12592 Washington Place, Los Angeles, CA 90066
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
12592 Washington Place,Los Angeles, CA 90066
$3,750,000
- 16 Beds
- 10 Baths
- 7,548 sq. ft.
- Multi-family
- Active
Listed by: jonathan taksa
Office: remax commercial and investment realty
MLS#:25623769
Source:CRMLS
Price summary
- Price:$3,750,000
- Price per sq. ft.:$496.82
About this home
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.
Contact an agent
Home facts
- Year built:1957
- Listing ID #:25623769
- Added:1 day(s) ago
- Updated:December 02, 2025 at 06:46 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:10
- Living area:7,548 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1957
- Building area:7,548 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$3,750,000
- Price per sq. ft.:$496.82
New listings near 12592 Washington Place
- New
$999,999Active3 beds 2 baths1,477 sq. ft.8334 Capistrano Avenue, West Hills, CA 91304
MLS# 25622739Listed by: COMPASS - New
$1,135,000Active3 beds 1 baths1,250 sq. ft.5509 Onacrest Drive, Los Angeles, CA 90043
MLS# 25622989Listed by: ASPIRE LOS ANGELES - New
$1,100,000Active3 beds 2 baths1,064 sq. ft.7645 Genesta Avenue, Van Nuys, CA 91406
MLS# 25624081Listed by: COAST INVESTMENT REALTY - New
$859,000Active1 beds 1 baths965 sq. ft.4215 Glencoe Avenue #206, Marina Del Rey, CA 90292
MLS# 25624271Listed by: COMPASS - New
$1,230,000Active5 beds 2 baths1,840 sq. ft.14840 Hartland Street, Van Nuys, CA 91405
MLS# DW25259825Listed by: SEED REALTIES, INC. - New
$489,000Active2 beds 1 baths1,075 sq. ft.846 E 83rd Street, Los Angeles, CA 90001
MLS# P1-25083Listed by: KELLER WILLIAMS REALTY - New
$699,999Active3 beds 2 baths1,350 sq. ft.1049 Sanford Avenue, Wilmington, CA 90744
MLS# SB25268854Listed by: EXP REALTY OF GREATER LOS ANGELES, INC. - New
$1,750,000Active3 beds 1 baths1,680 sq. ft.7631 Texhoma, Northridge, CA 91325
MLS# SR25268233Listed by: ELEMENT RE, INC - New
$4,890,000Active-- beds -- baths18,654 sq. ft.248 S Occidental, Los Angeles, CA 90057
MLS# SR25268861Listed by: NEW STAR REALTY & INVESTMENT - New
$1,300,000Active4 beds 2 baths1,982 sq. ft.19046 Friar St, Tarzana, CA 91335
MLS# SR25268872Listed by: BEVERLY AND COMPANY