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
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
Map
Community
- Address12029 Washington PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Elysian Valley
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- Other – 0011
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 15, 2026
4,806
Single Family Listed
109
Avg DOM
530
Avg $ / SqFt
$2,037,028
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 $530. The average listing price for Single Family in Los Angeles is $2,037,028. 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
