12320 Washington Pl. PL, Culver City, CA 90066 (MLS # 26830919)
Twitter
Facebook
Email
|
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, the property is being offered alongside the neighboring 4-unit property at 12314 Washington Pl under a separate listing. Controlling adjacent assets of this scale creates exceptional operational advantages while also opening the door to future redevelopment flexibility and larger-scale investment strategies. Whether the vision is to complete the approved ADUs for increased cash flow, renovate units over time to maximize rents, or hold a scalable multifamily asset in a strong rental corridor, this opportunity offers a compelling combination of stability, expansion potential, and long-term value in one of the market's most desirable investment locations.
| DAYS ON MARKET | 3 | LAST UPDATED | 5/11/2026 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | C28 - Culver City |
| GARAGE SPACES | 4.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Refrigerator |
| AREA | C28 - Culver City |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 6347 sq ft |
| LOT DIMENSIONS | 6348 |
| PARKING | Assigned |
| STORIES | 2 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Based on information from CRMLS as of 5/14/26 4:55 AM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
This IDX solution is (c) Diverse Solutions 2026.