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$1,250,000
39 Days On Site

12029 Washington Place
Los Angeles, CA 90066

For Sale|Residential Income|Active
4
Beds
3
Total Baths
2,336
SqFt
$535
/SqFt
1950
Built
County:
Los Angeles
Call Now: (408) 868-2620
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(408) 868-2620
12029 Washington Place12029 Washington Place12029 Washington Place12029 Washington Place
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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 your mortgage, this property qualifies for standard 1- 4 unit residential financing.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
39 Days
Bedrooms 
4
Inside Area (SqFt) 
2,336 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1149 Acres
Year Built 
1950
MLS® Number 
26848573
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.1149
Attached Garage 
Yes
Direction Faces 
South
Disclosures 
RentControl
Garage 
Yes
Garage Spaces 
3
Levels 
OneMulti/Split
Parking 
AttachedAssigned
Parking Spaces 
3
Special Circumstances 
Standard
SqFt Total 
2336
Style 
Traditional
Zoning 
LAR3
Interior Features
Appliances 
Dishwasher
Heating 
Active SolarSolar
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Community Features
MLS Area 
C13 - Palms - Mar Vista
Listing courtesy of Vince Peagler III of Pardee Properties

Based on information from the The MLS as of 2026-07-27 06:40 AM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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