12402 Washington Pl
Los Angeles, CA 90066

**SUBMIT ALL OFFERS** The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively market for sale 12402 Washington Place, a unique opportunity to acquire a 15,483 SF West Los Angeles signalized corner with significant development potential in Culver City, CA. Located 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 site sits central in Culver City and is 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 approximately 120 feet of frontage along Washington Place and 115 feet of frontage along South Centinela Avenue. This location is truly a walker’s paradise, with a walk score of 94. The property benefits from high daily traffic counts exceeding 36,000 vehicles per day and close proximity to transit, with a transit score of 51. The site offers excellent ingress and egress, with four curb cuts allowing for ease of access along Washington Place and South Centinela Avenue. The site is zoned Commercial General, CG, with a portion of the site zoned Residential Medium Density, RMD, in Culver City. 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 (50) multi-family units per acre using 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 commercial general zone allows for a service station by right and drive-thru, car wash, and body shop uses with a CUP.