Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90066 12121 Washington Place

Pending
12121 Washington Place Los Angeles, CA - Image 112121 Washington Place Los Angeles, CA - Image 212121 Washington Place Los Angeles, CA - Image 3
21 more
12121 Washington Place Los Angeles, CA - Image 412121 Washington Place Los Angeles, CA - Image 512121 Washington Place Los Angeles, CA - Image 612121 Washington Place Los Angeles, CA - Image 712121 Washington Place Los Angeles, CA - Image 812121 Washington Place Los Angeles, CA - Image 912121 Washington Place Los Angeles, CA - Image 1012121 Washington Place Los Angeles, CA - Image 1112121 Washington Place Los Angeles, CA - Image 1212121 Washington Place Los Angeles, CA - Image 1312121 Washington Place Los Angeles, CA - Image 1412121 Washington Place Los Angeles, CA - Image 1512121 Washington Place Los Angeles, CA - Image 1612121 Washington Place Los Angeles, CA - Image 1712121 Washington Place Los Angeles, CA - Image 1812121 Washington Place Los Angeles, CA - Image 1912121 Washington Place Los Angeles, CA - Image 2012121 Washington Place Los Angeles, CA - Image 2112121 Washington Place Los Angeles, CA - Image 2212121 Washington Place Los Angeles, CA - Image 2312121 Washington Place Los Angeles, CA - Image 2412121 Washington Place Los Angeles, CA - Image 25
Presented By: Vineendra Jain with Ingenious Asset Group, Inc.;
  • MLS# 24435216
  • 10/16/2024
  • Request Tour
  • Request Info
  • SQFT • 4,661
  • Year Built • 1960

Home Details

Probate Sale. Court confirmation MAY be required. 8-Unit mixed-use property located in a trendy district of West LA. Easy access to shopping, dining options, entertainment, and I-405. Minutes from Downtown Culver City and Venice Beach. Excellent opportunity for a savvy investor to acquire a prime westside location with significant value-add potential. For sale AFTER 59 years! Unit mix 5 x 2 bed 1 bath and 1 x 1 bed 1 bath residential units, plus 2 commercial units. One large 2 bedroom unit is vacant, and will be delivered vacant at COE. All units are separately metered for both gas and electricity. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on Feb. 05, 2019. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.
Presented By: Vineendra Jain with Ingenious Asset Group, Inc.;

Interior Features for 12121 Washington Place

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2

General for 12121 Washington Place

Additional Parcels Y/NNo
Attached Garage No
Buyer FinancingCash
Cap Rate7.36
Carport Y/NNo
CityLos Angeles
Construction MaterialsFrame, Stucco
CountyLos Angeles
DirectionsSouth of Venice Blvd, West of Inglewood Blvd, East of S Centinela Ave and North of Washington Pl
DisclosuresRentControl
Electric Expense900.0
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CourtApproval
Lot Size Square Feet5005.0
Lot Size UnitsSquareFeet
MLS AreaC13 - Palms - Mar Vista
MaintenanceExpense6238.0
MobileHomeRemainsYNNo
Net Operating Income110377.0
New ConstructionNo
Number Of Units Total8
Open Parking Spaces1.0
Possible UseMultiFamily
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeCommercialSale
Rent Control Y/NYes
RoofFlat, RolledHotMop
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsProbateListing
Standard StatusPending
StatusPending
Trash Expense3960.0
Year Built1960
ZoningLAC2

Exterior for 12121 Washington Place

Building Area Total4661.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1149
Lot Size Area5005.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking7.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $1,500,000
MLS#24435216
List Date 10/16/2024
Property Type Pending
Request Tour
Request Info
Visit My Website

Similar Properties to 12121 Washington Place

Skip to content