11852 WASHINGTON Place
Mar Vista, CA, 90066 $ 6,999,999
Baths2.0 Sq 10,112 Monthly Estimate*
$ 43,100
Listed by Home Smart Realty Group
Studio for $6,999,999 with 2 full baths. This 10,112 square foot home was built in 1990 on a lot size of 0.2636.
8 UNITS CONDOMINIUMS (7 BUILT IN 1990) AND ONE 3 BEDROOMS, 2 BATHROOMS SINGLE FAMILY RESIDENCE ON 5,000 SQUARE FOOT LOT. EACH UNIT HAS ITS OWN APN. ALL THE UNITS HAVE BEEN COMPLETELY RENOVATED: NEW KITCHEN, NEW REFRIGERATOR, NEW STOVE, NEW MICROWAVE, NEW DISHWASHER, AND NEW WASHER AND DRYER. THE CONDOS ARE INDIVIDUALLY METERED FOR GAS AND ELECTRIC. 7 UNITS HAVE FIREPLACES. THERE ARE TWO PARKING SPACES FOR EACH CONDO. LOCATION, LOCATION: PRIME MAR VISTA, JUST MINUTES FROM UCLA, ANTIOCH UNIVERSITY, SOUTHERN CALIFORNIA INSTITUTE OF ARCHITECTURE, LOYOLA MARYMOUNT UNIVERSITY, THE BEACH AND THE TECH HUBS SILICON BEACH WHICH ENCOMPASSES THE FOLLOWING COMMUNITIES: SANTA MONICA, VENICE BEACH, PLAYA VISTA, PLAYA DEL REY, EL SEGUNDO, MANHATTAN BEACH, ... EASY ACCESS TO THE FREEWAYS. THE BUILDING IS IN HIGH DEMAND RENTAL AREAS. GOOD FOR INVESTORS TO HOLD IT AND SALE EACH CONDO IN THE FUTURE.
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FeaturesGeneralSewer Public Sewer
Garage Spaces 16
Pool Features None
Year Built 1990
Tenant Pays All Utilities
Property Subtype Condominium
Gross Income 250000
Community Features Urban
County Los Angeles
Net Operating Income 257000
Operating Expense 100000
Insurance Expense 5600
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions S CENTINELA AVE/ WASHINGTON PL
City Mar Vista
Entry Location 1
Senior Community Y/N false
Number Of Units Total 8
MLS Area C13 - Palms - Mar Vista
Lot Size Units Square Feet
Lot Size Square Feet 11482
Listing Terms Cash to New Loan Contract
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 56
Property Sub Type Additional Condominium
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InteriorTotal Stories 2
Common Walls 2+ Common Walls
Laundry Features Inside
Entry Level 1
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ExteriorWater Source Public
Total Parking 16
Lot Size Area 11482
Number of Buildings 2
Building Area Total 10112
Lot Size Acres 0.2636
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
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* Excluded FeaturesList ByHome Smart Realty GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $43,100
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 Mar Vista, CA
Average List Price $6,999,999
Percent of Sale Price 0%
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 |
|---|
| 2/25/2026 | $6,999,999 | -2.22% | Price Down |
| 1/27/2026 | $7,159,000 | | Listed Price |