Active

12012 Washington Place

Los Angeles, CA 90066
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Bed 12

Bed

Bath 0

Bath

SqFt7,249

Sqft

SqFt7,507

Sqft(Lot)

$100K Price reduction !!! Invested almost $600K to upgrade 8 Unit out of 10 Unit. ( Kitchen, bathroom and windows , electric panel, earthquake retrofitting, interior & exterior paint, security camera.... 10 units apartments building at heart of Palms-Mar Vista. Unit mix of (2) studio, (5) 1+1, and (3) 2+1. 6 covered parking . Exiting Storage can be converted to extra parking space. Community laundry room. Best location !!! 8 minutes to Venice pier, 2 minutes to 405 Fwy. Showing available 2 units as sample ( 2+1 and 1+1 ) due to vacant. Don't miss this rare investment opportunity with about 48% rental upside. Great potential for new owner !!!!!

Detail Ic Property Details

Property Type : Residential Income

Price : $3,090,000

AD Id : 75937562

MLS Id : 26660845

Beds : 12

Lot Size : 7,507 Sqft

Living Area Size : 7,249

Year Built : 1951

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 12

    Bathroom Information

    Total Baths: 10 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Disposal
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1951 Building Area Total: 7,249

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1723
  • Lot Size Source: Assessor Lot Size Square Feet: 7507

  • Listing Price Information

    Original List Price: 3,090,000 Listing Contract Date: 2026-03-06
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 4232001014

  • Garage and Parking

    Garage Description: Covered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C13 - Palms - Mar Vista Postal Code Plus 4: 5309 Directions: Washington Place & Inglewood ave Zoning: LAR3 Source Property Type: Residential Income Area: C13 - Palms - Mar Vista
  • Building and Construction

    Property Age: 75 Year Built Source: Vendor Enhanced Total Square Feet Living: 7249 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 $2,100,000 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
3629 Corinth Avenue, Los Angeles, CA, 90066 $2,995,000 5 4 2,891 2,891 SqFt
3660 Purdue Ave, Los Angeles, CA, 90066 $2,375,000 3 2 1,569 1,569 SqFt
11319 Rose Avenue, Los Angeles, CA, 90066 $3,095,000 4 3 2,043 2,043 SqFt
3985 Mclaughlin Avenue, Los Angeles, CA, 90066 $3,895,000 4 4 3,522 3,522 SqFt

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ByOwner last updated this listing 06/13/2026 @ 05:02

MLS: 26660845 LISTED BY: Jae Kang, Bee Investment, Inc. 213-380-8600 SOURCE: CRMLS

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