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$2,795,000
New Listing

11401 Washington Place
Los Angeles, CA 90066

For Sale|Residential Income|Active
13
Beds
10
Total Baths
7,129
SqFt
$392
/SqFt
1954
Built
County:
Los Angeles
Listed by Jonathan Nikfarjam of Shield CRE, Inc. [email protected]

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11401 Washington Place11401 Washington Place11401 Washington Place11401 Washington Place
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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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Listing Snapshot
Price 
$2,795,000
Days On Site 
0 Days
Bedrooms 
13
Inside Area (SqFt) 
7,129 sqft
Total Baths 
10
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.178 Acres
Year Built 
1954
MLS® Number 
26851705
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
12 hours agoListing first seen on site
General Features
Acres 
0.178
Garage 
Yes
Garage Spaces 
7
Levels 
Two
Number Of Stories 
2
Parking 
Garage
Parking Spaces 
7
Special Circumstances 
Standard
SqFt Total 
7129
Zoning 
LAR3
Interior Features
Laundry Features 
Laundry Room
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Community Features
MLS Area 
C13 - Palms - Mar Vista


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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