Description:

4-plex in great Mar Vista location, ideally situated near Culver City, Marina Del Rey and Silicon Beach. Close to restaurants, entertainment and trendy retail corridors. Great walk Score and Transit Score. The building has a history of very low vacancy, is well-cared for and has great rental upside. The property currently has a large detached four (4) car garage, offering an investor the perfect opportunity to take advantage of current ADU laws to convert these to an additional unit or build on top of them. Ownership has plans for both options. Also a great opportunity for redevelopment.

• Excellent value-add opportunity
• Ideal 4-plex on Washington Place
• Great Unit Mix: (2X) 2 Bedroom Units + (2X) 1 Bedroom Units
• Great rental upside
• Well cared for
• Opportunity to add ADUs and increase income substantially
• Potential redevelopment opportunity