12510 Washington Place Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90066
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,141 sqft
Price per Sqft $531
MLS Listing ID CL25518117
HOA Y/N No
Year Built 1953
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Other
Property Description
Location Location located in the thriving Culver City/Mar Vista neighborhood of Los Angeles. Built in 1953, this two-building property totals approximately 4,141 square feet on a generous 7,838-square-foot lot. The property features six residential units, composed of two spacious two-bedroom/one-bath units and four one-bedroom/one-bath units, meeting strong local demand for rental housing in this highly desirable market. With each unit offering garage parking six spaces total this property presents convenience and value for residents in an area where parking is highly sought after. Strategically positioned near major employment hubs, entertainment centers, and premier retail corridors, this asset provides an exceptional investment opportunity with stable income, strong tenant demand, and significant potential for rental growth and value appreciation. Investors will benefit from robust market fundamentals, continued population growth, and ongoing neighborhood development, positioning this property as an excellent addition to any investment portfolio. great upside in rent , Offered at $2.2M, this property offers an approx. cap rate of 5.7
Location
State CA
County Los Angeles
Zoning CCR4
Interior
Heating Wall Furnace
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 4231019045