12029 Washington PL Los Angeles CA 90066 | MLS #26848573

12029 Washington PL
Los Angeles, CA, 90066
$1,250,000
4 Beds
3 Baths
2,336 SqFt
0.11 Acres
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MLS #26848573 image #0
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
TraditionalC13 – Palms – Mar VistaC13palmsmarvista

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Schools

Interior

Appliances
Dishwasher
Cooling
None
Heating
Solar
Levels
Multi/Split, One

Exterior

Architectural Style
Traditional
Common Walls
1 Common Wall
Covered Spaces
3
Direction Faces
South
Garage Spaces
3
Parking Features
Assigned
Parking Spots
3
Parking Total
3

Financial

Gross Operating Income
$63,458
Net Operating Income
$50,288

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 25, 2026
6,216
Single Family Listed
90
Avg DOM
507
Avg $ / SqFt
$1,881,572
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 $507. The average listing price for Single Family in Los Angeles is $1,881,572. To schedule a showing of MLS#26848573 at 12029 Washington PL in Los Angeles, CA, contact your Compass agent at 310.409.7242.

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12029 Washington PL
Los Angeles, CA