Los Angeles, CA 90066,11417 Washington PL
Los Angeles, CA 90066,11417 Washington PL
Los Angeles, CA 90066,11417 Washington PL
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Aaron Cuha

Aaron Cuha

+1(714) 475-2255
$2,395,000
Est. payment /mo
12 Beds
13 Baths
8,750 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 8,750 sqft

Price per Sqft $273

MLS Listing ID 25577497

Bedrooms 12

HOA Y/N No

Year Built 1948

Lot Size 7,509 Sqft

Property Description

We are pleased to present the opportunity to acquire 11417 Washington Place, a prime 10-unit multifamily property located in the highly sought-after Mar Vista submarket of West Los Angeles. Situated just west of the 405 Freeway and south of Venice Boulevard, this property offers exceptional access to neighboring cities including Culver City, Marina del Rey, Santa Monica, and Venice Beach. Residents enjoy a premier lifestyle with proximity to Silicon Beach, home to major employers such as Google, Apple, YouTube, Snap Inc., Beats by Dre, Hulu, Amazon, Facebook, and more. This generational, two-story asset, built in 1948, comprises 8,750 rentable square feet on a 7,508 square foot LAR3-zoned lot. The well balanced unit mix includes 1 two-bedroom two bathroom unit, 2 two-bedroom, one-and-a-half-bath units, 6 one-bedroom one-bath units, and 1 studio unit. The property also offers alley access and 9 uncovered parking spaces, providing tenants with convenient parking in an area where it is otherwise limited. Offered at a 4.35% CAP Rate and a 13.48 GRM based on current rents, with significant upside potential to operate at a 9.17% CAP Rate and 7.80 GRM at market rents, this asset presents a compelling investment opportunity. Whether you are seeking long-term appreciation or cash flow, 11417 Washington Place is positioned in one of the most stable and desirable coastal markets in Los Angeles. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 9

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4214007006

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Casey Lins Kidder Mathews of California, Inc.

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Westwood Charter Elementary School

    Public | KG - 5

  • 10

    El Marino Elementary School

    Public | KG - 5

  • 10

    Farragut Elementary School

    Public | KG - 5

  • 9

    Grant Elementary School

    Public | PK - 5

  • 9

    Mar Vista Elementary

    Public | KG - 5

  • 9

    Clover Avenue Elementary School

    Public | KG - 5

  • 9

    Overland Elementary School

    Public | KG - 5

  • 9

    Citizens of the World 3

    Public | KG - 5

  • 9

    Playa del Rey Elementary

    Public | KG - 5

  • 9

    Cowan Avenue Elementary School

    Public | KG - 5

  • 9

    Canfield Avenue Elementary School

    Public | KG - 5

  • 8

    Broadway Elementary School

    Public | KG - 5

  • 8

    Coeur d'Alene Avenue School

    Public | KG - 5

  • 8

    Richland Avenue Elementary

    Public | KG - 6

  • 8

    Playa Vista Elementary

    Public | KG - 5

  • 8

    Ocean Charter

    Public | KG - 8

  • 8

    Castle Heights Elementary School

    Public | KG - 5

  • 8

    El Rincon

    Public | KG - 5

  • 8

    Open Charter Magnet

    Public | KG - 5

  • 7

    Nora Sterry Elementary School

    Public | KG - 5

Middle Schools 19
  • 8

    New West Charter

    Public | 6 - 10

  • 8

    The Incubator

    Public | 6 - 12

  • 7

    Palms Middle School

    Public | 6 - 8

  • 7

    Culver City Middle School

    Public | 6 - 8

  • 5

    Mark Twain Middle School

    Public | 6 - 8

  • 5

    Magnolia Science Academy 4

    Public | 6 - 12

  • 5

    Icef Vista Middle Academy

    Public | 6 - 8

  • 5

    Wright Middle School - STEAM Magnet

    Public | 6 - 8

  • 5

    Magnolia Science Academy 6

    Public | 6 - 8

  • 4

    Daniel Webster Middle School

    Public | 6 - 8

  • 3

    Animo Westside Charter Middle School

    Public | 6 - 8

  • 2

    Marina Del Rey School

    Public | 6 - 8

  • 0

    Fusion Academy - los Angeles

    Private | 6 - 12

  • 0

    City Charter Middle School

    Public | 6 - 8

  • 0

    James J. Mcbride Special Education Center

    Public | 6 - 12

  • 0

    Windward School

    Private | 7 - 12

  • 0

    Westview School

    Private | 7 - 12

  • 0

    Angela's Workshop

    Private | 6 - 12

  • 0

    Star Preparatory Academy

    Private | 6 - 12

High Schools 11
  • 8

    Culver City High School

    Public | 9 - 12

  • 7

    Animo Venice Charter High School

    Public | 9 - 12

  • 6

    University High School Charter

    Public | 9 - 12

  • 6

    Venice High School

    Public | 9 - 12

  • 5

    Alexander Hamilton High School

    Public | 9 - 12

  • 0

    Arete Preparatory Academy

    Private | 9 - 12

  • 0

    Phoenix Continuation

    Public | 9 - 12

  • 0

    Notre Dame Academy Girls High School

    Private | 9 - 12

  • 0

    Culver Park High School

    Public | 10 - 12

  • 0

    Cheviot Hills Continuation

    Public | 9 - 12

  • 0

    Yula Girls High School

    Private | 9 - 12

School and business data provided by Attom Data.

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Aaron Cuha

Aaron Cuha

+1(714) 475-2255

Broker | License ID: 1197089

Broker License ID: 1197089

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