11401 Washington Place
Los Angeles, CA, 90066 $ 2,795,000
Bedrooms13 Baths1.0 Sq 7,129 Monthly Estimate*
$ 17,648
Listed by Shield CRE, Inc.
for $2,795,000 with 13 bedrooms and 1 full bath. This 7,129 square foot home was built in 1954 on a lot size of 0.178.
10-Unit Investment Opportunity in Mar Vista: Well-located Westside apartment asset in one of Los Angeles' most desirable rental markets. Recent System Upgrades: Plumbing and electrical systems were upgraded in 2025. Prime Westside Location: Convenient access to Marina Del Rey, Venice, Santa Monica, Culver City, and Playa Vista, providing tenants with premier dining, entertainment, beach, and lifestyle amenities. Income-Generating Amenities & ADU Potential: 7 garages and on-site laundry facility generate additional income, while the 7,753-SF lot and parking area present desirable opportunity to add ADUs (Buyer to Verify). Strong Cash Flow & Rental Upside: Offering a 5.30% current cap rate and 12.30 GRM with upside to a 7.39% pro-forma cap rate and 9.64 GRM. Attractive Unit Mix: Comprised of (3) 2-bedroom/1-bathroom units and (7) 1-bedroom/1-bathroom units, including one vacant 1-bedroom unit.Renovated Units: Select units feature hardwood floors, newer windows, quartz countertops, and modern kitchen and bathroom upgrades. Adjacent to Silicon Beach: Close proximity to Sony Pictures, Amazon Studios, Google, Meta, Apple, One Culver, Electronic Arts, Snap, Hulu, and other major Westside employers supporting strong tenant demand.
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FeaturesGeneralLiving Area 7129
Zoning LAR3
Garage Spaces 7
Year Built 1954
Stories Count 2
Levels Two
Gross Income 242771
County Los Angeles
Net Operating Income 148170
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions West of Sawtelle Boulevard South of Venice Boulevard North of Washington Boulevard East of McLaughlin Avenue
City Los Angeles
Senior Community Y/N false
Number Of Units Total 10
MLS Area C13 - Palms - Mar Vista
Lot Size Units Square Feet
Lot Size Square Feet 7753
Additional Parcels Y/N false
Standard Status Active
Year Built Source Other
Cap Rate 5.3
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InteriorTotal Stories 2
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Room
Total Bedrooms 13
Total Baths 10
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ExteriorParking Features Garage
Total Parking 7
Lot Size Area 7753
Number of Buildings 1
Building Area Total 7129
Lot Size Acres 0.178
Lot Size Source Other
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
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* Excluded FeaturesList Byjonathan@shieldcre.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $17,648
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $1,907,446
Percent of Sale Price 32%
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 |
|---|
| 6/24/2026 | $2,795,000 | | Listed Price |