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12510 Washington Pl, Los Angeles, CA 90066

List Price: $1,999,999On Market FlagOn market
Mar 30, 20254,141 sqft8 beds6 baths
Listed by: Helen Abrishami
License #: 01298442
Phone #: 310-927-9226
Power Brokers
Source:
CRMLS Logo
MLS #: 25518117

Property Description

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
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,982

TurboHome Estimated Value

$1,999,400

$483 sqft

High Valuation
$2,099,370
$507/sqft
Normal Valuation
$1,999,400
$483/sqft
Low Valuation
$1,899,430
$459/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$483/sqft$1,999,400

Neighborhood

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Comparative Value

$1.31M

$2.00M

12665 Venice Blvd, Los Angeles, CA 90066

Sale Price: $1,312,500

Selected Comparable

12510 Washington Pl, Los Angeles, CA 90066

List Price: $1,999,999

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
12510 Washington Pl, Los Angeles, CA 90066

12510 Washington Pl, Los Angeles, CA 90066

List: $1,999,999

Listed: 3/30/2025

Area:4,141 sqft
Price/sqft:$483
Beds:8
Baths:6
Year Built:
Lot Size:7,840

Comparable Properties

COMPARABLE
Choose comps
12665 Venice Blvd, Los Angeles, CA 90066

12665 Venice Blvd, Los Angeles, CA 90066

Sale: $1,312,500

6/13/20250.42 mi

Area:4,540 sqft
Price/sqft:$289
Beds:8
Baths:7
Year Built:
Weight:100.0%

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