Listed price in listed location currency (USD).
$1,250,000

433

MLS® 26848573

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2336 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 0.1149 Acres
Approx. Age 1950
Avg. Price Per Sqft $535
MLS® Number 26848573

Property Address: 12029 Washington Pl, Los Angeles, CA, 90066-5005

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26848573
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1950
Basement
DrivewayAssigned
Garage Spaces
HeatSolar
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 17, 2026List Date
$1,250,000List Price

Home Appraisal

This property is estimated to sell between: $1,250,000 and $2,251,000.
Similar properties in this area sold on average for: $1,916,788
Expected to sell in 44 days. Similar properties sold in 44 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
12029 Washington Pl, Los Angeles, CA

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