12320 Washington Place
$1,755,000
8
4
3,550
3,550
$494
Sold 4/15/22
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;...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.
Listing Agents
Property Details for 12320 Washington Place
Water Front
None
StyleColonial
Parcel Number4232006020
Total Units4.0
Living Area3550
Source Living AreaAssessor
AreaCulver City (C28)
Vacancy Rate0
LISTING UPDATED: 07/31/2024 06:13 PM
Property Details for 12320 Washington Place
Status | Sold |
---|---|
MLS # | 22-118329 |
Days on Market | 47 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1950 |
Lot Size | 0.15 AC / 6,346 SF |
County | Los Angeles County |
Buyer's Agent Compensation | 2.5% |
Building Information for 12320 Washington Place
Stories2Residences-Year Built1950Building Size-Lot Size0.15 AC / 6,346 SF
Property Information for 12320 Washington Place
Property History for 12320 Washington Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 12320 Washington Place
This home is within Culver City Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
La Ballona Elementary School PublicK to 5 | ||
Culver City Middle School Public6 to 8 | ||
Culver City High School Public9 to 12 | ||
Culver City Unified School District Academy PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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