$3,090,000

12012 WASHINGTON Place, Los Angeles, CA 90066

  • 7,249 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon7,505sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $426/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

$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 !!!!!

Listing Status:
Active
Date Added:
March 6, 2026
Data Last Updated:
May 20, 2026 at 7:06AM
Listing Office:
Bee Investment, Inc. : 213-380-8600
Listing Agent:
Jae Kang : 310-570-6542
MLS ID:
CL26660845
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Covered
  • County: Los Angeles
  • Zoning: LAR34232001014

This listing courtesy of Jae Kang , Bee Investment, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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