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12121 Washington Place Los Angeles CA 90066 MLS #24435216

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.

Property Details

Price:
$1,700,000
MLS #:
24435216
Status:
Active Under Contract
Baths:
0
Address:
12121 Washington Place
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
c13palmsmarvista
City:
Los Angeles
Listed Date:
Oct 16, 2024
State:
CA
ZIP:
90066
Year Built:
1960

Schools

Interior

Heating
Wall Furnace

Exterior

Parking Spots
7.00
Roof
Flat, Rolled/ Hot Mop
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Stories Total
2
Water Source
Public

Financial

Map

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12121 Washington Place
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