12029 Washington Place, Los Angeles, CA 90066

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
12029 Washington Place,Los Angeles, CA 90066
$1,250,000
  • 4 Beds
  • 3 Baths
  • 2,336 sq. ft.
  • Multi-family
  • Active
Listed by: vince peagler iii, tamra (tami) pardee
Office: pardee properties310-907-6517
MLS#:26848573
Source:CRMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$535.1

About this home

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...

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Home facts

  • Year built:1950
  • Listing ID #:26848573
  • Added:1 day(s) ago
  • Updated:June 18, 2026 at 04:51 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Kitchen Description:Dishwasher
  • Living area:2,336 sq. ft.

Heating and cooling

  • Heating:Solar

Structure and exterior

  • Year built:1950
  • Building area:2,336 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Traditional
  • Levels:1 Story

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$535.1

Features and amenities

  • Appliances:Dishwasher

Parking

  • Total parking spaces:3
  • Parking description:Assigned
  • Garage:Yes
  • Garage spaces:3
Based on information from California Regional Multiple Listing Service, Inc. as of June 18, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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