12320 Washington Pl Place
Culver City, CA 90066
- 8 beds
- – baths
- 3,550 sqft
- 6,346 sqft lot
- $644 per sqft
- 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.
Listing courtesy of BRIDGE / Lyon Stahl Investment Real Estate, Inc.
Last checked:
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Last updated Dec 14, 2024
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MLS# CRSB24208238 —
The Building
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Year Built:1950
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Building Area Units:Square Feet
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Building Area Total:3550
Room Dimensions
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Living Area:3550
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Living Area Units:Square Feet
Location
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Directions:Exit off Washington from 405
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Front Yard
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Parcel Number:4232006010
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Lot Features:Front Yard
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Lot Size Area:0.15
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Lot Size Acres:0.15
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Lot Size SqFt:6346
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (909) 618-2352
Beds
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Bedrooms Total:8
The Listing
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Listing TermsOther
Utilities
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Utilities:Other Water/Sewer
Appliances
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Laundry Features:No Hookups
The Community
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Association:false
Parking
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Parking Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/8/24
Oct 8, 2024
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Listed / Active | BRIDGE | $2,288,000 |