12029 Washington PL Los Angeles CA 90066 | MLS #26848573
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.
Property Details
Price:
$1,250,000
MLS #:
26848573
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Neighborhood:
c13palmsmarvista
Listed Date:
Jun 17, 2026
Finished Sq Ft:
2,336
Total Sq Ft:
2,336
Lot Size:
5,006 sqft / 0.11 acres (approx)
Year Built:
1950
See this Listing
Schools
Interior
Appliances
DW
Cooling
NO
Heating
SO
Levels
A, S
Exterior
Architectural Style
TRD
Attached Garage YN
1
Common Walls
_1CW
Direction Faces
S
Garage Spaces
3
Parking Spots
3
Parking Total
3
Financial
Map
Community
- Address12029 Washington PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- Beachwood Canyon
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Canyon Shores
- Castle Heights
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Edgewater Towers
- Evo
- Hacienda Tularosa
- Hollywood Dell
- Jefferson Park
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable-105
- Not in Development
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Park Plaza 57
- Picfair Village
- Pickford Court
- Savoy
- SB Grand
- Silver Strand
- Subdivision Name / Tract: 5609
- The ERB
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TR 337
- TRACT # 8560 LOT 16 BLK 11
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Upper Riviera
- Westmont WMON
- Winton & McLeod Figueroa St. Tract
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 04, 2026
9,501
Single Family Listed
85
Avg DOM
437
Avg $ / SqFt
$1,565,319
Avg List Price
Property Summary
- 12029 Washington PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90066. It is listed for $1,250,000 and features 4 beds, 3 baths, and has approximately 2,336 square feet of living space, and was originally constructed in 1950. The current price per square foot is $535. The average price per square foot for Single Family listings in Los Angeles is $437. The average listing price for Single Family in Los Angeles is $1,565,319. To schedule a showing of MLS#26848573 at 12029 Washington PL in Los Angeles, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of Pardee Properties. 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 Compass include the name of the listing broker. Neither the listing company nor Compass 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.12029 Washington PL
Los Angeles, CA
