12029 Washington Pl, Los Angeles, CA 90066

Building Details

Year Built

1950

Listing office Pardee Properties

Listing date Jun 17, 2026

Source Rochellemaize

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Pardee Properties

Report an issue

---

Overview

This bright Mar Vista triplex features an ideal unit mix of one 2-bedroom home and two 1-bedroom units. An attached garage provides additional income, and the property is fully occupied and professionally managed. The frontage is framed by a charming white picket fence and mature palms, contributing to a welcoming curb presence. Major capital work has been addressed with the completion of a brand-new main sewer line in 2026.

Located just minutes from Silicon Beach, Culver City, coastal beaches, and the 405/10 freeways, the property is positioned for strong day-to-day renter demand. The surrounding Westside setting supports a residential income use case.

For investors, the current configuration offers immediate occupancy with an income-producing garage component, while the unit mix supports flexible leasing options across 1- and 2-bedroom households. The seller’s remarks state that current rents are approximately one-third below market and that optimization is possible upon turnover. The property is offered for sale and, according to the remarks, qualifies for standard 1-4 unit residential financing.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Los Angeles

County

Los Angeles

State

California

Longitude

-118.42647

Latitude

34.00155

Nearby Similar for Sale

• 

  $2,600,000

  10,944 SF

  Los Angeles Commercial Investment Opportunity

  Prime investment property in the heart of the Fashion District.

  1212 S San Pedro Street, Los Angeles, CA 90015

  View Details
• 

  $1,199,999

  2,526 SF

  Los Angeles Retail Opportunity

  Single-tenant retail asset with high visibility and growth potential.

  4254 Floral, Los Angeles, CA 90063

  View Details
• 

  $3,990,000

  8,688 SF

  Prime Automotive Land in Los Angeles

  Six parcels with buildings in established automotive corridor.

  125 E Florence Ave, Los Angeles, CA 90003

  View Details
• 

  $950,000

  3,040 SF

  Los Angeles Industrial Owner-User Opportunity

  Rare industrial building in central Los Angeles, ideal for owner-users.

  1915 S Santa Fe, Los Angeles, CA 90021

  View Details
• 

  $1,175,000

  1,617 SF

  Eagle Rock Commercial/Residential Opportunity

  Commercially zoned property in Eagle Rock, ideal for live/work.

  1063 Colorado, Los Angeles, CA 90041

  View Details
• 

  $1,390,000

  2,373 SF

  Corner Retail Property with Billboard

  Corner retail building with three month-to-month storefront units, plus a separate vacant freestanding building.

  3615 Beverly Boulevard, Los Angeles, CA 90004

  View Details
• 

  $1,995,000

  10,233 SF

  Corner Lot Multi-Structure Apartment Building

  Twelve-unit multifamily asset on a LARD1.5 corner lot with a mix of studio and apartment layouts plus on-site parking.

  117 N St Louis, Los Angeles, CA 90033

  View Details
• 

  $3,000,000

  3,190 SF

  Medical Office Complex Corner Assemblage

  Two-building medical office complex on three contiguous lots in a multi-family/commercial hybrid zone.

  4760 S Figueroa, Los Angeles, CA 90037

  View Details
• 

  $1,899,800

  4,068 SF

  Modern Triplex with Duplex and Rear Unit

  2023-built triplex featuring a front duplex and a detached rear unit, each with in-unit laundry and attached garages.

  844 W 78th Street, Los Angeles, CA 90044

  View Details
• 

  $1,849,000

  5,196 SF

  Seven-Unit Multifamily Property

  Seven-unit residential income property with newly built non-rent-controlled units and a renovated rear building value-add component.

  1023 E 28th, Los Angeles, CA 90011

  View Details
• 

  $1,350,000

  5,986 SF

  Fourplex with In-Unit Laundry

  Four-unit residential income property with in-unit laundry and separately metered gas and electricity.

  2156 City View Ave, Los Angeles, CA 90033

  View Details
• 

  $3,500,000

  10,470 SF

  Gated Apartment Building with Solar

  Gated 10-unit apartment building with central A/C, solar panels, and multiple covered parking options.

  1188 Innes Ave, Los Angeles, CA 90026

  View Details

FAQs

What type of property is this?

Triplex - Well-managed triplex with a 2-bedroom plus two 1-bedroom units and an attached garage for added income.

Where is this triplex located?

The property is located at 12029 Washington Pl Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Mar Vista triplex built in 1950, featuring 1 attached garage and a unit mix of one 2‑bedroom and two 1‑bedroom units; Property is fully occupied and professionally managed, providing immediate, stable rental income; Current rents are approximately one‑third below market, with projected 52% rental income increase upon unit turnover