x
Showing 1 of 0
X
Save

12029 Washington Pl
Los Angeles CA 90066 US

$1,250,000

Active Listing ID 26848573
bed icon
4 bed
bath icon
3.00 Bath (3 Full)
lot icon
Lot: 0.11 Acres
home icon
Other

$1,250,000

Active Listing ID 26848573
Save

12029 Washington Pl 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.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Heating Fuels: Solar (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 12029 Washington Pl
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90066
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1149
  • lotsizeunits: Acres
  • lotsizearea: 0.1149
  • livingarea: 2336
  • livingareaunits: Square Feet
  • latitude: 34.001619
  • longitude: -118.426588
  • listagentfullname: Vince Peagler Iii
  • listagentemail: vince@pardeeproperties.com
  • listagentkey: 3yd-CLAWCA-C141186
  • listagentmlsid: C141186
  • listagentpreferredphone: 3107751077
  • listagentofficephone: 3109076517
  • listofficekey: 3yd-CLAWCA-X77543
  • listagentstatelicense: 02207540
  • listofficemlsid: X77543
  • disclaimer: Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1950
  • listingcontractdate: 2026-06-17
  • listagenturl: https://www.vincepeagleriii.com
  • countyorparish: Los Angeles
  • parcelnumber: 4235-029-008
  • heating: Solar (Heating)
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 3
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • architecturalstyle: Other
  • rooms: Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 4
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.42659, 34.001617
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Pardee Properties", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@haltonpardee.com", "ListBrokerageCity":"Venice", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@pardeeproperties.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CLAWCA/adc58051ee5b11de94b8000d5671d604/20220714221201733.png", "ListBrokerageName":"Pardee Properties", "ListBrokeragePhone":"(310) 907-6517", "ListBrokeragePostalCode":"90291", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1524 Abbot Kinney Blvd", "ListBrokerageWebsiteUrl":"https://www.pardeeproperties.com", "ListOfficeAddress1":"1524 Abbot Kinney ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"X77543", "ListOfficeCity":"Venice", "ListOfficeCountry":"US", "ListOfficeEmail":"info@pardeeproperties.com", "ListOfficePostalCode":"90291", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/12029-Washington-Pl_Los-Angeles_CA_90066_M16792-78653?f=listhub&s=CLAWCA&m=26848573&c=rexren", "MLSModificationTimestamp":"2026-06-17 15:39:59", "Neighborhoods":[{"Description":null, "Name":"Palms - Mar Vista"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/17/2026 11:07:26 PM GMT
Source Updated Date: 6/20/2026 12:30:50 PM GMT

Courtesy of: Vince Peagler Iii, Pardee Properties, vince@pardeeproperties.com

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.