12029 Washington Pl, Los Angeles, CA 90066
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12029 Washington Pl, Los Angeles, CA 90066
12029 Washington Pl, Los Angeles, CA 90066
12029 Washington Pl, Los Angeles, CA 90066
12029 Washington Pl, Los Angeles, CA 90066
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John Francis O'Brien

John Francis O'Brien

+1(856) 287-3059
$ 1,250,000
Est. payment /mo
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12029 Washington Pl Los Angeles, CA 90066

4 Beds

3 Baths

2,336 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,336 sqft

Price per Sqft $535

MLS Listing ID 26848573

Style Traditional

Bedrooms 4

Year Built 1950

Lot Size 5,006 Sqft

Acres 0.1149

Property Sub-Type Multi-Family

Property Description

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 the 405/10 freeways, this high-demand location ensures historically low vacancy. Whether you are a seasoned investor looking for a clear path to optimization or an owner-user looking to supplement your mortgage, this property qualifies for standard 1- 4 unit residential financing.

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Solar, Other

Cooling None

Equipment Dishwasher

Exterior

Parking Features Assigned, Attached

Garage Spaces 3.0

Building

Architectural Style Traditional

Level or Stories Multi/Split, One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Pardee Properties
John Francis O'Brien

John Francis O'Brien

+1(856) 287-3059

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