12592 Washington Place
Los Angeles, CA, 90066 $ 3,750,000
Baths0.0 Sq 7,548 Monthly Estimate*
$ 23,395
Studio for $3,750,000. This 7,548 square foot home was built in 1957 on a lot size of 0.18.
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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FeaturesGeneralLiving Area 7548.0
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning CCR4YY
Year Built 1957
Levels One
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C28 - Culver City
Lot Size Units Square Feet
Lot Size Square Feet 7841.0
Standard Status Active
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ExteriorParking Features Attached Carport
Lot Size Area 7841.0
Pool Y/N? Yes
Building Area Total 7548.0
Lot Size Acres 0.18
Land Lease Type Fee
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InteriorTotal Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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* Excluded FeaturesList ByJonathan TaksaListing Agent
Remax Commercial And Investment RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $23,395
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,904,395
Percent of Sale Price 49%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/1/2025 | $3,750,000 | | Listed Price |