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12717 Matteson AvenueLos Angeles, CA 90066

For Sale

$2,100,000

Smart Buyer Rebate $21,000

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.

Listed by Keith Moret

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License #01802527

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Lyon Stahl Investment Real Estate, Inc.

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310-563-7144

Listed by Nicholas Ensbury

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License #02012167

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Lyon Stahl Investment Real Estate, Inc.

Last updated November 21, 2025

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Source: CRMLS #25619125

Listing Facts

  • TypeMulti-family
  • NeighborhoodMar Vista
  • Bedrooms15
  • Days on Prevu28
  • Size6,830 sqft
  • Price per sqft$307

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/13/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$2,100,000

Property Details for 12717 Matteson Avenue

Exterior

Construction

  • Number Of Units Total: 9
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1964

Measurements

  • Building Area Total: 6,830
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,107
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,107
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.85
  • Gross Income: $179,051.00

Taxes

  • Parcel Number: 4236017030

Interior

Features

  • Appliances: Disposal

Measurements

  • Living Area: 6,830
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 14
  • Bedrooms Total: 15

Parking

Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Parking Features: Attached Carport
  • Parking Total: 9

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 15 bedrooms in this multi-family home at 12717 Matteson Avenue.

Does this multi-family home have parking?

Yes, there are 9 parking spaces available for 12717 Matteson Avenue.

How does 12717 Matteson Avenue compare to other multi-family homes in Mar Vista?

This multi-family home is listed 27% below the average price for multi-family homes in Mar Vista and has been on the market for 50 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,830 sqft.

12717 Matteson Avenue is a 15-bedroom multi-family home for sale in Los Angeles CA 90066. On Prevu for 28 days at $2,100,000. This home features 6,830 square feet of living space, located in Mar Vista. The median listing price for multi-family homes in this area is $2,300,000. The home offers parking. View other multi-family home listings in Los Angeles.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.