Homes for sale - 12121 Washington PL, Los Angeles, CA 90066

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Sally Baik

sally@sallybaikrealestate.com +1(818) 572-3417

$ 1,700,000

Est. payment | -/mo

5,005 Sqft Lot

Save

$ 1,700,000

Est. payment | -/mo

Save

5,005 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24435216

HOA Y/N No

Year Built 1960

Lot Size 5,005 Sqft

Property 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.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAC2

Interior

Heating Wall Furnace

Fireplace No

Laundry Common Area

Exterior

Roof Type Flat,Rolled/Hot Mop

Total Parking Spaces 7

Building

Lot Description Rectangular Lot

Story 2

Water Public

Others

Tax ID 4235029038

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Court Approval

Listing Terms Cash, Court Approval

Financing Cash

Special Listing Condition Probate Listing

Listed by Vineendra Jain • Ingenious Asset Group, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 572-3417

sally@sallybaikrealestate.com

232 W Olive Ave #20, la Habra, California, 90631, USA

12121 Washington PL Los Angeles, CA 90066