$ 1,700,000
12121 Washington Place Los Angeles, CA 90066
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$ 1,700,000
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4,661 SqFt
$ 1,700,000
Est. payment | /mo
4,661 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 4,661 sqft
Price per Sqft $364
MLS Listing ID CL24435216
HOA Y/N No
Year Built 1960
Lot Size 5,005 Sqft
Acres 0.11
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 Listing
Zoning LAC2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Total Parking Spaces 7
Building
New Construction No
Others
Tax ID 4235029038
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Listed by Vineendra Jain • Ingenious Asset Group, Inc.
9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States