$100K Price reduction !!! Invested almost $600K to upgrade 8 Unit out of 10 Unit. ( Kitchen, bathroom and windows , electric panel, earthquake retrofitting, interior & exterior paint, security camera…. 10 units apartments building at heart of Palms-Mar Vista. Unit mix of (2) studio, (5) 1+1, and (3) 2+1. 6 covered parking . Exiting Storage can be converted to extra parking space. Community laundry room. Best location !!! 8 minutes to Venice pier, 2 minutes to 405 Fwy. Showing available 2 units as sample ( 2+1 and 1+1 ) due to vacant. Don’t miss this rare investment opportunity with about 48% rental upside. Great potential for new owner !!!!!
AGENT: Jae Kang LISTING BROKERAGE: Bee Investment, Inc.
Courtesy of Bee Investment, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 12012 WASHINGTON PL
Los Angeles, CA
Property Details
Price:
$3,090,000
MLS #:
26660845
Status:
Active
Beds:
12
Baths:
10
Type:
Single Family
Neighborhood:
c13palmsmarvista
Listed Date:
Mar 6, 2026
Finished Sq Ft:
7,249
Total Sq Ft:
7,249
Lot Size:
7,507 sqft / 0.17 acres (approx)
Year Built:
1951
C13 – Palms – Mar VistaC13palmsmarvista
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Schools
Interior
Appliances
GD
Cooling
NO
Heating
WL
Levels
U
Exterior
Parking Spots
6
Parking Total
6
Financial
Gross Operating Income
$183,216
Net Operating Income
$129,888
Map
Community
- Address12012 WASHINGTON PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
