12510 Washington Pl - Apartments FOR SALE


Los Angeles, CA 90066- Culver-West
$2,200,000 USD
310-927-9226
12510 Washington Pl, Los Angeles, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/2
null | 5.78% Cap Rate

12510 Washington Pl
Los Angeles, CA 90066
Culver-West


OVERVIEW

12510 Washington Place is a multifamily investment opportunity located in the thriving Mar Vista neighborhood of Los Angeles. Built in 1953, this two-building property totals approximately 4,141 square feet on a generous 7,838-square-foot lot. The property features six residential units, composed of two spacious two-bedroom/one-bath units and four one-bedroom/one-bath units, meeting strong local demand for rental housing in this highly desirable market. With each unit offering garage parking—six spaces total this property presents convenience and value for residents in an area where parking is highly sought-after. Strategically positioned near major employment hubs, entertainment centers, and premier retail corridors, this asset provides an exceptional investment opportunity with stable income, strong tenant demand, and significant potential for rental growth and value appreciation. Investors will benefit from robust market fundamentals, continued population growth, and ongoing neighborhood development, positioning this property as an excellent addition to any investment portfolio. Offered at $2.2M, this property offers a pro-forma cap rate of 5.78%

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$531 USD /SF

# OF UNITS

6

PRICE/UNIT

$366,667

CAP RATE

5.78%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,919 SF

ZONING

R4, Culver City

APN/PARCEL ID

4231-019-045

ASK ABOUT THIS PROPERTY

Helen AbrishamiPower Brokers International, Inc.More Info
310-927-9226

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Helen AbrishamiPower Brokers International, Inc.More Info
310-927-9226

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.