Culver City, CA 90066,12320 Washington Place
$1,755,000
$1,799,000
2.4%
Est.Price: ?

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6 BD
3,550 SqFt

12320 Washington Place Culver City, CA 90066

Est. payment /mo
SOLD DATE : 04/15/2022

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Key Details

Sold Price $1,755,000

Property Type Other Types

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $494

MLS Listing ID CL22118329

Sold Date 04/15/22

Bedrooms 6

HOA Y/N No

Year Built 1950

Lot Size 6,346 Sqft

Acres 0.15

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.

Location

State CA

County Los Angeles

Area Listing

Interior

Heating Floor Furnace

Cooling No Air Conditioning

Flooring Laminate, Tile, Carpet, Wood

Fireplace No

Laundry No Hookups

Exterior

Exterior Feature Front Yard

View Y/N false

View None

Parking Type Other

Total Parking Spaces 4

Building

Lot Description Other, Front Yard

New Construction No

Others

Tax ID 4232006020

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Bridge MLS
Listed by Stephanie Younger • Compass
Bought with MaryamMajnoonian

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Vid Cotarta

Broker Associate | License ID: 01962807

+1(510) 410-3999

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