12320 Washington Pl., Culver City, CA 90066

Culver City
Local realty services provided by:ERA Excel Realty
12320 Washington Pl.,Culver City, CA 90066
$1,698,000
  • 8 Beds
  • 4 Baths
  • 3,550 sq. ft.
  • Multi-family
  • Active
Listed by: richard schulman
Office: kw westside estates310-482-2200
MLS#:26830919
Source:CRMLS

Price summary

  • Price:$1,698,000
  • Price per sq. ft.:$478.31

About this home

Rare opportunity to acquire a well-positioned 4-unit income property with significant upside potential in a highly sought-after rental market. What truly sets this asset apart is the extensive groundwork already completed for future expansion. After nearly two years navigating the city approval process, the current ownership has successfully secured entitlements and approvals for two additional ADUs, creating the potential for a 10-unit development opportunity. The Ready-to-Issue (RTI) permits are pending final issuance, allowing a new owner to step into a project where the most time-consuming and challenging phase has already been completed.The property has also undergone major recent capital improvements, offering immediate value and minimizing near-term maintenance costs. A brand-new roof was installed in 2025, and the entire exterior was freshly painted, enhancing curb appeal while providing a clean, updated appearance throughout the property.Adding even greater long-term appeal,...

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Home facts

  • Year built:1950
  • Listing ID #:26830919
  • Added:3 day(s) ago
  • Updated:May 15, 2026 at 04:32 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Kitchen Description:Refrigerator
  • Living area:3,550 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1950
  • Building area:3,550 sq. ft.
  • Lot area:0.15 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,698,000
  • Price per sq. ft.:$478.31

Parking

  • Total parking spaces:4
  • Parking description:Assigned
  • Garage:Yes
  • Garage spaces:4
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