5 months on rocket

11401 Washington Pl, Los Angeles, CA, 90066

$3,225,000

13 Bedrooms
10 Baths
7,129 SqFt
$452/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingAssigned
Attached GarageYes
Year Built1954
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #24403395
Lot Size0.18 Acres
StatusActive

About 11401 Washington Pl

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.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 0
  • Living Area: 7,129 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Matthew R. Kanner

Interior Features

Interior Information:

  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 13

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: 11401 Washington Pl is ideally situated at the border of Mar Vista and Culver City, just 0.4 miles south of Venice Blvd., 0.3 miles southwest of the 405 Fwy, 0.5 miles north of Washington Blvd, and 0.2 miles east of McLaughlin Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,225,000
  • Price Per SqFt: $452/SqFt

Tax Information:

  • Annual Amount: $12,898
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

11401 Washington Pl vs Los Angeles

164 DAYS ON ROCKET

+126 Days

$3,225,000

+$2.2M More

$452/SqFt

-$189 Less

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $189/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24403395

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Matthew R. Kanner

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$12,898$983,305
2020$12,539$972,927
2019$12,421$953,851
2018$12,131$935,149
2017$12,131$916,814

History based on county public records data.

Payment Calculator

$16.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,735

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1156025
5
/10

  • Grand View Boulevard Elementary School

  • 3951 Grand View Blvd

  • 0.70 miles

  • Public District Grades KG-5

school-card-donut-1156026
5
/10

  • La Ballona Elementary School

  • 10915 Washington Blvd

  • 0.70 miles

  • Public District Grades KG-5

school-card-donut-1156027
7
/10

  • Charnock Road Elementary

  • 11133 Charnock Rd

  • 0.77 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,091. The majority of Los Angeles, CA residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11401 Washington Pl

What is the listing price of this property?

The listing price of 11401 Washington Pl property is $3,225,000.

What type of property is this?

The property 11401 Washington Pl is a house located in Los Angeles, California, 90066.

Is this property for sale now?

Active Listing: 11401 Washington Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,898 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 11401 Washington Pl has 13 bedrooms and 10 bathrooms.

What is the square footage of this property?

The property 11401 Washington Pl is 7,129 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11401 Washington Pl is 1954.
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Rocket Homes›California›Los Angeles County›Los Angeles›90066›11401 Washington Pl

This home is located at 11401 Washington Pl in Los Angeles, CA and zip code 90066 in the South Mar Vista neighborhood. This 7,129 square foot home, which was built in 1954, sits on a 0.18 acre lot. Features: 13 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $3,225,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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