**Seller Financing Available at competitive rates and terms! ** 12420 Greene Avenue is a 12-unit apartment building in the Del Rey pocket of Mar Vista, one of the Westside's most supply-constrained rental markets. The two-story courtyard building, built in 1959, totals approximately 7 ,205 square feet on a 9,599 square foot LAR1 lot just off Culver Boulevard, minutes from Playa Vista, Culver City and Venice.Offered at $1,995,000, just $166,250 per unit, $277 per building square foot and about $208 per land square foot, this 12-unit building is being sold at land value. In-place rents average $603 per month against projected market rents averaging $2,367. As units turn over, that gap supports a 5.85GRM and 13.71% cap rate at market rents. Seller financing is available at below-market rates and terms.
Details
MLS #
26999959
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1959
Days On Site
8
Listing Provided By
Miller & Desatnik Realty Co. | David Miller
Features
Bed(s)
16
Bath(s)
13
SQ Feet
7,205
Car Port
Yes
Story(s)
2
Units
12
Building(s)
1
Zoning
LAR1
Acreage
0.22
Interior
Heating
Wall Furnace
Heating Yes / No
Yes
Appliances
Refrigerator
Parking
Attached Garage Yes / No
Yes
Parking Features
Attached Carport
Area Information
State
CA
County
Los Angeles
City
Los Angeles
Zip Code
90066
Area
C12 Marina Del Rey
Listing VS Median (in 90066)
Price: $1,995,000
low | high
Med: $1,499,000
74.862155388471% of Average
sqft: 7,205
low | high
Med: 2,010
100% of Average
$ / sqft: $277
low | high
Med: $746
100% of Average
On site: 8
low | high
Med: 19
42.105263157895% of Average
Sourced by Back At You
Market Activity 90066
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 7
Avg $ Per SqFt: $1314.68
Min Sale Price: $1,881,000
Max Sale Price: $4,650,000
Med Sale Price: $2,750,000
Date: Aug 2026
Sales: 10
Avg $ Per SqFt: $1083.98
Min Sale Price: $669,000
Max Sale Price: $4,190,000
Med Sale Price: $1,976,964
Date: Jul 2026
Sales: 22
Avg $ Per SqFt: $1099.24
Min Sale Price: $680,000
Max Sale Price: $4,750,000
Med Sale Price: $2,300,000
Date: Jun 2026
Sales: 33
Avg $ Per SqFt: $1019.57
Min Sale Price: $669,000
Max Sale Price: $4,310,750
Med Sale Price: $1,850,000
Date: May 2026
Sales: 41
Avg $ Per SqFt: $1157.3
Min Sale Price: $685,000
Max Sale Price: $5,399,000
Med Sale Price: $2,298,625
Date: Apr 2026
Sales: 40
Avg $ Per SqFt: $987.63
Min Sale Price: $595,000
Max Sale Price: $5,299,000
Med Sale Price: $2,032,500
Date: Mar 2026
Sales: 37
Avg $ Per SqFt: $1006.16
Min Sale Price: $515,000
Max Sale Price: $6,675,000
Med Sale Price: $1,648,000
Date: Feb 2026
Sales: 23
Avg $ Per SqFt: $1085.16
Min Sale Price: $735,000
Max Sale Price: $7,525,000
Med Sale Price: $1,910,000
Date: Jan 2026
Sales: 27
Avg $ Per SqFt: $979.53
Min Sale Price: $429,000
Max Sale Price: $5,177,500
Med Sale Price: $1,900,000
Date: Dec 2025
Sales: 3
Avg $ Per SqFt: $502.16
Min Sale Price: $693,888
Max Sale Price: $2,000,000
Med Sale Price: $809,000
Date: Nov 2025
Sales: 8
Avg $ Per SqFt: $1623.37
Min Sale Price: $611,500
Max Sale Price: $15,600,000
Med Sale Price: $1,562,500
Date: Oct 2025
Sales: 2
Avg $ Per SqFt: $819.04
Min Sale Price: $770,000
Max Sale Price: $2,250,000
Med Sale Price: $1,510,000
Sourced by Back At You
Sep 2026
Sales:
7
Avg $ Per SqFt:
$1314.68
Min Sale Price:
$1,881,000
Max Sale Price:
$4,650,000
Med Sale Price:
$2,750,000
Aug 2026
Sales:
10
Avg $ Per SqFt:
$1083.98
Min Sale Price:
$669,000
Max Sale Price:
$4,190,000
Med Sale Price:
$1,976,964
Jul 2026
Sales:
22
Avg $ Per SqFt:
$1099.24
Min Sale Price:
$680,000
Max Sale Price:
$4,750,000
Med Sale Price:
$2,300,000
Jun 2026
Sales:
33
Avg $ Per SqFt:
$1019.57
Min Sale Price:
$669,000
Max Sale Price:
$4,310,750
Med Sale Price:
$1,850,000
May 2026
Sales:
41
Avg $ Per SqFt:
$1157.3
Min Sale Price:
$685,000
Max Sale Price:
$5,399,000
Med Sale Price:
$2,298,625
Apr 2026
Sales:
40
Avg $ Per SqFt:
$987.63
Min Sale Price:
$595,000
Max Sale Price:
$5,299,000
Med Sale Price:
$2,032,500
Mar 2026
Sales:
37
Avg $ Per SqFt:
$1006.16
Min Sale Price:
$515,000
Max Sale Price:
$6,675,000
Med Sale Price:
$1,648,000
Feb 2026
Sales:
23
Avg $ Per SqFt:
$1085.16
Min Sale Price:
$735,000
Max Sale Price:
$7,525,000
Med Sale Price:
$1,910,000
Jan 2026
Sales:
27
Avg $ Per SqFt:
$979.53
Min Sale Price:
$429,000
Max Sale Price:
$5,177,500
Med Sale Price:
$1,900,000
Dec 2025
Sales:
3
Avg $ Per SqFt:
$502.16
Min Sale Price:
$693,888
Max Sale Price:
$2,000,000
Med Sale Price:
$809,000
Nov 2025
Sales:
8
Avg $ Per SqFt:
$1623.37
Min Sale Price:
$611,500
Max Sale Price:
$15,600,000
Med Sale Price:
$1,562,500
Oct 2025
Sales:
2
Avg $ Per SqFt:
$819.04
Min Sale Price:
$770,000
Max Sale Price:
$2,250,000
Med Sale Price:
$1,510,000
MLS#: 26999959 Listed By: David Miller - Miller & Desatnik Realty Co. - 3102029166-
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MLS#: 26999959 Listed By: David Miller - Miller & Desatnik Realty Co. - 3102029166-
