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12032 Washington Pl, Los Angeles, CA 90066
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12032 Washington Pl Los Angeles, CA 90066

$3,025,000 Sold Price as of 05/05/2022
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$3,025,000 Sold Price as of 05/05/2022 Refinance Your Mortgage
Map preview of 12032 Washington Pl, Los Angeles, CA 90066

Property Overview: 12032 Washington Pl Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 10,010 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present for sale two side-by-side Triplexes each on their own APN. 5 of the 6 units will be delivered vacant, making this a perfect property for an owner/user, an investor, a TIC conversion, adding ADUs or a complete redevelopment! The existing two structures each consist of two 1+1s and one 2+1 spread out over 2,364 SF and each has three separate one-car garages plus another parking space open to the sky. Each of the two lots is 5,005 SF (for a total of 10,010 SF) and back up to an alley, adding to the redevelopment potential. Located in popular Mar Vista west of the 405 and under 3 miles away from the Ocean, these properties are walking distance to shopping, restaurants, nightlife and bowling! This is jobs-central, surrounded by Tech Companies with high-paying jobs within walking distance. Follow Ballona Creek Bike Trail and you'll be at the Beach in no time at all. Or jump in your car and be there faster, or drive 15 minutes to LAXor hop on the 405 and go go go. Market rents are currently in the $2,600 range for 1+1s and $3,500 for 2+1sso rehab the buildings and stabilize easily with the high demand. The properties are also available with an RTI Project for 8 Townhome Units consisting of 3 bedrooms, private garages, a bonus room, private roof decks, and a central driveway leading to each garage. Currently filed as 8 separate Plan Checks, break ground on one row of the homes while waiting on the final tenant to move out (via Cash for Keys or Ellis). Transaction includes two APNs: 4232-001-010 and 4232-001-011. Build 12 units by right.

Listed by Dario Svidler | BRE #01884474 | Keller Williams Beverly Hills
Last checked: 1 minute ago | Last updated: May 10th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
10,010
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
22147503
City
Los Angeles
County
Los Angeles
Time on Site
759 days

Property Details for 12032 Washington Pl

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • Parcel Number: 4232001011
  • Has Additional Parcels
  • Offered With Property: Read description.
Location / Neighborhood
Location Information
  • Directions: Between Venice Blvd and Washington Blvd and between Centinela Ave and Inglewood Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 12032 Washington Pl

Last sold for $3,025,000 on May 5th, 2022

  • May, 2022

  • May 5, 2022

    Date

    Sold

    CRMLS: 22147503

    $3,025,000

    Price

  • Apr 18, 2022

    Date

    Active

    CRMLS: 22147503

    $3,200,000

    Price

  • May, 2022

  • May 5, 2022

    Date

    Sold

    CRMLS: 22144307

    $3,025,000

    Price

  • Apr 7, 2022

    Date

    Active

    CRMLS: 22144307

    $3,200,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present for sale two side-by-side duplexes with 5 of 6 units delivered vacant. Update the vacant units and rent them at market rentsor turn this into a promising redevelopment project. Each building mirrors the other, consisting of two 1+1s and one 2+1 for a total of 2,364 SF, with three single-car-garages plus an additional uncovered parking space. The two lots combine to share a large courtyard. Located in Mar Vista, west of the 405 and under 3 miles to the ocean, the properties are walking distance to shopping, restaurants, nightlife and bowling! Central to the beach, LAX and easy access to the 405! The property is perfect for an Owner/User, Investor, TIC, ADU or full redevelopment. This listing currently consist of two separate lots (each with their own APN) which combined have over 10,000 SF of R3-1 Zoning and back up to an Alley where one can build 12+ units. The Seller has an almost-RTI Project for 8 spacious townhomes. Area Market Rents for 1+1s hover around $2,600 and for 2+1s around $3,500. Transaction includes 12032 W. Washington Pl (APN 4232-001-011) and 12038 W. Washington Pl (APN 4232-001-010).

  • December, 2020

  • Dec 9, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,450,000

    Price

Show More

Tax History for 12032 Washington Pl

Assessed Value (2020): $175,918
Year Land Value Improved Value Assessed Value
2020 $86,162 $89,756 $175,918

Home Value Compared to the Market

This property vs the competition

12032 Washington Pl sold on May 5, 2022 for 168.91% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 12032 Washington Pl

Detailed summary of property

12032 Washington Pl is a land that recently sold in Los Angeles, CA 90066. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 10,010 square foot lot. 12032 Washington Pl was first listed on ArdentRealEstateGroup.com on April 18, 2022. The homeowner sold the property for $3,025,000. 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 168.91% higher than the current median priced home. Local homes that are currently for sale include 1338 W Manchester Ave, 1637 S Vermont Ave and 843 W 82nd St. While the average home in Los Angeles, CA is selling in 94 days, 12032 Washington Pl has a days on market of 10 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 12032 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 12032 Washington Pl

Public county record property details
Beds
--
Baths
--
Year built
1950
Sq. Ft.
2,364
Lot Size
5,005
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19,20
APN
4232-001-011

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.
$1,003
Median Sold Price
$1,626,261
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
115
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%)

Thinking of Selling?

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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.

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