
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentRaisa Lobo
BrokerageCompass

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