12121 Washington Place, Los Angeles CA, 90066
(Active)
$2,100,000
|
4,661 sqft
|
MLS# 24369495
Last Updated: 4/27/2024 1:20 AM
Description for
12121 Washington Place
Los Angeles, CA 90066
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.
Price
$2,100,000
Los Angeles
4,661 (approx)
24369495
Active
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.
Listing Information
| Property Type: Mixed Use, Business Opportunities, 2 Story | ||
| 0.11 Acres | Assessor | 4,661 (approx) |
| 1960 | 2 | Frame,Stucco |
| Multi-Family | ||
Public
Neighborhood
Room Information
Common Area
Interior Features
Other,
Wall Furnace
Carbon Monoxide Detector(s),Smoke Detector(s)
Exterior / Lot Features
7 Parking Spaces,
0 Covered Parking Spaces,
Stucco, Frame
Flat, Rolled, Hot Mop
LAC2
Rectangular Lot
Community Features
Carbon Monoxide Detector(s),Smoke Detector(s)
Driving Directions
South of Venice Blvd, West of Inglewood Blvd, East of S Centinela Ave and North of Washington Pl
Financial Considerations
| 4235029038 |
Cash,Court Approval
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90066 has a population of 3,956,168.
The median household income in Los Angeles, California 90066 is $88,374. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90066 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/22/2024 | Active | $2,100,000 USD |
|