$2,100,000
12121 Washington Place, Los Angeles 90066
5,005
Lot Size
Listing Agent
Vineendra Jain - Ingenious Asset Group, Inc.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.
Facts & Features
MLS® # | 24369495 |
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Price | $2,100,000 |
Bathrooms | 0.00 |
Lot Size | 5,005 |
Year Built | 1960 |
Type | Commercial Sale |
Sub-Type | Mixed Use |
Status | Active |
# Of Units | 8 |
Community Information
Address | 12121 Washington Place |
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Area | C13 - Palms - Mar Vista |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90066 |
Amenities
Parking Spaces | 7 |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Wall Furnace |
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Has Basement | No |
Fireplace | No |
# of Stories | 2 |
Exterior
Exterior | Stucco, Frame |
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Lot Description | Rectangular Lot |
Roof | Flat, Rolled/Hot Mop |
Construction | Stucco, Frame |
Additional Information
Date Listed | March 18th, 2024 |
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Days on Market | 43 |
Zoning | LAC2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Vineendra Jain |
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Office | Ingenious Asset Group, Inc. |