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$3,750,000
1 Day On Site

12592 Washington Place
Los Angeles, CA 90066

For Sale|Residential Income|Active
16
Beds
10
Total Baths
7,548
SqFt
$497
/SqFt
1957
Built
County:
Los Angeles
Listed by Jonathan Taksa of Remax Commercial and Investment Realty jon@taksainvestment.com

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12592 Washington Place12592 Washington Place12592 Washington Place12592 Washington Place
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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 exceptional. Situated within the sought-after Culver City school district and municipal jurisdiction, the property benefits from the city's renowned services, governance, and business-friendly environment. Residents enjoy immediate access to some of the Westside's most exciting lifestyle amenities just minutes from the dining, entertainment, and creative energy of vibrant Downtown Culver City, with its award-winning restaurants, cafes, gastropubs, theaters, and cultural institutions. The property also offers close proximity to major employment hubs including Sony Studios, Amazon Studios, Apple, HBO, and the broader Hayden Tract creative district, driving consistent rental demand year-round. This is a rare chance to acquire a potentially vacant, well-located 10-unit property in one of the Westside's most resilient and supply-constrained submarkets. A true value-add, generational opportunity.

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Listing Snapshot
Price 
$3,750,000
Days On Site 
1 Day
Bedrooms 
16
Inside Area (SqFt) 
7,548 sqft
Total Baths 
10
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
1957
MLS® Number 
25623769
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.18
Attached Garage 
Yes
Levels 
One
Number Of Stories 
2
Parking 
AttachedAttached Carport
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
7548
Zoning 
CCR4YY
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Community Features
MLS Area 
C28 - Culver City


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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With a track record exceeding $500 Million in real estate transactions, the Team Lloyd & Associates dedicates itself to delivering a personalized real estate journey for every client.