Active

11401 Washington Place

Los Angeles, CA 90066
Mark as Favorite
Bed 13

Bed

Bath 0

Bath

SqFt7,129

Sqft

SqFt7,753

Sqft(Lot)

10-Unit Investment Opportunity in Mar Vista: Well-located Westside apartment asset in one of Los Angeles' most desirable rental markets. Recent System Upgrades: Plumbing and electrical systems were upgraded in 2025. Prime Westside Location: Convenient access to Marina Del Rey, Venice, Santa Monica, Culver City, and Playa Vista, providing tenants with premier dining, entertainment, beach, and lifestyle amenities. Income-Generating Amenities & ADU Potential: 7 garages and on-site laundry facility generate additional income, while the 7,753-SF lot and parking area present desirable opportunity to add ADUs (Buyer to Verify). Strong Cash Flow & Rental Upside: Offering a 5.30% current cap rate and 12.30 GRM with upside to a 7.39% pro-forma cap rate and 9.64 GRM. Attractive Unit Mix: Compris ed of (3) 2-bedroom/1-bathroom units and (7) 1-bedroom/1-bathroom units, including one vacant 1-bedroom unit.Renovated Units: Select units feature hardwood floors, newer windows, quartz countertops, and modern kitchen and bathroom upgrades. Adjacent to Silicon Beach: Close proximity to Sony Pictures, Amazon Studios, Google, Meta, Apple, One Culver, Electronic Arts, Snap, Hulu, and other major Westside employers supporting strong tenant demand.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,795,000

AD Id : 85809617

MLS Id : 26851705

Beds : 13

Lot Size : 7,753 Sqft

Living Area Size : 7,129

Year Built : 1954

Garage : 7

County : Los Angeles

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 13

    Bathroom Information

    Total Baths: 10 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1954 Building Area Total: 7,129
  • Laundry Features

    Laundry Room

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.178
  • Lot Size Source: Other Lot Size Square Feet: 7753

  • Listing Price Information

    Original List Price: 2,795,000 Listing Contract Date: 2026-06-24
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 4214007004

  • Garage and Parking

    Garage Description: Garage

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C13 - Palms - Mar Vista Postal Code Plus 4: 5051 Directions: West of Sawtelle Boulevard, South of Venice Boulevard, North of Washington Boulevard, East of McLaughlin Avenue Zoning: LAR3 Source Property Type: Residential Income Area: C13 - Palms - Mar Vista
  • Building and Construction

    Property Age: 72 Year Built Source: Other Total Square Feet Living: 7129 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4069 Sawtelle Boulevard, Los Angeles, CA, 90066 $1,980,000 5 -- 2,171 2,171 SqFt
11724 Culver Boulevard .., Los Angeles, CA, 90066 $1,796,200 4 3 2,566 2,566 SqFt
4354 Coolidge Avenue, Los Angeles, CA, 90066 $1,449,900 2 1 990 990 SqFt
4051 Minerva Avenue, Los Angeles, CA, 90066 $1,345,000 3 1 1,273 1,273 SqFt
11376 Matteson Avenue, Los Angeles, CA, 90066 $1,649,000 3 3 1,646 1,646 SqFt
11775 Culver Boulevard, Los Angeles, CA, 90066 $1,095,000 6 -- 1,968 1,968 SqFt
5374 S Centinela Avenue, Los Angeles, CA, 90066 $1,199,000 4 1 1,656 1,656 SqFt
4248 Mclaughlin Avenue, Los Angeles, CA, 90066 $2,490,000 4 4 2,982 2,982 SqFt
3629 Corinth Avenue, Los Angeles, CA, 90066 $2,995,000 5 4 2,891 2,891 SqFt
3660 Purdue Ave, Los Angeles, CA, 90066 $2,349,000 3 2 1,569 1,569 SqFt

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ByOwner last updated this listing 06/25/2026 @ 21:23

MLS: 26851705 LISTED BY: Jonathan Nikfarjam, Shield CRE, Inc. 310-593-9869 SOURCE: CRMLS

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