12320 Washington Pl, Culver City, CA 90066
12320 Washington Pl, Culver City, CA 90066
12320 Washington Pl, Culver City, CA 90066
7
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$1,648,000
Est. payment /mo
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8 Beds
4 Baths
3,550 SqFt
Price Dropped by $50K

12320 Washington Pl Culver City, CA 90066

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $464

MLS Listing ID 26868957

Style Mid-Century

Bedrooms 8

Year Built 1950

Lot Size 6,348 Sqft

Acres 0.1457

Property Sub-Type Multi-Family

Property Description

Exceptional investment and owner-user opportunity in one of Culver City's most desirable rental markets. This well-maintained mid-century modern - influenced multi-family architecture - four-unit property features an attractive unit mix of four spacious 2-bedroom, 1-bath residences totaling approximately 3,550 square feet on a 6,348 square foot lot. One unit is currently vacant, offering immediate owner-occupancy or the ability to lease at market rent for increased cash flow. The property presents significant upside with approved plans for two additional ADUs (buyer to verify), providing the potential to expand from four to six units and substantially increase long-term income. Recent ownership has invested considerable time navigating the entitlement process, allowing a new owner to capitalize on future development potential with much of the groundwork already completed. Additional features include four on-site parking garages, recent capital improvements, and a prime Westside location just minutes from Marina del Rey, Playa Vista, Venice, major employment hubs, shopping, dining, and convenient freeway access. Brand new roof and fresh exterior paint. Whether you're an investor seeking value-add potential or an owner-user looking to offset housing costs with rental income, this property offers an outstanding combination of current cash flow, future upside, and an unbeatable location. Buyer to independently verify all rents, expenses, zoning, ADU approvals, permits, development potential, and all property information. * This property can be purchased individually or assembled with the adjacent property at 12314 Washington Pl. Contact agent for details. *

Location

State CA

County Los Angeles

Area Culver City

Zoning CCR4YY

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Garbage Disposal, Refrigerator, Range/Oven

Exterior

Parking Features Garage Is Detached, Garage - 4+ Car

Garage Spaces 4.0

Building

Story 2

Architectural Style Mid-Century

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Coldwell Banker Realty

NEARBY SCHOOL & BUSINESS

Nikki Bonifatto
Nikki Bonifatto

Agent | RE. S.0175996

+1(702) 467-7343 | nbonifatto@gmail.com

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12320 Washington Pl