11401 Washington Pl

Los Angeles, CA 90066

We proudly present 11401 Washington Pl, a 2-story, 10-unit value-add multi-family investment opportunity in the highly sought-after Mar Vista neighborhood of West Los Angeles, conveniently situated at the corner of Bledsoe Ave and Washington Pl, just south of Venice Blvd and west of Sawtelle Blvd.

Sales Price $3,225,000

Beds

13

Baths

10

Home Size

7129 Sq. Ft.

Lot Size

7756 Sq. Ft.

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We proudly present 11401 Washington Pl, a 2-story, 10-unit value-add multi-family investment opportunity in the highly sought-after Mar Vista neighborhood of West Los Angeles, conveniently situated at the corner of Bledsoe Ave and Washington Pl, just south of Venice Blvd and west of Sawtelle Blvd.

Built in 1954, this value-add 7,129 square feet apartment complex consists of 3 (2+1) units with 825 square feet 7 (1+1) units averaging 650 gross livable square feet and (averaging 713+/- square feet per unit), on a 7,753 square foot lot with 7 parking spaces (1 parking space/unit). Unit highlights include hardwood floors, good closet space in the hallway, and good natural sunlight as and newer windows units Unit kitchens feature ample cabinet space and a separate dining area, giving units a large and spacious feel, and some units have stainless steel ovens. The building has on-site laundry and is separately metered for gas and electricity. Boasting an excellent Walk Score and a Bike Score of 95, 11401 Washington Pl offers residents a world-class location for recreation, entertainment, shopping, dining venues, and employment centers within Mar Vista and its adjacent westside neighborhoods, including Venice Beach, Santa Monica, Marina Del Rey, Culver City, Westwood, Century City, and Beverly Hills. Mar Vista, dotted with picturesque, palm-tree-lined streets, is renowned for its vibrant community and significant transformation fueled by the growth of Silicon Beach. The proximity to major tech and finance employers further elevates Mar Vista's status as a coveted locale for young professionals, families, and students. Residents enjoy easy access to a dynamic blend of innovative dining, shopping, and residential projects, such as The Platform, Culver Center, and the Mar Vista Recreation Center, underscoring the area's appeal to a diverse and highly educated demographic. The neighborhood reflects a unique blend of suburban tranquility and urban convenience, making it an unrivaled choice for those seeking a balanced and enriched lifestyle.11401 Washington Pl is a prime, value-added investment opportunity with ADU potential on an excellent residential street in the coveted West Side's Mar Vista/Silicon Beach community. This asset will benefit from significant tenant demand, historically low vacancy rates, and consistently high rental growth rates. This premium asset is poised to enjoy excellent cash flow and considerable appreciation for the foreseeable future.

This home located at 11401 Washington Pl is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $3,225,000. It has 13 beds and 10 bathrooms. The property was built in 1954. 11401 Washington Pl is in the Palms - Mar Vista community of Los Angeles County.

Quick Facts

  • 8 days on market
  • Built in 1954
  • Total parking spaces 7Car
  • Assigned, Garage Is Attached
  • Community | Palms - Mar Vista
  • MLS# | 24-403395

Features

  • Wall/Window, Ceiling Fan Cooling
  • Wall Heat
Connect with an agent
(32)

Meredith Gruszka

Partner | DRE #02013805

Listed By Matthew R. Kanner · Keller Williams Realty Los Feliz

Explore Mar Vista, CA

This neighborhood nestled in between Venice and Palms is the most up and coming area on the Westside of Los Angeles.

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