12029 Washington Pl

Los Angeles CA 90066

2336 sq. ft.

5006 sq. ft.

Other

Currently for sale - view listing

Overview

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.

Features

4 bedrooms

3 bathrooms

3 carspaces

3 garage spaces

2336 sq. ft. floor area

5006 sq. ft. lot size

Other

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.