12314 Washington Pl is an exceptional 4-unit opportunity with great value add potential, well located for strong rental demand. With approved plans for an ADU addition you can start construction the day after closing. This property is being sold along side of the neighboring 4-unit (separate listing) located at 12320… Read More Washington Pl. Controlling adjacent properties like this not only creates operational efficiency but also opens the door for long-term flexibility and future redevelopment potential. Whether the plan is to build out the ADUs for stronger returns, modernize units over time, or simply hold a well-positioned asset in a high-barrier market, these properties offer a rare combination of stability, scalability, and future potential in a location investors already trust. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Austin Zahn 310-259-7556
Listing Snapshot
Days Online
50
Last Updated
Property Type
Apartment
Lot Size
0.14 Acres
Year Built
1950
MLS Number
SB26035726
Additional Details
Appliances & Equipment
GasOven, Refrigerator
Building
Built in 1950, 1 building, 2 stories, Levels: Two, Entry level: 2, Entry location: West facing
Community
Sidewalks
Cooling
None
Expenses
Insurance: $4,185, Operating: $35,156
Fireplaces
None
Garage
4 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $95,664, Gross ScheduledIncome: $95,664, Net Operating Income: $57,639
ElectricityConnected, NaturalGasNotAvailable, SewerConnected, WaterConnected, Water Source: Public, Standard, 5 separate electric meters, 4 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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