$6,999,999
-$159,00111852 WASHINGTON Place, Mar Vista CA 90066
Multi-Family (8 Units)
Property type
297 days
On market
$692
Price per sqft
16 cars
Garage
1990
Year built
11,482 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Messou Attai DRE #01235440 310-497-7963, Home Smart Realty Group
Listing updated: May 29, 2026 at 08:51am.
Last checked: Jun 14, 2026 at 10:00am
Source: CRMLS #SB25190939
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 2 | 2 | 2 | $3,700 | $3,700 | $3,900 | Unfurnished |
# of Buildings: 2
# of Units Total: 8
Separate Electric Meters: 9
Separate Gas Meters: 9
Separate Water Meters: 1
Rent Control: No
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
19.6x
List Price / Annual Gross Rent
Cap Rate
3.67%
NOI / List Price
Gross Scheduled Income: $357,000
Operating Expense: $100,000
Net Operating Income: $257,000
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $5,600
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Inside
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 16
Parking Total: 16
Lot Information
Land Lease: No
Common Interest: Condominium
Parcel #: 4233009047
Additional Parcels: No
Tax Lot: 56
Community
Senior Community: No
Community Features: Urban