11417 Washington Place
Los Angeles, CA, 90066 $ 2,395,000
Bedrooms12 Baths1.0 Sq 8,750 Monthly Estimate*
$ 14,942
Listed by Kidder Mathews of California, Inc.
for $2,395,000 with 12 bedrooms and 1 full bath. This 8,750 square foot home was built in 1948 on a lot size of 0.1724.
We are pleased to present the opportunity to acquire 11417 Washington Place, a prime 10-unit multifamily property located in the highly sought-after Mar Vista submarket of West Los Angeles. Situated just west of the 405 Freeway and south of Venice Boulevard, this property offers exceptional access to neighboring cities including Culver City, Marina del Rey, Santa Monica, and Venice Beach. Residents enjoy a premier lifestyle with proximity to Silicon Beach, home to major employers such as Google, Apple, YouTube, Snap Inc., Beats by Dre, Hulu, Amazon, Facebook, and more. This generational, two-story asset, built in 1948, comprises 8,750 rentable square feet on a 7,508 square foot LAR3-zoned lot. The well balanced unit mix includes 1 two-bedroom two bathroom unit, 2 two-bedroom, one-and-a-half-bath units, 6 one-bedroom one-bath units, and 1 studio unit. The property also offers alley access and 9 uncovered parking spaces, providing tenants with convenient parking in an area where it is otherwise limited. Offered at a 4.35% CAP Rate and a 13.48 GRM based on current rents, with significant upside potential to operate at a 9.17% CAP Rate and 7.80 GRM at market rents, this asset presents a compelling investment opportunity. Whether you are seeking long-term appreciation or cash flow, 11417 Washington Place is positioned in one of the most stable and desirable coastal markets in Los Angeles. Contact the listing broker for additional information.
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FeaturesGeneralLiving Area 8750
Heating Wall Furnace
Zoning LAR3
Year Built 1948
Stories Count 2
Levels Two
Gross Income 177732
County Los Angeles
Net Operating Income 104188
New Construction 0
Property Type Residential Income
HOA 0
Full Baths 0
Special Listing Conditions Standard
Status Pending
Directions Google Maps: 11417 Washington Pl Los Angeles CA 90066
City Los Angeles
Senior Community Y/N 0
Open Parking Spaces 9
Number Of Units Total 10
MLS Area C13 - Palms - Mar Vista
Lot Size Units Square Feet
Lot Size Square Feet 7508
Property Attached Y/N 1
Additional Parcels Y/N 0
Rent Control Y/N 1
Standard Status Pending
Year Built Source Assessor
Cap Rate 4.35
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InteriorTotal Stories 2
Common Walls 1 Common Wall
Heating Y/N 1
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 12
Total Baths 13
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ExteriorParking Features Uncovered
Total Parking 9
Lot Size Area 7508
Number of Buildings 1
Building Area Total 8750
Lot Size Acres 0.1724
Lot Size Source Assessor
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* Excluded FeaturesList ByKidder Mathews Of California, Inc.Broker
Casey.Lins@kidder.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $14,942
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,904,395
Percent of Sale Price 20%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/20/2025 | $2,395,000 | | Listed Price |