11401 Washington Place, Los Angeles, CA 90066
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
11401 Washington Place,Los Angeles, CA 90066
$2,795,000
- 13 Beds
- 10 Baths
- 7,129 sq. ft.
- Multi-family
- Active
Listed by: jonathan nikfarjam, angel white
Office: shield cre, inc.310-593-9869
MLS#:26851705
Source:CRMLS
Price summary
- Price:$2,795,000
- Price per sq. ft.:$392.06
About this home
10-Unit Investment Opportunity in Mar Vista: Well-located Westside apartment asset in one of Los Angeles' most desirable rental markets. Recent System Upgrades: Plumbing and electrical systems were upgraded in 2025. Prime Westside Location: Convenient access to Marina Del Rey, Venice, Santa Monica, Culver City, and Playa Vista, providing tenants with premier dining, entertainment, beach, and lifestyle amenities. Income-Generating Amenities & ADU Potential: 7 garages and on-site laundry facility generate additional income, while the 7,753-SF lot and parking area present desirable opportunity to add ADUs (Buyer to Verify). Strong Cash Flow & Rental Upside: Offering a 5.30% current cap rate and 12.30 GRM with upside to a 7.39% pro-forma cap rate and 9.64 GRM. Attractive Unit Mix: Comprised of (3) 2-bedroom/1-bathroom units and (7) 1-bedroom/1-bathroom units, including one vacant 1-bedroom unit.Renovated Units: Select units feature hardwood floors, newer windows, quartz countertops, and modern kitchen and bathroom upgrades. Adjacent to Silicon Beach: Close proximity to Sony Pictures, Amazon Studios, Google, Meta, Apple, One Culver, Electronic Arts, Snap, Hulu, and other major Westside employers supporting strong tenant demand....
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Home facts
- Year built:1954
- Listing ID #:26851705
- Added:4 day(s) ago
- Updated:June 29, 2026 at 01:44 PM
Rooms and interior
- Bedrooms:13
- Total bathrooms:10
- Living area:7,129 sq. ft.
Structure and exterior
- Year built:1954
- Building area:7,129 sq. ft.
- Lot area:0.18 Acres
- Levels:2 Story
Finances and disclosures
- Price:$2,795,000
- Price per sq. ft.:$392.06
Features and amenities
- Laundry features:Laundry Room
Parking
- Total parking spaces:7
- Parking description:Garage
- Garage:Yes
- Garage spaces:7
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