12121 Washington Place
Los Angeles, CA 90066
0.11 acres | #24435216
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.
Property Details
- Lot DescriptionRectangularLot
- Stories2
Measurements
- Acres0.1149
Construction Details
- Property TypePurchase
Condition
- Year Built1960
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,700,000
Other
- MLS #24435216
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Vineendra Jain (#CLW-C108247)
Listing Office: Ingenious Asset Group, Inc. (#CLW-X80093)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
