See all 9 photos
9 photos
Additional details
Listed by Lorraine Tan • Lyon Stahl Investment Real Estate, Inc.
$2,288,000
Est. payment /mo
3,550 SqFt
UPDATED:
12/03/2024 07:13 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,550 sqft
Price per Sqft $644
MLS Listing ID SB-24208238
Year Built 1950
Lot Size 6,346 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Interior
Laundry None
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Biking
Building
Lot Description Front Yard
Sewer Unknown
Read Less Info
Get More Information
QUICK SEARCH
- Homes For Sale in Camarillo, CA
- Homes For Sale in Simi Valley, CA
- Homes For Sale in Thousand Oaks, CA
- Homes For Sale in Ojai, CA
- Homes For Sale in Santa Paula, CA
- Homes For Sale in Newbury Park, CA
- Homes For Sale in Moorpark, CA
- Homes For Sale in Fillmore, CA
- Homes For Sale in Oak View, CA
- Homes For Sale in Somis, CA