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12320 Washington Pl Place

Culver City, CA 90066

– beds
– baths
– sqft
6,346 sqft lot
1950 build
– on site

We are pleased to present the opportunity to acquire 12320 Washington Place. This building is located within the border of Culver City adjacent to Marina Del Rey, Venice, Mar Vista, and Playa Vista. It benefits from proximity to major employment centers, transportation hubs, restaurants, and recreational amenities. This building can be purchased together with 12314 Washington Place. Both two story buildings consist of all two-bed, one-bath unit with a shared courtyard space. There is a four-car garage behind each building. The Seller has RTI plans to build one (1) two bed-two bath 900 SF ADU on each parcel above the garages. The property is separately metered for gas and electricity, ensuring efficiency and control over utilities. 12320 Washington Place is a prime investment opportunity with tons of upside and a great purchase for an owner-user. If bought together, both buildings will operate north of 6% caps once stabilized with ADUs. Steps away from major establishments including Erewhon, Culver Steps, Apple, Sony Picture Studios, Washington Place offers any investor or owner-user an exciting opportunity to own in one of Los Angeles’ desirable neighborhoods.

Listed By CRMLS_CA / Lorraine Tan / Lyon Stahl Investment Real Estate, Inc. / 909-618-2352

Last checked: Checking… • Last updated Dec 13, 2024 •

MLS# SB24208238 —

The Building

Year Built:

1950
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

3550.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Entry Location:

West
Laundry:

None

Location

Directions:

Exit off Washington from 405
Latitude:

34.02112200
Longitude:

-118.39646700

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Lot Features:

Front Yard
Lot Size Area:

6346.0000
Lot Size Acres:

0.1457
Lot Size SqFt:

6346.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

9086
Tax Lot:

9

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4232006010
Showings Begin:

2024-10-08

Utilities

Sewer:

Unknown
Water Source:

Public

The Community

Features:

Biking
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Ting

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
10/8/24 Oct 8, 2024	Listed / Active	CRMLS_CA	$2,288,000

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This multifamily located in West Los Angeles, Culver City, CA 90066 is currently for sale for $2,288,000. 12320 Washington Pl Place is a – square foot multifamily with – beds and – baths that has been on Estately for 70 days. 12320 Washington Pl Place is in the West Los Angeles neighborhood of Culver City and has a WalkScore® of 97, making it a walker’s paradise. This multifamily is in the attendance area of Culver City High School, Culver City Middle School, and Linwood E. Howe Elementary School.

Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 20:41 on Dec 17.

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. 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, 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.