12592 Washington Place Los Angeles, CA $ 3,750,000
12592 Washington Place
$ 3,750,000
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12592 Washington Place

Los Angeles, CA, 90066
$ 3,750,000
Bedrooms16 Baths4.0 Sq 7,548

Monthly Estimate*

$ 23,395

Listed by Remax Commercial and Investment Realty
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Multi-Family Home for sale in Los Angeles, CA

for $3,750,000 with 16 bedrooms and 4 full baths. 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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Multi-Family Active

Price

$ 3,750,000

Bedrooms

16

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25623769

Days on Market

21

Features
General
Living Area 7548
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning CCR4YY
Year Built 1957
Stories Count 1
Levels One
Gross Income 0
County Los Angeles
Net Operating Income 0
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Excellent Culver City location.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 10
MLS Area C28 - Culver City
Lot Size Units Square Feet
Lot Size Square Feet 7841
Carport Y/N true
Standard Status Active
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 16
Total Baths 10
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Exterior
Parking Features Attached Carport
Total Parking 8
Lot Size Area 7841
Number of Buildings 1
Building Area Total 7548
Lot Size Acres 0.18
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* Excluded Features
List By
Remax Commercial And Investment Realty

Broker

jon@taksainvestment.com

Email

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$23,395
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Monthly Principal & Interest
$23,395
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2025$3,750,000 Listed Price

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12592 Washington Place, Los Angeles, CA, 90066 is a Multi-Family Home for sale at $3,750,000 with 7,548 sqft and a lot size of 0.18. 12592 Washington Place has 16 bedrooms, 4.0 baths, and was built in 1957. The property's zip code is 90066 which is in Los Angeles, CA