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12314 Washington Place
Culver City, CA 90066
Sold
12314 Washington Place
Culver City, CA 90066
Sold
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.
PROPERTY INFORMATION
| MLS # | 22118331 | Lot Size | 6,130 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,799,000
Price Per SqFt: $ 516 |
DOM | 1207 Days |
| Address | 12314 Washington Place | Type | Residential Income |
| City | Culver City | Sq.Ft. | 3,488 Sq. Ft. |
| Postal Code | 90066 | Garage | N/A |
| County | Los Angeles | Year Built | 1950 |
| Bed / Bath | 8 / 0 | Parking | 4 |
| Built In | 1950 | Status | Closed |
| Sold Date | 2022-04-15 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | None |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Floor Furnace |
| Room Information | Living Room |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Carpet, Wood, Laminate, Tile |
| EntryLocation | Living Room |
| Has Spa | No |
| SpaDescription | None |
| SecuritySafety | Gated Community |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Patio | Yes |
| Patio | Patio Open, Front Porch, Rear Porch |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,919
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/15/2022 | Sold | $1,755,000 |
| 03/03/2022 | Active Under Contract | $1,799,000 |
| 01/13/2022 | Listed | $2,050,000 |
Topfind Realty
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Listing provided courtesy of Stephanie Younger, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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. 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, 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.
