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12314 Washington Pl
Sold

12314 Washington Pl

12314 Washington Place, Culver City, CA 90066

$1,755,000
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.

8
beds

4
baths

3,488 Sq.Ft. LIVING AREA

0.14 Acres lot

Maryam Majnoonian

Maryam Majnoonian

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms4
  • full bathrooms4

Area & Lot

  • Status Sold
  • Living Area3,488 Sq.Ft.
  • Lot Area0.14 Acres
  • MLS® ID22-118331
  • TypeMulti-Family
  • YEAR BUILT1950

Exterior

  • Garage Space4

Financial

  • Sales Price$1,755,000

Work With Maryam

Partner with Maryam Majnoonian for exceptional service, innovative and personalized strategies, and 15 years of real estate expertise dedicated to exceeding your expectations.

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