12029 Washington Place, Los Angeles, CA 90066

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
12029 Washington Place,Los Angeles, CA 90066
$1,250,000
  • 4 Beds
  • - Baths
  • 2,336 sq. ft.
  • Multi-family
  • Active
Listed by: vince peagler iii, tamra (tami) pardee
Office: pardee properties
MLS#:CL26848573
Source:Bay East, CCAR, bridgeMLS

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Listing ID #:CL26848573
  • Added:99 day(s) ago
  • Updated:September 25, 2026 at 02:40 PM

Rooms and interior

  • Bedrooms:4
  • 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

Finances and disclosures

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

Parking

  • Parking description:Assigned
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 25, 2026

New listings near 12029 Washington Place