12029 Washington Place
Los Angeles, CA 90066
4
Bed
3
Bath
2,336Sqft
5,006Sqft(Lot)
Framed by a charming white picket fence and mature palms, this bright Mar Vista triplex presents a premier Westside investment opportunity with substantial value-add potential. The property features an ideal unit mix consisting of one 2-bedroom home and two 1-bedroom units, complemented by an attached garage generating additional income. Fully occupied and professionally managed, the property offers immediate, stable cash flow with exceptional long-term upside. Current rents sit approximately one-third below market value, representing a projected 52% increase in rental income upon unit turnover. Major capital improvements have already been addressed, including a brand-new main sewer line completed in 2026. Ideally situated just minutes from Silicon Beach, Culver City, coastal beaches, and
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 3 -
Interior Features
Appliances: Dishwasher -
Heating & Cooling
Has Heating: Yes Heating: Solar Cooling: None
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Building Information
Year Built: 1950Building Area Total: 2336Stories: 1Private Pool: No
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Lot Information
Main Square Feet: 5006 Lot Size Acres: 0.1149 Lot Size Square Feet: 5,006
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Listing Price Information
Listing Price: $1250000
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Tax Information
Parcel Number: 4235029008
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Virtual Tour
Parking Information
Parking Total: 3 AssignedGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 3
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Location Information
Direction: East of Grand View Blvd, South of Venice Blvd, West of Inglewood Blvd
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 11724 Culver Boulevard #8, Los Angeles, CA, 90066 | $1,635,000 | 4 | 4 | 2,145 | 22,577 Sq. Ft |
| 3848 Sawtelle Boulevard, Los Angeles, CA, 90066 | $1,150,000 | 3 | 3 | 1,625 | 4,990 Sq. Ft |
| 3826 Sawtelle Boulevard, Los Angeles, CA, 90066 | $2,497,500 | 5 | 4 | 3,098 | 5,067 Sq. Ft |
| 3818 Sawtelle Boulevard, Los Angeles, CA, 90066 | $2,497,500 | 6 | 4 | 3,221 | 4,975 Sq. Ft |
| 4354 Coolidge Avenue, Los Angeles, CA, 90066 | $1,399,900 | 2 | 1 | 990 | 5,867 Sq. Ft |
| 3837 Sawtelle Boulevard, Los Angeles, CA, 90066 | $2,000,000 | 10 | 9 | 3,862 | 6,297 Sq. Ft |
| 3754 Sawtelle Boulevard, Los Angeles, CA, 90066 | $1,479,000 | 4 | 3 | 2,050 | 2,499 Sq. Ft |
| 11376 Matteson Avenue, Los Angeles, CA, 90066 | $1,549,000 | 3 | 3 | 1,646 | 2,378 Sq. Ft |
| 11404 Biona Drive, Los Angeles, CA, 90066 | $2,750,000 | 5 | 5 | 2,935 | 6,606 Sq. Ft |
| 4034 Coolidge Avenue, Los Angeles, CA, 90066 | $4,875,000 | 5 | 5 | 4,155 | 5,402 Sq. Ft |
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ByOwner last updated this listing 10/01/2026 @ 17:52
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