Property Detail

12320 Washington

Culver City CA 90066

$3,170,000

Status: Active

Property Details

Description

We are proud to present this exceptionally well-cared-for 8 unit asset perfectly tailored for both investor seeking strong cash flow and owner -ideal live in investment opportunity! Two (2) Quad-plex buildings situated on adjacent contiguous parcels provide an incredible cash-flowing Income property within the prime Mar Vista community, within the city of Culver City-one of most sought-after prime locations know for its robust development potential,(2) APN's allow for Investors to apply for more favorable Residential 1-4 Financing as supposed to Commercial Financing rates. One newly renovated unit is offering flexibility for immediate owner occupancy or capture top-tier market rents. Each of the (8) multi-family units are 2 Bedroom / 1 Bath floor plans. 8 individually enclosed garages along the side of the buildings .New Roof and Exterior Painting recently completed in 2025 with improved curb appeal, providing peace-of-mind and less maintenance expenses in the near future. Ga Approved Plans are in place for (2) additional ADUs, each approximately 870 SF, offering additional value-add potential. Well- priced with strong rental income and long-term upside! Two properties also consider selling in separately. PRICE ADJUSTED TO REFELECT PREVIOUSLY OMITTED AND NEWLY SECURED GARAGE RENTAL INCOME.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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