2 months on rocket

11516 Washington Pl, Los Angeles, CA, 90066

$2,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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11516 Washington Pl, Los Angeles$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage4 spaces
Year Built1950
CoolingWhole House Fan, Wall/Window Unit(s)
FireplaceNone
MLS #MB24174977
Lot Size0.12 Acres
StatusActive

About 11516 Washington Pl

Prime Investment Opportunity in Vibrant Culver City! Discover this exceptional 4-plex in a highly sought-after Culver City location! This well-maintained property features four spacious and sunlit two-bedroom, one-bath units, each designed for comfortable living. All units are currently rented, offering immediate income potential. Each unit includes a private garage with laundry hookups, adding convenience and value for tenants. The property is efficiently managed with separate electric and gas meters for each unit, while a single water meter serves the entire building. This setup ensures streamlined utility management and cost-effectiveness. Ideally positioned just minutes from the 405 and 10 freeways, this property provides unbeatable access to the beach, trendy downtown Culver City, Westwood, and Downtown LA. Although the address boasts a Los Angeles zip code, it’s situated in Culver City proper, granting residents access to the area's top amenities, including a responsive Fire and Police Department and the highly acclaimed Culver City School District. Culver City is a hub of creativity and culture, steeped in movie-making history and offering a vibrant dining and nightlife scene. From globally inspired eateries and gastropubs to cozy cocktail bars, there’s something for everyone. Whether you’re an investor seeking excellent income potential or a homeowner looking for a charming place to call home, this incredible opportunity in Culver City is not to be missed!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (213) 245-0468
  • Listing Agent: GIOVANNI MORALES

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Cooling: Whole House Fan, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: exit Venice Blvd on the 405

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000

Tax Information:

  • Annual Amount: $5,088
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

11516 Washington Pl vs Los Angeles

86 DAYS ON ROCKET

+48 Days

$2,100,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #MB24174977

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (213) 245-0468
  • Listing Agent: GIOVANNI MORALES

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: 11/17/2024, 9:21:01 AM 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$5,088$108,657
2020$4,811$107,543
2019$4,471$105,435
2018$14,240$103,368
2017$14,240$984,848

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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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-359559
5
/10
  • Grand View Boulevard Elementary School

  • 3951 Grand View Blvd

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-359560
6
/10
  • Icef Vista Elementary Academy

  • 4471 Inglewood Blvd

  • 0.71 miles

  • Public Charter Grades KG-5

school-card-donut-359561
5
/10
  • Stoner Avenue Elementary School

  • 11735 Braddock Dr

  • 0.77 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,869. Typical income of Los Angeles, CA residents is between $100k-200k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles9006611516 Washington Pl

This home is located at 11516 Washington Pl in Los Angeles, CA and zip code 90066 in the McLaughlin neighborhood. This home, which was built in 1950, sits on a 0.12 acre lot. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $2,100,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

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

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