12017 Washington Pl, Los Angeles, CA 90066
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12017 Washington Pl Los Angeles, CA 90066

$2,199,000 Sold Price as of 05/26/2021
  • 4 Beds
  • 8 Baths
  • 3,696 Sq.Ft.
Sold
$2,199,000 Sold Price as of 05/26/2021 Refinance Your Mortgage

Map preview of 12017 Washington Pl, Los Angeles, CA 90066

Property Overview: 12017 Washington Pl Los Angeles, CA has 4 bedrooms, 8 bathrooms, 3,696 living square feet and 5,005 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: MAJOR PRICE REDUCTION!!! Don't miss out on this great opportunity to acquire a recently renovated apartment building in a prime area of Mar Vista. Good unit mix of 4 studios and 4 one bedrooms, always in demand! Property has undergone major renovations, with 7 of the 8 units renovated with new kitchens, bathrooms, appliances, electrical, wall heaters, security doors and breaker boxes.4 units have new AC units. Upper units have laminate wood floors, downstairs units have hardwood floors. Building has also been renovated with new water main, sewer lines, and a new roof. Centrally located in West Los Angeles, with easy freeway access, and minutes to the expo line and the beach.

Listed by Joseph Killinger | BRE #01119814 | Commercial Brokers Int'l. Inc.
Last checked: 12 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 78

Home details

Lot Sq. Ft
5,005
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21690682
City
Los Angeles
County
Los Angeles
Time on Site
1185 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $714
  • Pro Forma/Market Rent: $6,380
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,313
  • Pro Forma/Market Rent: $7,580
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.37
  • Gross Scheduled Income: --
  • Net Operating Income: $100,088
  • Gross Operating Income: $148,178
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 12017 Washington Pl

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Wood, Laminate
Kitchen Information
  • Has Appliances
  • Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Gas Cooktop, Oven
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Roof: Bitumen
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • No
  • Parking Features: None
Property Information
  • No View
  • View: None
  • Total # of Units: 8
  • Parcel Number: 4235029004
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other, Sewer Paid
Location / Neighborhood
Location Information
  • Directions: W. of Inglewood, S. of Venice
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Sale History for 12017 Washington Pl

Last sold for $2,199,000 on May 26th, 2021
  • April, 2021

  • Apr 28, 2021

    Date

    Pending

    CRMLS: 21690682

    $2,199,000

    Price

  • Apr 14, 2021

    Date

    Price Change

    CRMLS: 21690682

    $2,199,000

    Price

  • Feb 8, 2021

    Date

    Active

    CRMLS: 21690682

    $2,475,000

    Price

  • September, 2010

  • Sep 1, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2002

  • Aug 23, 2002

    Date

    Sold (Public Records)

    Public Records

    $535,000

    Price

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Tax History for 12017 Washington Pl

Assessed Value (2020): $709,757
Year Land Value Improved Value Assessed Value
2020 $463,507 $246,250 $709,757

Home Value Compared to the Market

This property vs the competition

12017 Washington Pl sold on May 26, 2021 for 84.79% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $594.97 per/sqft which puts the price per square foot 21.2% lower than the current median sale per square foot for the city of Los Angeles.

About 12017 Washington Pl

Detailed summary of property

12017 Washington Pl is a multi family that recently sold in Los Angeles, CA 90066. This multi family property offered 4 bedrooms, 8 bathrooms, roughly 3,696 living square feet, and sits on an approximately 5,005 square foot lot. 12017 Washington Pl was first listed on ArdentRealEstateGroup.com on February 9, 2021. The homeowner sold the property for $2,199,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 84.79% higher than the current median priced home. Local homes that are currently for sale include 2615 Chariton St, 1556 S Beverly Glen Blvd and 8664 Cadillac Ave. While the average home in Los Angeles, CA is selling in 94 days, 12017 Washington Pl has a days on market of 78 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 12017 Washington Pl Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12017 Washington Pl

Public county record property details
Beds
4
Baths
8
Year built
1957
Sq. Ft.
3,696
Lot Size
5,005
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
39,40
APN
4235-029-004

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,200,000
Median List Price/Sq.Ft.
$1,009
Median Sold Price
$1,626,261
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
111
Median Sale to List Price %
100.08%
Avg Days on Market
29
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (15.15%), Other (6.06%)

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Related Resources to 12017 Washington Pl

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.