$1,675,000
SOLD OCT 28, 2022
-- Bed
2 Baths
1,595 Sq Ft
6,184 Sq Ft Lot

Recently Sold

$1,050 Per Sq Ft

9% Below List Price

64 Days on Market

Highlights

  • City View
  • Double Pane Windows
  • Tankless Water Heater
  • Culver City Middle School Rated A-
  • Side by Side Parking
  • Bungalow

About This Home

As of October 2022

12560 W Washington Blvd is a truly unique property available for sale or lease. Let your imagination run wild! Currently used as an office space, this former duplex and daycare has endless possibilities. The commercial zoning makes this property ideal for future development, or it could serve as a perfect live/work space for today's evolving professional environment. Filled with natural light, the building is completely customizable, sound-proof, and individually metered. It features a kitchenette, 2 bathrooms, central A/C and heat, and a cozy fireplace. The front of the property is beautifully landscaped with drought tolerant plants and is set away from the street behind a private wooden fence. The back of the building features a tranquil seating area, a lemon tree, and a 10 space parking lot that is semi-private due to the dead end alley. The property boasts a stellar 87 walk score and is central to shops, restaurants, and major freeways. 12560 W Washington Boulevard's versatility alone makes this a special opportunity. Call now!

Last Agent to Sell the Property

Jordan Peikin

Jordan Peikin License #02015987 Listed on: 06/30/2022

Last Buyer's Agent

Non-member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,722

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 6,184 Sq Ft Lot
  • North Facing Home
  • Gated Home

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2 Bathrooms
  • 1,595 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • City Views

Kitchen

  • <<microwave>>
  • Dishwasher

Flooring

  • Linoleum
  • Laminate
  • Tile

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Side by Side Parking
  • Tandem Parking

Outdoor Features

  • Shed

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4231-022-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,722

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 1595
  • Lot Acreage: 0.1420
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Laminate, Linoleum, Tile
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Refrigerator, Microwave
  • Price Per S Q F T: 1072.10
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 10
  • Parking Garage: Uncovered, Tandem, Side By Side
  • Total Parking: 10

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Exterior Security Lights, Smoke Detector, Gated
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 27.54
  • Assessed Improvement Value: 216148
  • Assessed Land Percent: 72.46
  • Assessed Land Value: 568822
  • Total Assessed Value: 784970
  • Assessor Parcel Number: 4231-022-001
  • Lot Size Area: 6184

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 18.14
  • Number Of Units: 1
  • Rent Control: 100
  • Total Annual Expense: 30600
  • Type Of Units: Multipurpose
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 19, 2022
Sold by
Kolodziejski Dan
Bought by
Sommer Arlene
Seller's Agent
Jordan Peikin
Jordan Peikin
Buyer's Agent
Non-member 999999
Non-member Office
List Price
$1,850,000
Sold Price
$1,675,000
Premium/Discount to List
-$175,000
-9.46%
Views
4
Current Estimated Value
$1,770,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,493
Avg. Annual Appreciation
0.06%
Original Mortgage
$1,543,000
Outstanding Balance
$1,499,523
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$178,122

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 15, 2022
Sold by
Sommer Arlene
Bought by
Rench Properties Llc
Seller's Agent
Jordan Peikin
Jordan Peikin
Buyer's Agent
Non-member 999999
Non-member Office
List Price
$1,850,000
Sold Price
$1,675,000
Premium/Discount to List
-$175,000
-9.46%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,543,000
Outstanding Balance
$1,499,523
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$178,122

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 17, 2013
Sold by
Kolodziejski Dan
Bought by
Sommer Arlene
Seller's Agent
Martin Feinberg
Keller Williams Los Angeles
Buyer's Agent
Kip Kolodziejski
Clement Partners Real Estate
List Price
$650,000
Sold Price
$690,000
Premium/Discount to List
$40,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%

Purchase Details

Listed on
Apr 12, 2013
Closed on
May 1, 2013
Sold by
Elkins Herschel T
Bought by
Sommer Ariene
Seller's Agent
Martin Feinberg
Keller Williams Los Angeles
Buyer's Agent
Kip Kolodziejski
Clement Partners Real Estate
List Price
$650,000
Sold Price
$690,000
Premium/Discount to List
$40,000
6.15%
Source: Public Records

Similar Homes in the area

  • 576 W 13th St, San Pedro, CA 90731

    $1,450,000

    • 2 Beds
    • 1 Bath
    • 4,664 Sq Ft
    • 576 W 13th St
    • San Pedro, CA

    Step into a rare opportunity to invest in the vibrant community of San Pedro with this well-maintained 6-unit apartment building at 576 W 13th St. Each unit offers efficiently designed two-bedroom, one-bath layouts, providing a balance of comfort and functionality. The property features tuck-under parking and has recently completed a soft-story retrofit, enhancing structural safety and ensuring

    L'mar Kojani Keller Williams SELA

    Section Image
  • 4430 Inglewood Blvd, Los Angeles, CA 90066

    $1,500,000

    • 4 Beds
    • 4 Baths
    • 2,520 Sq Ft
    • 4430 Inglewood Blvd
    • Los Angeles, CA

    Located in south Mar Vista, this four-unit building sits on slightly over 6,600 square feet of R3 zoned land situated on a corner lot. There are two separate buildings, and each building has two units of one-bedroom and one bath. Each unit is separately metered for gas and electricity and owner pays for water. Parking is located in the rear of the lot, accessed from Avon Lane and consists of

    Dannie Cavanaugh Cavanaugh Realtors

    Section Image
  • 12961 Panama St, Los Angeles, CA 90066

    $1,850,000

    • 4 Beds
    • 2 Baths
    • 2,400 Sq Ft
    • 12961 Panama St
    • Los Angeles, CA

    Fantastic Duplex Opportunity in Prime Marina del Rey Area!Welcome to 12961 Panama Street—an exceptional income property featuring two spacious units, each offering approximately 1,200 square feet of living space with 2 bedrooms and 1 full bath. The front unit includes a charming private yard, while the rear unit offers a covered patio and a detached 2-car garage. Driveway parking is available

    Ashley Camp Douglas Elliman of California Inc.

    Section Image
  • 3613 Beethoven St, Los Angeles, CA 90066

    $1,349,900

    • 3 Beds
    • 2 Baths
    • 1,626 Sq Ft
    • 3613 Beethoven St
    • Los Angeles, CA

    SUBMIT ALL OFFERS! Mar Vista duplex consists of a large front 2 bed unit thats been Newly Vacant and now ready to move in immediately. It features a nice front yard with a spacious layout, real hardwood flooring throughout, a full sized kitchen and bathroom, cozy bedrooms, and a its own laundry area with hookups inside. Built in 1952, the rear 1 bed 1 bath unit is attached with its own private

    Brian Noh Nohco Real Estate

    Section Image
  • 4852 S Centinela Ave, Los Angeles, CA 90066

    $1,399,995

    • 3 Beds
    • 3 Baths
    • 1,404 Sq Ft
    • 4852 S Centinela Ave
    • Los Angeles, CA

    Prime Del Rey duplex (delivered vacant!) ideal for Owner Occupant and/or Investors Alike. Don't miss this incredible opportunity to own a versatile income-generating property at the heart of Del Rey. Situated on a desirable corner just moments from popular dining, shopping, and entertainment options, this charming duplex offers modern comfort, convenience, and curb appeal in one of West L.A.'s

    Brad Keyes Keyes Real Estate

    Section Image
  • 1167 Nelrose Ave, Venice, CA 90291

    $1,425,000

    • 4 Beds
    • 3 Baths
    • 1,888 Sq Ft
    • 1167 Nelrose Ave
    • Venice, CA

    Lee & Associates is pleased to present the opportunity to purchase this multi-family triplex at 1167 Nelrose Avenue, consisting of 1,888 square feet of building on 4,401 square feet of land. The property is situated in the heart of Venice, walking distance to iconic Abbot Kinney Boulevard.Originally built in 1952, the property is rich with history. Mature landscaping and an expansive shared

    Spencer Horak Lee & Associates Los Angeles West Inc.

    Section Image
  • 2200 Penmar Ave, Venice, CA 90291

    $1,495,000

    • 4 Beds
    • 3 Baths
    • 2,054 Sq Ft
    • 2200 Penmar Ave
    • Venice, CA

    We are pleased to present 2200 Penmar Ave a charming 3-unit apartment building located in the heart of Venice, one of Los Angeles' most desirable coastal neighborhoods. Built in 1949, the property features (2) one-bedroom + one-bath units and (1) two-bedroom + one-bath unit, totaling approximately 2,054 square feet of rentable space on a 4,545 square foot lot. All units are equipped with in-unit

    Michael Sterman Marcus & Millichap

    Section Image
  • 717 Coeur d Alene Ave, Venice, CA 90291

    $1,745,000

    • 3 Beds
    • 2 Baths
    • 1,421 Sq Ft
    • 717 Coeur d Alene Ave
    • Venice, CA

    Incredible opportunity to own a character-filled Venice bungalow-style duplex just moments from Abbot Kinney, the beach, and some of the best shops and restaurants on the Westside. Located across the street from Coeur d'Alene Elementary, this well-maintained property offers charm, location, and strong income potential. The front 2-bedroom/1-bath unit and the rear 1-bedroom/1-bath unit are both

    Lawrence Levy Westside Estate Agency Inc.

    Section Image
  • 837 Milwood Ave, Venice, CA 90291

    $1,595,000

    • 3 Beds
    • 2 Baths
    • 1,340 Sq Ft
    • 837 Milwood Ave
    • Venice, CA

    We're excited to share a fantastic opportunity to create value on one of the best streets in Venice. This income property is located on an extra-wide, tree-lined street, offering close proximity to Abbot Kinney, Rose Avenue, and some of the hottest new spots on Lincoln Blvd. The property itself boasts timeless charm and character, surrounded by lush landscaping and mature fruit trees. It's

    Consuela Kielbowicz Del Rey Urban Brokerage Inc

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Ticor Title
Grant Deed $1,685,000 Ticor Title
Interfamily Deed Transfer -- Title365
Grant Deed $690,006 Title365
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,543,000 New Conventional
Previous Owner $1,192,500 Commercial
Previous Owner $725,000 Unknown
Previous Owner $575,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $1,675,000 -2.0% $1,050 / Sq Ft
09/21/2022 09/21/22 Price Changed $1,710,000 -7.6% $1,072 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $1,850,000 +168.1% $1,160 / Sq Ft
06/26/2013 06/26/13 Sold $690,000 +6.2% $433 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $650,000 -- $408 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,722 $1,718,700 $1,224,000 $494,700
2023 $20,389 $1,685,000 $1,200,000 $485,000
2022 $10,412 $800,668 $580,198 $220,470
2021 $10,187 $784,970 $568,822 $216,148
2019 $10,267 $761,689 $551,951 $209,738
2018 $9,897 $746,755 $541,129 $205,626
2016 $9,364 $717,760 $520,117 $197,643
2015 $8,986 $706,980 $512,305 $194,675
2014 $9,182 $693,132 $502,270 $190,862
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-174127

The MLS

APN: 4231-022-001