12029 Washington Place
Los Angeles, CA 90066
4
Bed
0
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 Bedrooms: 4Bathroom Information
Total Baths: 3 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Dishwasher -
Cooling Features
None Air ConditioningHeating Source
Solar Has Heating
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Building Information
Year Built: 1950 Building Area Total: 2,336
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1149 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5006
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Listing Price Information
Original List Price: 1,250,000 Listing Contract Date: 2026-06-17 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 4235029008
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Garage and Parking
Garage Description: Assigned Attached Garage: YesHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C13 - Palms - Mar Vista Postal Code Plus 4: 5343 Directions: East of Grand View Blvd, South of Venice Blvd, West of Inglewood Blvd Zoning: LAR3 Source Property Type: Residential Income Area: C13 - Palms - Mar Vista -
Building and Construction
Property Age: 76 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 2336 Property Attached: Yes Levels or Stories: One,Multi/Split Building Total Stories: 1
How much is this property worth?
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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 | $2,375,000 | 3 | 2 | 1,569 | 1,569 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 05:35
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