12320 Washington Pl, Culver City, CA 90066

$2,050,000
8
BD
4
BA
3,550
SqFt
List Price
$2,050,000
MLS#
22-118329
Year Built
1950
Bedrooms
8
Bathrooms
4
Living Sq. Ft
3,550
Lot Size
6,346
Lot Location
Alley Access
Days on Market
7
Property Type
Multifamily
Style
Colonial
Stories
2

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.

Additional Information

Lot Description
Fenced Yard, Front Yard, Alley Paved, Lot Shape-Rectangular, Sidewalks
Other Buildings
None
Pool Description
None
Heat
Floor Furnace
Cooling
None
View
None
Number of Cars in Garage
Garage
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Courtesy of , Stephanie Younger - CA DRE#

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