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14-Unit Apartment Portfolio
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3996 Wade St & 12629 Washington Pl, Los Angeles, CA 90066

Two contiguous parcels combine apartment buildings with varied floor plans and on-site parking.

Property SizeContact for details
Days on Market143

Property Features for 3996 Wade St & 12629 Washington Pl

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 14

Building Details

Buildings 2
Listing Agency: Marcus & Millichap - South Bay
Listed By: Steve "Bogie" Bogoyevac · License #CA 01332755
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:10AM

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 Marcus & Millichap - South Bay

Investment Insights

Based on property information with market context.

This Los Angeles apartment portfolio comprises 14 units across two contiguous parcels. One two-story building, completed in 1958, contains eight one-bedroom, one-bath apartments and two two-bedroom, one-bath apartments. Its parking includes 10 tuck-under spaces and five tandem surface spaces. The adjacent two-story fourplex, built in 1956, contains four two-bedroom, two-bath units with floor plans averaging over 1,000 square feet. Four single-car garages and a second-floor deck above the garages are also included.

The properties sit near the boundary of the Mar Vista and Culver-West neighborhoods, approximately two miles from the Venice Pier. The assets are offered together, with separate acquisition possible subject to simultaneous sale of the other property.

Key Highlights

  • 14 units across two contiguous parcels
  • Eight one‑bedroom and two two‑bedroom units at the 1958 building
  • Four two‑bedroom, two‑bath units averaging over 1,000 square feet

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Restaurant Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

2,296
Businesses Nearby

Demographics for 90066, CA

55,304
Population
26,591
Households
2.1
Avg Household Size
38
Median Age
61%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
11,522
Density / Sq Mi
$107,786
Median Household Income
$67,298
Median Earnings
$2,211
Median Rent
$1,636,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two contiguous parcels combine apartment buildings with varied floor plans and on-site parking.
Where is this apartment building located?
The property is located at 3996 Wade St & 12629 Washington Pl Los Angeles, CA.
What are key features of this property?
This property features: 14 units across two contiguous parcels; Eight one‑bedroom and two two‑bedroom units at the 1958 building; Four two‑bedroom, two‑bath units averaging over 1,000 square feet
More about this property
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