12121 Washington Pl

Los Angeles,CA 90066

$ 1700000

11 Beds

6 Baths

4661 SqFt


Key Details

Property Type Commercial

Sub Type Combo - Res & Com

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,661 sqft

Price per Sqft $364

MLS Listing ID 24-435216

Bedrooms 11

Year Built 1960

Lot Size 5,005 Sqft

Acres 0.1149

Property Description

Probate Sale. Subject to Court confirmation and overbidding in Court. 8-Unit mixed-use property located in a trendy district of West LA. Easy access to shopping, dining options, entertainment, and I-405. Minutes from Downtown Culver City and Venice Beach. Excellent opportunity for a savvy investor to acquire a prime westside location with significant value-add potential. For sale AFTER 58 years! Unit mix 5 x 2 bed 1 bath and 1 x 1 bed 1 bath residential units, plus 2 commercial units. One large 2 bedroom unit is vacant, and will be delivered vacant at COE. All units are separately metered for both gas and electricity. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on Feb. 05, 2019. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAC2

Interior

Heating Wall

Laundry Community

Exterior

Garage Spaces 7.0

Roof Type Flat, Rolled/Hot Mop

Building

Story 2

Water District

Structure Type Frame, Stucco

Others

Special Listing Condition Probate Listing

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