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12314 Washington Place

Culver City, CA 90066
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Bed 8

Bed

Bath 4

Bath

SqFt3,488

Sqft

SqFt6,130

Sqft(Lot)

This well-maintained mid-century modern - influenced multi-family architecture - four-unit multifamily property in the highly desirable Culver City/Del Rey area, offering an outstanding value-add opportunity in one of the Westside's strongest rental markets. Built in 1950, the property features four spacious 2-bedroom, 1-bath units totaling approximately 3,488 square feet on a 6,130-square-foot lot. All four units are currently occupied and provide immediate cash flow, with significant upside through rental repositioning. Each unit averages approximately 872 square feet and is complemented by on-site parking for four vehicles. Recent capital improvements include a brand-new roof and fresh exterior paint completed in 2025, helping minimize near-term maintenance expenses. The property's attr active unit mix, desirable location, and strong rental demand create an exceptional opportunity for investors seeking stable income with long-term appreciation potential. Offered with approximately 55% projected rental upside based on market rents, this asset presents the opportunity to substantially increase future cash flow. The adjacent property at 12320 Washington Pl is also available, creating the potential for a larger assemblage with future development or ADU possibilities (buyer to verify). Conveniently located near Downtown Culver City, Playa Vista, Marina del Rey, Silicon Beach, major employers, shopping, dining, parks, and freeway access, this is a rare opportunity to acquire a quality multifamily asset in one of Los Angeles' most sought-after investment corridors. * This property can be purchased individually or assembled with the adjacent property at 12320 Washington Pl. Contact agent for details. *

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,448,000

AD Id : 89183905

MLS Id : 26868953

Beds : 8

Lot Size : 6,130 Sqft

Living Area Size : 3,488

Year Built : 1950

Garage : 4

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4
  • Interior Features

    Appliances: Disposal, Refrigerator

  • Building Information

    Year Built: 1950
    Building Area Total: 3488
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 6130 Lot Size Acres: 0.1407 Lot Size Source: Assessor Lot Size Square Feet: 6,130

  • Listing Price Information

    Listing Price: $1448000
    Original Price: $1498000

  • Tax Information

    Parcel Number: 4232006010

  • Parking Information

    Parking Total: 4

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: Intersection of Washington Pl & Centinela Ave. South of Venice Blvd, north of Culver Blvd, East of the 405 Fwy, West of Lincoln Blvd.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4216 Sawtelle Boulevard, Culver City, CA, 90066 $1,275,000 3 2 1,238 1,238 SqFt
4069 Sawtelle Boulevard, Culver City, CA, 90066 $1,980,000 5 3 2,171 2,171 SqFt
3818 Sawtelle, Culver City, CA, 90066 $5,490,000 -- -- 6,319 6,319 SqFt
4121 Bledsoe Avenue, Culver City, CA, 90066 $1,374,000 3 2 1,433 1,433 SqFt
4034 Coolidge Avenue, Culver City, CA, 90066 $4,875,000 5 5 4,155 4,155 SqFt
12314 Washington Place, Culver City, CA, 90066 $3,096,000 16 8 7,038 7,038 SqFt
12320 Washington Place, Culver City, CA, 90066 $1,648,000 8 4 3,550 3,550 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/18/2026 @ 03:12

MLS: 26868953 LISTED BY: Vangelis Korasidis, Coldwell Banker Realty 310-777-6200 SOURCE: CRMLS

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