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12017 Washington Place, Los Angeles, CA 90066
1
bed
2
baths
3696
ft2
· 5005
ft2 lot
$2,199,000
$595 / ft2
Listing provided courtesy of Joseph Killinger, Commercial Brokers Int'l. Inc..
Source CRMLS.
MAJOR PRICE REDUCTION!!! Don't miss out on this great opportunity to acquire a recently renovated apartment building in a prime area of Mar Vista. Good unit mix of 4 studios and 4 one bedrooms, always in demand! Property has undergone major renovations, with 7 of the 8 units renovated with new kitchens, bathrooms, appliances, electrical, wall heaters, security doors and breaker boxes.4 units have new AC units. Upper units have laminate wood floors, downstairs units have hardwood floors. Building has also been renovated with new water main, sewer lines, and a new roof. Centrally located in West Los Angeles, with easy freeway access, and minutes to the expo line and the beach.
HOA
$—/month
On market
2 months
Year built
1957
Property type
Multi-Family
Parking
MLS
21690682
Price / Sq.Ft.
$595 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Community
•   
Appliances: Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Gas Cooktop, Oven
•   
Has Appliances
•   
Laundry: 1
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Wood, Laminate
Interior Size
•   
Building Area Total: 3696.00
Property, Lot, Community & Exterior Features
Building Info
•   
Zoning: LAR3
•   
Roof: Bitumen
•   
Stories Total: 2
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 8
Lot Info
•   
Lot Size Acres: 0.1100
•   
Lot Size Area: 5005.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Property Condition: Updated/Remodeled
Exterior Features
•   
Direction Faces: South
Utilities & Other Information
Water & Sewer Info
•   
Sewer: Other, Sewer Paid
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 148178.00
•   
Total Expenses: 48090.00
•   
Gross Multiplier: 16.37
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 151177.00
•   
Tax Year: 2020
•   
Taxes: 9492.0
Lease Info
•   
Net Operating Income: 100088.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1895.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 4
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1313.40
Multi Unit Information
•   
# Of Units: 13
•   
Price Per Unit: 309375
Unit 1 Information
•   
Unit 1 Total Units: 4
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1595.00
•   
Unit 1 Total Rent: 714.64
School Neighborhood & Directions
School Info
•   
Directions: W. of Inglewood, S. of Venice
Other
Calculation
•   
Dom: 65
•   
Cdom: 65
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 15, 2021 6:28am
Neighborhood snapshot
104
Properties for sale
15
Median days on market
$882.02
Median sold price/sqft
100.66%
Sold/List %
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Property History
04/14/2021
04/14/2021
CRMLS #21690682
active
CRMLS #21690682
$2,199,000
--11.15%
02/08/2021
02/08/2021
CRMLS #21690682
active
CRMLS #21690682
$2,475,000
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