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Entitled Mixed-Use Development Opportunity
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12727 W Washington Blvd, Los Angeles, CA 90066

Fully entitled mixed-use project in Culver West neighborhood.

Property Size19,431 SF
Price / SF$1,286
Days on Market491

Property Features for 12727 W Washington Blvd

General Information

Standard status Active
Size 19,431 SF
Total Parking Spaces 234
Property subtype Retail, Mixed Use
Zoning Culver City: CG Los Angeles: R3-1

Building Details

Stories 6
Units 144
Listing Agency: Lee & Associates - Los Angeles - West
Listed By: Duncan Lemmon · License #CA
Source: Crexi
Added: Apr 7, 2025 Changed: Aug 8 Last Checked: Aug 9 at 6:25AM

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 Lee & Associates - Los Angeles - West

Investment Insights

Based on property information with market context.

This is a fully entitled mixed-use project located at 12727 W. Washington Blvd in the Culver West neighborhood. The current entitlements allow for 144 units and 19,431 square feet of retail space, with a gross building area of approximately 166,250 square feet. A new owner has the option of incorporating up to 20 additional units in Los Angeles per AB1287 density bonus. Proposed amenities include a pool, rooftop deck, outdoor seating area with BBQs, fire pits, a gymnasium, and a lounge. This development opportunity allows a developer to make an immediate impact on the Culver City multi-family market with a class A building on a top tier corridor. The property is bounded by three streets: Washington, Zanja, and Meier. This is a rare opportunity to acquire a fully entitled mix-use development in a prestigious location.

Key Highlights

  • Fully entitled mixed‑use project with permits for 144 units and 19,431 sq ft of retail space.
  • Located in the highly sought‑after Culver West neighborhood.
  • Potential to add up to 20 additional units per AB1287 density bonus.

Property Analytics

Current Use

Retail space

Suggested Use

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

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

2,489
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?
Mixed-use property - Fully entitled mixed-use project in Culver West neighborhood.
Where is this mixed-use property located?
The property is located at 12727 W Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: Fully entitled mixed‑use project with permits for 144 units and 19,431 sq ft of retail space.; Located in the highly sought‑after Culver West neighborhood.; Potential to add up to 20 additional units per AB1287 density bonus.
More about this property
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