12121 Washington Place
Los Angeles, CA 90066
Active Under Contract for $1,700,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 5,005 sqft
| MLS | 24435216 |
| Year Built | 1960 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active Under Contract |
| Active Under Contract | $1,700,000 |
| Structure Size | N/A sqft |
| Lot Size | 5,005 sqft |
| Beds | N/A |
| Baths |
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.
Listing information courtesy of: Vineendra Jain, Ingenious Asset Group, Inc. 310-207-2288. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Christopher Chavez
REALTOR®
Direct: 213.399.5651
Email: Email Me
DRE: 02234688
DRE #01873088
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