12731 Mitchell Ave

Property Overview

Offered for the first time in more than 15 years, 12731 Mitchell Ave is a nine-unit apartment property in Mar Vista priced at $3,125,000. The unit mix includes four two-bedroom, two-bath residences and five one-bedroom, one-bath residences. Built in 1971, the property totals approximately 7,104 square feet on a 7,588 square foot lot. A seismic retrofit has been completed, major roof improvements were made in 2025, and plumbing is predominantly copper. Most units have updated interiors and private balconies or patios. Gated semi-subterranean parking, additional rear parking and on-site laundry round out the offering.

Investment Highlights

• $3,125,000 asking price; $347,222 per unit and $439.89 per building SF.
• First time offered in more than 15 years.
• Four two-bedroom, two-bath units and five one-bedroom, one-bath units.
• Completed seismic retrofit and major roof improvements in 2025.
• Most residences feature private balconies or patios; select units have upgraded interiors.
• Gated semi-subterranean and rear parking, predominantly copper plumbing and on-site laundry.

Neighborhood

Located just north of Washington Boulevard in Mar Vista, the property is near neighborhood dining and retail, the Mar Vista Farmers Market, Venice and Marina del Rey. Washington Boulevard connects the area with Downtown Culver City and the Metro E Line.