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12320 Washington Place, Culver City, CA 90066

Culver City
Local realty services provided by:CENTURY 21 Sierra Properties
12320 Washington Place,Culver City, CA 90066
$1,698,000
  • 8 Beds
  • - Baths
  • 3,550 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian, freddie gershinson
Office: lyon stahl investment real estate, inc.
MLS#:CL26845017
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,698,000
  • Price per sq. ft.:$478.31

About this home

12320 Washington Pl | Vacant Unit / Owner-User Opportunity | 4-Unit Multifamily in Culver City. Built in 1950 on a 6,348 SF lot with 3,550 SF of improvements, this well-located Westside fourplex features an all 2-bed/1-bath unit mix averaging approximately 887 SF with 4 on-site parking spaces. Current rent roll: Unit A: 2+1 at $2,058/mo; Unit B: 2+1 vacant and modeled at $3,200/mo market rent; Unit C: 2+1 at $2,239/mo; Unit D: 2+1 at $2,120/mo. Total current residential scheduled rent is $9,617/mo, plus $1,400/mo in parking income, bringing total current scheduled income to $11,017/mo. Stabilized pro forma residential scheduled rent is projected at $12,800/mo, with total pro forma income including parking projected at approximately $13,858/mo. Offered at $1,698,000, the property is priced at $424,500/unit and $478/SF with a 6.02% current cap rate and 8.23% pro forma cap rate. Current NOI is projected at $102,192 with pro forma NOI projected at $139,746. The vacant unit provides an...

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Home facts

  • Year built:1950
  • Listing ID #:CL26845017
  • Added:3 day(s) ago
  • Updated:June 12, 2026 at 09:57 PM

Rooms and interior

  • Bedrooms:8
  • Living area:3,550 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1950
  • Building area:3,550 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$1,698,000
  • Price per sq. ft.:$478.31
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 12, 2026 CA_BRIDGEMLS Member Broker: Jesse Gibbs

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