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Culver City Multifamily Investment Opportunity
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12592 Washington Pl, Los Angeles, CA 90066

Rare 10-unit multifamily property in desirable Culver City location.

Property Size7,548 SF
Price / SF$483.57
Days on Market267

Property Features for 12592 Washington Pl

General Information

Standard status Active
Size 7,548 SF
Property subtype Multifamily
Zoning CCR4YY

Building Details

Year Built 1957
Listing Agency: Taksa Investment Group
Listed By: Jonathan Taksa · License ## 01366169
Source: Crexi
Added: Dec 1, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taksa Investment Group

Investment Insights

Based on property information with market context.

Located in Culver City, this 10-unit multifamily property presents a rare investment opportunity. The property features a unit mix of six two-bedroom/one-bath units and four one-bedroom/one-bath units. Each unit is separately metered for gas and electricity. On-site parking is available. The property is located within the Culver City school district and municipal jurisdiction, providing access to city services and a business-friendly environment. It is situated close to the dining, entertainment, and cultural amenities of Downtown Culver City, including restaurants, cafes, gastropubs, and theaters. The property also offers proximity to major employment hubs such as Sony Studios, Amazon Studios, Apple, HBO, and the Hayden Tract creative district. The site offers the potential to add multiple ADUs, which could increase unit count and income. This property offers the opportunity to implement a complete renovation strategy, achieve market rents, and maximize long-term value.

Key Highlights

  • Potential to be delivered completely vacant, offering immediate repositioning and renovation opportunities.
  • Located in the highly desirable Culver City jurisdiction, known for its excellent schools, services, and business‑friendly environment.
  • Strong unit mix of six (6) two‑bedroom\/one‑bath units and four (4) one‑bedroom\/one‑bath units, providing desirable floorplans.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Mobile Phone Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,521
Businesses Nearby

Demographics for 90066, CA

55,304
Population
26,591
Households
2.1
Avg Household Size
38
Median Age
61%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
11,522
Density / Sq Mi
$107,786
Median Household Income
$67,298
Median Earnings
$2,211
Median Rent
$1,636,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Rare 10-unit multifamily property in desirable Culver City location.
Where is this apartment building located?
The property is located at 12592 Washington Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Potential to be delivered completely vacant, offering immediate repositioning and renovation opportunities.; Located in the highly desirable Culver City jurisdiction, known for its excellent schools, services, and business‑friendly environment.; Strong unit mix of six (6) two‑bedroom\/one‑bath units and four (4) one‑bedroom\/one‑bath units, providing desirable floorplans.
(213) 817-1000 Call to check price and availability
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