About 12717 Matteson Avenue
This 9 unit gem is in the very desirable Mar Vista neighborhood. The family has owned this property since 1989 and is retiring from the business. It has a desirable unit mix consisting of (1) 3br/2ba (to be delivered vacant); (2) 2BR/2BA;(2) 2br/1ba: and (4) 1br/1ba units. There is 44% rental upside and with current cap of 4.89% and pro-forma cap of 8.39%, the path to profitability is clear. The property is well maintained with recently rebuilt deck, railing & stairs, 2 re-habbed units and an Environmental clearance report issued in May 2026. The Seismic retrofit has been completed. There are 7 on-site parking spaces and storage units for the tenants.
Features of 12717 Matteson Avenue
| MLS® # | 26855837 |
|---|---|
| Price | $2,100,000 |
| Bedrooms | 15 |
| Bathrooms | 12.00 |
| Square Footage | 6,830 |
| Lot Size | 7,107 |
| Year Built | 1964 |
| Type | Residential Income |
| Style | Mid-Century Modern |
| Status | Pending |
| # Of Units | 9 |
Community Information
| Address | 12717 Matteson Avenue |
|---|---|
| Area | C13 - Palms - Mar Vista |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90066 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Parking | Attached Carport, Assigned |
| Garages | Attached Carport, Assigned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Disposal |
|---|---|
| Heating | Natural Gas |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | July 7th, 2026 |
|---|---|
| Days on Market | 16 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Keith Moret |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |