12510 Washington Place
Los Angeles, CA, 90066
$2,199,988
Beds
0 Baths
SqFt
0.18 Acres
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Location Location located in the thriving Culver City/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. great upside in rent , Offered at $2.2M, this property offers an approx. cap rate of 5.7

Property Details

Price:
$2,199,988
MLS #:
25518117
Status:
Active
Baths:
0
Address:
12510 Washington Place
Type:
Residential Income
Neighborhood:
c28culvercity
City:
Los Angeles
Listed Date:
Mar 30, 2025
State:
CA
ZIP:
90066
Lot Size:
7,840 sqft / 0.18 acres (approx)
Year Built:
1953
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12510 Washington Place
Los Angeles, CA