12402 Washington Pl
Los Angeles, CA 90066

The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively market for sale 12402 Washington Place, a unique opportunity to acquire a price West Los Angeles signalized corner with significant development potential in Culver City, CA. CCC4. 12402 Washington Place is ideally located on the southwest signalized corner of Washington Boulevard and South Centinela Avenue. Located in Culver City at the gateway to Marina Del Rey and Venice, this prime parcel of land is situated on the prominent and high trafficked SW signalized corner of Washington Place and Centinela Avenue. This centralized Culver City site is one of the best locations in West Los Angeles, just minutes from the 405 Freeway, Playa Vista, Marina Del Rey, and Santa Monica. 12402 Washington Place offers a rare opportunity to acquire a prime Westside corner with a multitude of potential uses. The subject property benefits from 125 feet of frontage along Washington Place and 122 feet of frontage along South Centinela Avenue. The site is zoned CCCG. This location is truly a walker’s paradise, with a walk score of 90/100. The property benefits from high daily traffic counts exceeding 35,000 vehicles per day and close proximity to transit, with a transit score of 52/100. The site offers excellent ingress and egress, with five curb cuts allowing for ease of access along Washington Place and South Centinela Avenue. The current CCCG zoning allows for a significant development opportunity in the prime and affluent Culver City submarket of West Los Angeles. The site is ideal for a plethora of potential uses, including multi-family, mixed-use, creative office, hotel, or retail. By-right, the current zoning allows for fifty multi-family units per acre with community benefits, with the ability to implement state density bonus programs. 12402 Washington Place also offers a unique opportunity for an Owner-User Buyer. There is currently a 1,534 building on the site, which will be delivered vacant. This space can be occupied by a user or expanded upon to create additional square footage. The current zoning allows for a drive-thru at this location, creating a multitude of potential use options.