12021 Washington Place

Los Angeles, CA 90066

$2,250,000
Price
2
Beds
4
Baths
3,300 Sq. Ft.
$682 / Sq. Ft.
3,300
Sq. Ft.
$682
per Sq. Ft.

Description

CBRE is pleased to exclusively offer for sale 12021 Washington Place, a well-maintained, pride of ownership three-unit apartment building built in1988. The property boasts a favorable unit mix of two (2) one-bedroom one and a half-bathroom plus aloft units, and one (1) Studio unit.12021 Washington Place is a prime investment opportunity for investors with a highly desired neighborhood.CBRE is pleased to exclusively offer for sale 12021 Washington Place, a well-maintained, pride of ownership three-unit apartment building built in1988. The property boasts a favorable unit mix of two (2) one-bedroom one and a half-bathroom plus aloft units, and one (1) Studio unit.12021 Washington Place is a prime investment opportunity for investors with a highly desired neighborhood.
  1. Listed by John Boyett • DRE #02056759 • Brokerage DRE #00868409 • CBRE

Property Details for 12021 Washington Place

Zoning
LAR3
Parcel Number
4235029005
Total Units
3.0
Living Area
3300
Source Living Area
Owner
Area
Palms - Mar Vista (C13)
Vacancy Rate
yes
Lot Size Area
2503

Location

Listing Courtesy of CBRE, John Boyett, DRE #02056759
Add your commute
LISTING UPDATED: 05/29/2024 11:06 AM

Property Details for 12021 Washington Place

StatusActive
MLS #24-393291
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size0.06 AC / 2,503 SF
CountyLos Angeles County

Location

Listing Courtesy of CBRE, John Boyett, DRE #02056759
Add your commute

Building Information for 12021 Washington Place

Stories2Residences-Year Built1988Building Size-Lot Size0.06 AC / 2,503 SF

Payment Calculator

$12,804 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,279

Property Taxes

$525

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12021 Washington Place

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Dwelling
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $102,840
  • Net Operating Income: $63,768.00
  • Gross Income: $102,840
  • Gross Rent Multiplier: $21.88
  • Total Annual Expense: 35986
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0575
  • Lot Size Square Feet: 2503
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 4
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-17-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,285.00
  • Unit Actual Rent: $3,285.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $150,316.00
  • Assessed Improvement Percent: 30.55
  • Assessed Land Value: $341,639.00
  • Assessed Land Percent: 69.45
  • Assessed Total Value: $491,955.00

Property History for 12021 Washington Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12021 Washington Place

Taxable ValueLand$341,639Additions$150,316Total$491,955
Tax Record2023$6,301 ($525 / month)
Home Facts
Total Finished SqFt2,524 SqFtAbove Grade Finished SqFt2,524 SqFtLot Size2,503 SqFtStyleDuplexYear Built1988ZoningLAR3CountyLOS ANGELESAPN4235-029-005

Schools near 12021 Washington Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Grand View Boulevard Elementary School
PublicK to 5

Marina Del Rey Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Icef Vista Middle Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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12021 Washington Place is a multi-family home for sale in Los Angeles, CA 90066. This property was listed for sale on May 9, 2024 by CBRE, it's currently listed at $2,250,000. It has been on the market for a total of 24 days and was last sold on December 19, 1995. This listing's school district is Los Angeles Unified School District. Nearby schools include Grand View Boulevard Elementary School, Marina Del Rey Middle School and Venice Senior High School. 12021 Washington Place is a 2-bed, 4-bath, 3,300 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CBRE, John Boyett, DRE #02056759

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.