Active

12320 12314 Washington Place

Culver City, CA 90066

$2,996,000 $12,631/Mo

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Overview

Bed

Bath

12,478

Sqft(Lot)

Description

Major $200,000 Price Reduction - Rare Opportunity! Two (2) Quad-plex buildings situated on adjacent contiguous parcels provide an incredible 8-unit cash-flowing Income property within the prime Mar Vista community, a highly desirable & convenient Culver City location. (2) APN's allow for Investors to apply for more favorable Residential 1-4 Financing as supposed to Commercial Financing rates. One of the units has been newly renovated and will be delivered Vacant so that Investors may fetch market Rents. Each of the (8) multi-family units are 2 Bedroom / 1 Bath floor plans. New Roof and Exterior Painting recently completed in 2025 with improved curb appeal, providing peace-of-mind and less maintenance expenses in the near future. Gated Garage Parking spaces are producing additional $1,40 0 monthly income ($16,800 annually). Approved Plans are in place for (2) additional ADUs, each approximately 870 SF, offering additional value-add potential. Property is competitively priced, with strong rental income and long-term upside! Property also consider selling in separately.

Property Details

Property Type : ResidentialIncome

Price : $2,996,000

AD Id : 91615708

MLS Id : AR26213463

Beds : 8

Lot Size : 12,478 Sq. Ft

Year Built : 1950

Garage : 8

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Shingle

Appliances: Refrigerator, WaterHeater

Laundry Features: None

Window Features: Blinds, Screens
Heating & Cooling

Has Heating: Yes Heating: WallFurnace Cooling: None

Building Information

Year Built: 1950

Building Area Total: 7038

Construction Materials: Drywall, Stucco

Stories: 2

Pool Features: None

Private Pool: No
Exterior Features

Exterior Features: Lighting

Lot Information

Main Square Feet: 12478 Lot Size Acres: 0.2865 Lot Size Source: Assessor Lot Size Square Feet: 12,478 Lot Description: FrontYard,RectangularLot,ValueInLand,Yard

Listing Price Information

Listing Price: $2996000

Cash, Conventional, Contract, FannieMae, Submit

Tax Information

Parcel Number: 4232006020 Tax Lot: 9

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 8 Assigned, GarageFacesRear

Garage Information

Has Garage: Yes Garage Space: 8

Utility Information

CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Location Information

Direction: Near the Intersection of Centinela Ave & Washington Place WaterSource: Public Security Features: SmokeDetectors

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
12320 Washington Pl, Culver City, CA, 90066	$1,598,000	8	4	--	6,348 Sq. Ft

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ByOwner last updated this listing 10/02/2026 @ 05:04

MLS: AR26213463 LISTED BY: Chao Zhang, Coldwell Banker Dynasty Arc. 626-446-8999 SOURCE: CRMLS