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$1,698,000
2 Days On Site

12320 Washington Place
Culver City, CA 90066

For Sale|Residential Income|Active
8
Beds
4
Total Baths
3,550
SqFt
$478
/SqFt
1950
Built
County:
Los Angeles
Listed by Vangelis Korasidis of Coldwell Banker Realty [email protected]

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(678) 675-6575
12320 Washington Place12320 Washington Place12320 Washington Place12320 Washington Place
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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. 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. *

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Listing Snapshot
Price 
$1,698,000
Days On Site 
2 Days
Bedrooms 
8
Inside Area (SqFt) 
3,550 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1457 Acres
Year Built 
1950
MLS® Number 
26868957
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.1457
Disclosures 
SellerDisclosure
Garage 
Yes
Garage Spaces 
4
Levels 
Two
Number Of Stories 
2
Parking Spaces 
4
Special Circumstances 
Standard
SqFt Total 
3550
Style 
MidCenturyModern
Zoning 
CCR4YY
Interior Features
Appliances 
DisposalRefrigerator
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Community Features
MLS Area 
C28 - Culver City


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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