12314 Washington Pl, Los Angeles, CA, 90066

Property Details: • Type: Single Family • Bedrooms: 8 • Bathrooms: 4 • Square Feet: 3488 • Lot/Size: 6,130 sqft lot

Description: Rare opportunity to acquire a well-positioned 4-unit income property with significant upside potential in a highly sought-after rental market. What truly sets this asset apart is the extensive groundwork already completed for future expansion. After nearly two years navigating the city approval process, the current ownership has successfully secured entitlements and approvals for two additional ADUs, creating the potential for a 10-unit development opportunity. The Ready-to-Issue (RTI) permits are pending final issuance, allowing a new owner to step into a project where the most time-consuming and challenging phase has already been completed. The property has also undergone major recent cap