Culver City, CA 90066,12320 Washington PL

$1,755,000

$1,799,000

2.4%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

3,550 SqFt


SOLD DATE : 04/15/2022

Key Details

Sold Price $1,755,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $494

MLS Listing ID 22118329

Sold Date 04/15/22

Bedrooms 8

Construction Status Fixer

HOA Y/N No

Year Built 1950

Lot Size 6,346 Sqft

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.

Location

State CA

County Los Angeles

Area C28 - Culver City

Interior

Heating Floor Furnace

Cooling None

Flooring Carpet, Laminate, Tile, Wood

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Garage

Pool None

Community Features Gated

View Y/N No

View None

Porch Rear Porch, Front Porch, Open, Patio

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard, Rectangular Lot

Story 2

Entry Level Two

Sewer Other

Architectural Style Colonial

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 4232006020

Security Features Gated Community

Financing Cash

Special Listing Condition Standard

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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP


CRMLS – RECore
Listed by Stephanie Younger Compass
Bought with Maryam Majnoonian Compass
The Warburton Team Brokered By EXp

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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