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    11411-- 11413 Washington Pl

    Los Angeles, CA 90066
    • $1,600,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 21-752388
    UPDATED: 28 min ago
    $1,600,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $533
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    4-plex in great Mar Vista location, ideally situated near Culver City, Marina Del Rey and Silicon Beach. Ideal unit mix with two 2 bedroom unit and two 1 bedroom units. Close to restaurants, entertainment and trendy retail corridors. Great walk Score and Transit Score. The building has a history of very low vacancy, is well-cared for and has great rental upside. The property currently has a large detached four (4) car garage, offering an investor the perfect opportunity to take advantage of current ADU laws to convert these to an additional unit or build on top of them. Ownership has plans for both options. Two garages are being rented as storage units at $450 & $400/ month for additional income! // Current CAP 3.26%, Proforma CAP 5.04%// DO NOT DISTURB TENANTS - INSIDE WITH ACCEPTED OFFERS ONLY.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T13:43:02.057. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/118676333
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    11411-- 11413 Washington Pl Los Angeles, CA 90066

    • Price: $1,600,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: 21-752388
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,000
    SQFT
    $533
    $/SQFT
    1952
    Built
    Neighborhood:
    Palms - Mar Vista
    County:
    Los Angeles
    Area:
    Palms - Mar Vista
    Property Description
    4-plex in great Mar Vista location, ideally situated near Culver City, Marina Del Rey and Silicon Beach. Ideal unit mix with two 2 bedroom unit and two 1 bedroom units. Close to restaurants, entertainment and trendy retail corridors. Great walk Score and Transit Score. The building has a history of very low vacancy, is well-cared for and has great rental upside. The property currently has a large detached four (4) car garage, offering an investor the perfect opportunity to take advantage of current ADU laws to convert these to an additional unit or build on top of them. Ownership has plans for both options. Two garages are being rented as storage units at $450 & $400/ month for additional income! // Current CAP 3.26%, Proforma CAP 5.04%// DO NOT DISTURB TENANTS - INSIDE WITH ACCEPTED OFFERS ONLY.
    Exterior Features

    Covered Parking 4 Lot Size Area 4997 Other Structures None Parking Garage GarageDetached Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling Wall Unit(S) Equipment Garbage DisposalRange/Oven Flooring Mixed Heating Wall Laundry CommunityOutsideRoom

    Property Features

    Assessed Total Value 1077738 Gross Income 87504 Gross Operating Income 86079 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 52110.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 33969 Type Of Units Apartments Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Eric Sackler DRE#01057377 of Coldwell Banker Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T13:43:02.057. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583