Stacey Alysson Melman

12012 WASHINGTON PL Los Angeles CA 90066 MLS #26660845

12012 WASHINGTON PL
Los Angeles, CA, 90066
$3,090,000
12 Beds
10 Baths
7,249 SqFt
0.17 Acres
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MLS #26660845 image #0
$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.
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

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