12411 W Washington Blvd, Los Angeles, CA 90066
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12411 W Washington Blvd Los Angeles, CA 90066

$2,735,000 Sold Price as of 04/29/2019
  • 12 Beds
  • 8 Baths
  • 6,102 Sq.Ft.
Sold
$2,735,000 Sold Price as of 04/29/2019 Refinance Your Mortgage

Map preview of 12411 W Washington Blvd, Los Angeles, CA 90066

Property Overview: 12411 W Washington Blvd Los Angeles, CA has 12 bedrooms, 8 bathrooms, 6,102 living square feet and 8,517 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 12411 - 12419 Washington Place is ab 8-unit West Side multifamily asset situated on two adjacent parcels of R3 land totaling 8,517 square feet. The layout consists of two side-side four unit buildings on separate tax lots that can be financed separately with a 2-4 unit loan, or combined as 8 units and financed with traditional multifamily debt. The unit mix consists of (4) Two-bedroom, One-bathroom units and (4) One-bedroom, One-bathroom units. Four of the eight units have been completely remodeled with brand new bamboo floors, new kitchens, appliances, and quartz countertops, remote-control ceiling fans, custom built closets in the bedrooms, stackable Washer and Dryer hook-ups in the units, new windows, new paint, upgraded HVAC, and remodeled bathrooms. A steel fence was also installed on the west side of the building. The property is separately metered for gas and electricity and there are 9 parking spaces in the rear of the property. Garage parking with storage for 6 cars and 3 surface spaces. New landscape and exterior paint.

Listed by TIM STEUERNOL | BRE #01742766 | NAI CAPITAL, INC.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
8,517
HOA Dues
$0/mo
Year built
1953
Garage
6 Car
Property Type:
Apartment
Status
Sold
MLS#
CV19005506
City
Los Angeles
County
Los Angeles
Time on Site
1210 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $984
  • Total Rent: $1,234
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $795
  • Total Rent: $795
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,095
  • Total Rent: $2,095
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,875
  • Pro Forma/Market Rent: $2,875
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $806
  • Total Rent: $806
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,090
  • Total Rent: $1,090
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.04%
  • Gross Rent Multiplier: 16.9
  • Gross Scheduled Income: $168,600
  • Net Operating Income: $115,149
  • Gross Operating Income: $163,542
  • # of Rented Garages: 5
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $49,162
  • Electric: $1,200
  • Gas/Fuel: $0
  • New Taxes: $33,203
  • Trash: $583
  • Insurance: $4,537
  • Professional Management: $0
  • Water/Sewer: $2,800

Property Details for 12411 W Washington Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Electric, Gas
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, Stackable, Washer Hookup, Washer Included
Room Information
  • Flooring: Bamboo, Carpet, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Gas Cooktop, Microwave, Refrigerator
Interior Features
  • Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Crown Molding, Pantry
  • Window Features: Blinds, Double Pane Windows
Exterior Features
Exterior Information
  • Other Structures: Storage
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Assigned, Garage, Parking Space
Lot Information
  • Lot Features: Garden, Landscaped, Level with Street, Paved, Walkstreet, Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 4235018010
  • Year Built Source: Assessor
  • Property is Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Centinela Ave and Washington Place
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

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Sale History for 12411 W Washington Blvd

Last sold for $2,735,000 on April 29th, 2019
  • May, 2021

  • May 17, 2021

    Date

    Canceled

    CRMLS: 21704184

    $2,000

    Price

  • Mar 16, 2021

    Date

    Price Change

    CRMLS: 21704184

    $2,000

    Price

  • Mar 11, 2021

    Date

    Active

    CRMLS: 21704184

    $2,200

    Price

  • Listing provided courtesy of CRMLS

  • March, 2021

  • Mar 10, 2021

    Date

    Canceled

    CRMLS: 21703126

    $1,500

    Price

  • Mar 9, 2021

    Date

    Active

    CRMLS: 21703126

    $1,500

    Price

  • Listing provided courtesy of CRMLS

  • April, 2019

  • Apr 29, 2019

    Date

    Sold

    CRMLS: CV19005506

    $2,735,000

    Price

  • Mar 21, 2019

    Date

    Active Under Contract

    CRMLS: CV19005506

    $2,850,000

    Price

  • Feb 7, 2019

    Date

    Active

    CRMLS: CV19005506

    $2,850,000

    Price

  • Feb 5, 2019

    Date

    Active Under Contract

    CRMLS: CV19005506

    $2,850,000

    Price

  • Feb 1, 2019

    Date

    Active

    CRMLS: CV19005506

    $2,850,000

    Price

  • Jan 29, 2019

    Date

    Active Under Contract

    CRMLS: CV19005506

    $2,850,000

    Price

  • Jan 8, 2019

    Date

    Active

    CRMLS: CV19005506

    $2,850,000

    Price

  • April, 2019

  • Apr 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,735,000

    Price

  • February, 2019

  • Feb 1, 2019

    Date

    Expired

    CRMLS: CV18259282

    $1,425,000

    Price

  • Jan 8, 2019

    Date

    Withdrawn

    CRMLS: CV18259282

    $1,425,000

    Price

  • Jan 7, 2019

    Date

    Price Change

    CRMLS: CV18259282

    $1,425,000

    Price

  • Oct 26, 2018

    Date

    Active

    CRMLS: CV18259282

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    12411 Washington Place is a strategically located 4-unit West Side multifamily asset zoned R3 with land totaling 4,015 square feet. The unit mix consists of (2) Two-bedroom, One-bathroom units and (2) One-bedroom, One-bathroom units. The upper two bedroom and lower one bedroom units have been completely remodeled with brand new bamboo floors, new kitchens, appliances, and quartz countertops, remote-control ceiling fans, custom built closets in the bedrooms, stackable Washer and Dryer hook-ups in the units, new windows, new paint, upgraded HVAC, and remodeled bathrooms. The property has been recently painted on the exterior and a new concrete patio was poured between the buildings. A steel fence was also installed on the west side of the building. The property is separately metered for gas and electricity and there are 2 garage parking spaces and 2 surface spaces in the rear of the property. Property must be sold with adjacent four unit building 12417 Washington Place, Los Angeles, CA 90066 - CV18259303.

  • January, 2019

  • Jan 1, 2019

    Date

    Expired

    CRMLS: CV18115347

    $3,100,000

    Price

  • Nov 1, 2018

    Date

    Active

    CRMLS: CV18115347

    $3,100,000

    Price

  • Oct 25, 2018

    Date

    Withdrawn

    CRMLS: CV18115347

    $3,100,000

    Price

  • Sep 18, 2018

    Date

    Active

    CRMLS: CV18115347

    $3,100,000

    Price

  • Sep 18, 2018

    Date

    Price Change

    CRMLS: CV18115347

    $3,100,000

    Price

  • Sep 4, 2018

    Date

    Withdrawn

    CRMLS: CV18115347

    $3,575,000

    Price

  • May 16, 2018

    Date

    Active

    CRMLS: CV18115347

    $3,575,000

    Price

  • Listing provided courtesy of CRMLS

    12411 - 12419 Washington Place is a strategically located 8-unit West Side multifamily asset situated on two adjacent parcels of R3 land totaling 8,517 square feet. The layout consists of two side-side four unit buildings on separate tax lots that can be financed separately with a 2-4 unit loan, or combined as 8 units and financed with traditional multifamily debt. The unit mix consists of (4) Two-bedroom, One-bathroom units and (4) One-bedroom, One-bathroom units. Four of the eight units have been completely remodeled with brand new bamboo floors, new kitchens, appliances, and quartz countertops, remote-control ceiling fans, custom built closets in the bedrooms, stackable Washer and Dryer hook-ups in the units, new windows, new paint, upgraded HVAC, and remodeled bathrooms. A steel fence was also installed on the west side of the building. The property is separately metered for gas and electricity and there are 9 parking spaces in the rear of the property. Garage parking with storage for 6 cars and 3 surface spaces. New landscape and exterior paint.

  • May, 2018

  • May 24, 2018

    Date

    Leased

    CRMLS: CV18105299

    $2,650

    Price

  • May 24, 2018

    Date

    Withdrawn

    CRMLS: CV18105299

    $2,650

    Price

  • May 15, 2018

    Date

    Price Change

    CRMLS: CV18105299

    $2,650

    Price

  • May 5, 2018

    Date

    Active

    CRMLS: CV18105299

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Beautiful and spacious two bedroom one bathroom apartment in Culver City / Mar Vista area. Completely remodeled unit, brand new bamboo floors, white marble floors in the kitchen, brand new kitchen and Whirlpool appliances, ceiling fans, large closets in the bedrooms, stackable Washer and Dryer hook-up in the unit, new windows, new heater/AC unit, storage, garage, front and back entrances, patio. Central location - about a mile to Venice Beach, Santa Monica, Marina Del Rey, on the border of Culver City, close proximity to Playa Vista. Fantastic restaurants and retail outlets within walking distance. Pets considered with a pet deposit. Garage Parking - $100/month.

  • February, 2018

  • Feb 2, 2018

    Date

    Expired

    CRMLS: CV17248801

    $2,999

    Price

  • Feb 1, 2018

    Date

    Withdrawn

    CRMLS: CV17248801

    $2,999

    Price

  • Nov 1, 2017

    Date

    Active

    CRMLS: CV17248801

    $2,999

    Price

  • Listing provided courtesy of CRMLS

    Beautiful and spacious two bedroom one bathroom apartment in Culver City / Mar Vista area. Completely remodeled unit, brand new bamboo floors, white marble floors in the kitchen, brand new kitchen and Whirlpool appliances, ceiling fans, large closets in the bedrooms, stackable Washer and Dryer hook-up in the unit, new windows, new heater/AC unit, storage, garage, front and back entrances, patio. Central location - about a mile to Venice Beach, Santa Monica, Marina Del Rey, on the border of Culver City, close proximity to Playa Vista. Fantastic restaurants and retail outlets within walking distance. Pets considered with a pet deposit.

  • February, 2015

  • Feb 9, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 12411 W Washington Blvd

Assessed Value (2020): $1,395,070
Year Land Value Improved Value Assessed Value
2020 $1,020,000 $375,070 $1,395,070

Home Value Compared to the Market

This property vs the competition

12411 W Washington Blvd sold on April 29, 2019 for 139.5% 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 $467.06 per/sqft which puts the price per square foot 38.14% lower than the current median sale per square foot for the city of Los Angeles.

About 12411 W Washington Blvd

Detailed summary of property

12411 W Washington Blvd is a apartment that recently sold in Los Angeles, CA 90066. This apartment offered 12 bedrooms, 8 bathrooms, roughly 6,102 living square feet, and sits on an approximately 8,517 square foot lot. 12411 W Washington Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,735,000. 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 139.5% higher than the current median priced home. Local homes that are currently for sale include 3125 S Durango Ave, 1818 Midvale Ave and 8701 Olin St. While the average home in Los Angeles, CA is selling in 94 days, 12411 W Washington Blvd has a days on market of 72 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 12411 W Washington Blvd 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 12411 W Washington Blvd

Public county record property details
Beds
6
Baths
4
Year built
1953
Sq. Ft.
3,032
Lot Size
4,001
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
34,35
APN
4235-018-010

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 12411 W Washington Blvd

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.