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For sale
  • $1,250,000

    12029 Washington Pl, Los Angeles, CA 90066

    4beds
    3baths
    2,336sqft
    : 
    $8,327/mo
    Get pre-qualified
    Multi Family
    Built in 1950
    -- sqft lot
    $1,234,900 Zestimate®
    $535/sqft
    $-- HOA

    What's special

    Framed by a charming white picket fence and mature palms, this bright Mar Vista triplex presents a premier Westside investment opportunity with substantial value-add potential. The property features an ideal unit mix consisting of one 2-bedroom home and two 1-bedroom units, complemented by an attached garage generating additional income. Fully occupied and professionally managed, the property offers immediate, stable cash flow with exceptional long-term upside. Current rents sit approximately one-third below market value, representing a projected 52% increase in rental income upon unit turnover. Major capital improvements have already been addressed, including a brand-new main sewer line completed in 2026. Ideally situated just minutes from Silicon Beach, Culver City, coastal beaches, and the 405/10 freeways, this high-demand location ensures historically low vacancy. Whether you are a seasoned investor looking for a clear path to optimization or an owner-user looking to supplement your mortgage, this property qualifies for standard 1- 4 unit residential financing.
    39 days
    |
    863
    |
    48
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Vince Peagler III DRE # 02207540 310-775-1077,

    Pardee Properties 310-907-6517,

    Tamra (Tami) Pardee DRE # 01421451 310-907-6517,

    Pardee Properties

    Source: CLAW,MLS#: 26848573MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Heating
      • Solar, Other
      Cooling
      • None
      Appliances
      • Included: Dishwasher
      Interior area
      • Total structure area: 2,336
      • Total interior livable area: 2,336 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Assigned, Attached
      • Attached garage spaces: 3
      Features
      • Levels: Multi/Split,One
      Lot
      • Size: 5,005 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 4235029008
      • Zoning: LAR3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family
      Condition
      • Year built: 1950

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $535/sqft
      • Tax assessed value: $710,882
      • Annual tax amount: $8,941
      • Date on market: 6/17/2026

        Estimated market value

        $1,234,900

        $1.17M - $1.30M

        $3,619/mo

        Price history

        DateEventPrice
        6/17/2026Listed for sale$1,250,000-7.4%$535/sqft
        Source: CLAW #26848573 Report a problem
        8/20/2021Listing removed--
        Source: CLAW Report a problem
        8/18/2021Listed for sale$1,350,000-15.1%$578/sqft
        Source: CLAW #21763292 Report a problem
        11/1/2020Listing removed$1,590,000$681/sqft
        Source: Pony Realty & Investment #20611254 Report a problem
        7/30/2020Listed for sale$1,590,000+22.3%$681/sqft
        Source: Pony Realty & Investment #20611254 Report a problem
        5/28/2019Listing removed$1,300,000$557/sqft
        Source: Keller Williams Beach Cities #SB18296832 Report a problem
        1/26/2019Price change$1,300,000-7.1%$557/sqft
        Source: Keller Williams Beach Cities #SB18296832 Report a problem
        12/28/2018Price change$1,400,000-5.4%$599/sqft
        Source: Keller Williams Beach Cities #SB18296832 Report a problem
        10/5/2018Price change$1,480,000-5.1%$634/sqft
        Source: Pony Realty & Investment #18391064 Report a problem
        9/28/2018Listed for sale$1,560,000+41.8%$668/sqft
        Source: The MLS #18391064 Report a problem
        3/9/2016Listing removed$1,100,000$471/sqft
        Source: Keller Williams Centinela #15-951011 Report a problem
        6/8/2015Listed for sale$1,100,000+120%$471/sqft
        Source: Keller Williams-Santa Monica #15-909025 Report a problem
        10/20/2003Sold$500,000$214/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,941 +1.4%$710,882 +2%
        2024$8,817 +1.9%$696,944 +2%
        2023$8,654 +4.7%$683,279 +2%
        2022$8,265 +1.3%$669,882 +2%
        2021$8,155 -1%$656,748 +1%
        2020$8,235 $650,015 +2%
        2019$8,235 +4.9%$637,270 +2%
        2018$7,850 $624,775 +2%
        2017$7,850 +2.1%$612,525 +2%
        2016$7,685 +2.5%$600,515 +1.5%
        2015$7,500 +0.9%$591,495 +2%
        2014$7,434 $579,909 +2.5%
        2012-- $565,971 +2%
        2011-- $554,874 +0.8%
        2010-- $550,728 -0.2%
        2009-- $552,037 +2%
        2008-- $541,214 +2%
        2007-- $530,603 +2%
        2006-- $520,200
        2005-- $520,200 +4%
        2004-- $500,000 +20.6%
        2003-- $414,613 +34.2%
        2002-- $309,000
        2000-- $309,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mar Vista

        Getting around

        82 / 100
        Very Walkable
        52 / 100
        Good Transit
        90 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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