12314 Washington Place
Culver City, CA 90066
8
Bed
0
Bath
3,488Sqft
6,130Sqft(Lot)
12314 Washington Pl is a well-located 4-unit multifamily property in Culver City featuring an all 2-bed/1-bath unit mix. Built in 1950, the property sits on a 6,130 SF lot with 3,488 SF of improvements and 4 on-site parking spaces. Each unit averages approximately 872 SF. Current rent roll: Unit A: 2+1 at $2,058/mo; Unit B: 2+1 at $2,058/mo; Unit C: 2+1 at $2,058/mo; Unit D: 2+1 at $2,058/mo. Total current scheduled rent is $8,232/mo, with all four units currently occupied. Market rent is projected at $3,200/mo per unit, creating approximately 55% rent-to-market upside and a pro forma scheduled rent of $12,800/mo. Offered at $1,498,000, the property is priced at $374,500/unit and $429/SF with a 4.53% current cap rate and 8.08% pro forma cap rate. Current NOI is projected at $67,845 with pr
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 8Bathroom Information
Total Baths: 4 Full Baths: 0 Half Baths: 0 -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1950 Building Area Total: 3,488
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1407 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6130
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Listing Price Information
Original List Price: 1,498,000 Listing Contract Date: 2026-06-08 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 4232006010
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Garage and Parking
Garage Description: DrivewayHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C28 - Culver City Postal Code Plus 4: 4966 Directions: Along Washington Pl near East Blvd Zoning: CCR4YY Source Property Type: Residential Income Area: C28 - Culver City -
Building and Construction
Property Age: 76 Year Built Source: Vendor Enhanced Total Square Feet Living: 3488 Levels or Stories: Multi/Split
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 12320 Washington Place, Culver City, CA, 90066 | $1,698,000 | 8 | -- | 3,550 | 3,550 SqFt |
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ByOwner last updated this listing 06/16/2026 @ 14:05
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