12320 Washington Pl, Culver City, CA 90066
- $1,755,000
- 8
- BD
- 4
- BA
- 3,550
- SqFt
- Sold Price
- $1,755,000
- List Price
- $1,799,000
- Closing Date
- Apr 15, 2022
- MLS#
- 22-118329
- Year Built
- 1950
- Bedrooms
- 8
- Bathrooms
- 4
- Living Sq. Ft
- 3,550
- Lot Size
- 6,346
- Lot Location
- Alley Access
- Days on Market
- 47
- Property Type
- Multifamily
- Style
- Colonial
- Stories
- 2
Property Description
Rarely offered, two neighboring four-unit buildings adjacent to the heart of fashionable Culver City being sold together or separately! The unit mix consists of four two-bedroom apartments in each property. While each unit maintains unique finishes, they each share original 1950s oak wood floors. These sister properties share a center courtyard with a mature, fruit-bearing lemon tree to complete the refreshing SoCal aesthetic. Single car garages pepper the back alley. Currently, all units are occupied; of special note is the high rental demand and 40% upside in current rents. Full of promise and potential, these R4-Zoned pair of buildings are close to the trendiest of restaurants and shopping on the Westside of L.A. while also being moments from freeway access and the Pacific Ocean. This property is a tremendous opportunity for an investor to purchase a value add asset or a developer to maximize the site. Competitive residential financing available as well.
Additional Information
- Lot Description
- Fenced Yard, Front Yard, Alley Paved, Lot Shape-Rectangular, Sidewalks
- Other Buildings
- None
- Pool Description
- None
- Heat
- Floor Furnace
- Cooling
- None
- View
- None
- Number of Cars in Garage
- Garage
- Water
- Public
Mortgage Calculator
Courtesy of , Stephanie Younger - CA DRE# Selling Office: .
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