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12012 Washington Pl

Los Angeles, CA 90066
  • $3,750,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 22-155849
UPDATED: 56 min ago
$3,750,000
  • 12
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,249
    SQFT
  • $517
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

Location, Location, Location !!!!! 10 Units apartments at heart of Palms- Mar Vista. Unit mix of (2) studio, (5) 1+1, and (3) 2+1. Seller invest $500,000 since 2017 for 7 renovated units out of 10units.,Upgraded electric panel, and new exterior paint through out building. 6 covered parking, community laundry room. Don't miss this rare investment opportunity with 30% rental upside. Interior inspection with accepted offer.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T15:43:13.483. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/128684380
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12012 Washington Pl Los Angeles, CA 90066

  • Price: $3,750,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 56 min ago
  • MLS #: 22-155849
12
Beds
0
Baths
0
½ Baths
0.17
Acres
7,249
SQFT
$517
$/SQFT
1951
Built
Neighborhood:
Palms - Mar Vista
County:
Los Angeles
Area:
Palms - Mar Vista
Property Description
Location, Location, Location !!!!! 10 Units apartments at heart of Palms- Mar Vista. Unit mix of (2) studio, (5) 1+1, and (3) 2+1. Seller invest $500,000 since 2017 for 7 renovated units out of 10units.,Upgraded electric panel, and new exterior paint through out building. 6 covered parking, community laundry room. Don't miss this rare investment opportunity with 30% rental upside. Interior inspection with accepted offer.
Exterior Features

Lot Size Area 7507 Other Structures None Parking Garage Covered Parking Total Parking 5

Interior Features

Baths Total 10.00 Cooling None Equipment Garbage DisposalHood Fan Heating Wall

Property Features

Assessed Total Value 2862778 Gross Income 205608 Gross Operating Income 205608 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 129888.00 Number Of Buildings 1 Number Of Units 10 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 75720 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Jae Kang DRE#01746794 of Bee Investment, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T15:43:13.483. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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