$3,750,000

12592 Washington Place, Los Angeles, CA 90066

  • 7,548 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $497/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

We are proud to present an exceptionally rare 10-unit multifamily offering located at 12592 Washington Place, positioned within the highly desirable Culver City jurisdiction. Opportunities of this scale especially those that have the potential to be delivered completely vacant are exceedingly scarce in this submarket, making this an extraordinary acquisition for investors, owner-users, and developers alike. The property features an outstanding unit mix of six (6) two-bedroom/one-bath units and four (4) one-bedroom/one-bath units, providing an ideal balance of spacious, highly rentable floor plans. Each unit is separately metered for gas and electricity, allowing a future owner to minimize operating expenses and enhance overall NOI. With on-site parking, strong layouts, and the ability to reposition the entire asset from day one, this is a blank canvas where an investor can implement a complete renovation strategy, achieve market rents, and maximize long-term value. Adding to the appeal, the site offers potential to add multiple ADUs (Buyer to verify), giving investors the opportunity to meaningfully increase unit count and income. ADU upside is especially compelling within Culver City due to its supportive planning environment and consistent tenant demand. The location is excepti

Listing Status:
Active
Date Added:
December 1, 2025 at 06:00AM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Jonathan Taksa : 424-672-8220
MLS ID:
CL25623769
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: Other
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: CCR44231019060
  • Source: CRMLS

This listing courtesy of Jonathan Taksa, Remax Commercial and Investment Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

La Ballona Elementary School

10915 Washington Blvd, Culver City, CA, 90232

Grades KG-5

1.73 miles away

C

Culver City Unified School District Iacademy

4601 Elenda St Cp Annex, Culver City, CA, 90230

Grades KG-12

1.88 miles away

C

Culver Park High School

4601 Elenda St, Culver City, CA, 90230

Grades 10-12

1.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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