12320 12314 Washington Place, Culver City, CA 90066
Local realty services provided by:CENTURY 21 Coastal Properties
12320 12314 Washington Place,Culver City, CA 90066
$2,996,000
- - Beds
- - Baths
- 7,038 sq. ft.
- Multi-family
- Active
Listed by: chao zhang
Office: coldwell banker dynasty arc.626-446-8999
MLS#:AR26213463
Source:CRMLS
Price summary
- Price:$2,996,000
- Price per sq. ft.:$425.69
About this home
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 delivered vacant has been newly renovated ,allowing immediate owner occupancy or 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 $1,400 monthly income ($16,800 annually). Approved Plans are in place for (2) additional ADUs, each approximately 870 SF, offering additional value-add potential. Very competitively priced with strong rental income and long-term upside!Two properties also consider selling in separately....
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Home facts
- Year built:1950
- Listing ID #:AR26213463
- Added:1 day(s) ago
- Updated:October 02, 2026 at 02:48 PM
Rooms and interior
- Flooring:Carpet, Vinyl, Wood
- Kitchen Description:Refrigerator
- Living area:7,038 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:7,038 sq. ft.
- Lot area:0.29 Acres
- Lot Features:Front Yard, Rectangular Lot, Value In Land, Yard
- Construction Materials:Drywall, Stucco
- Exterior Features:Lighting
- Foundation Description:Raised
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,996,000
- Price per sq. ft.:$425.69
Features and amenities
- Amenities:Koi Pond, Water Heater
Parking
- Total parking spaces:8
- Parking description:Assigned, Garage Faces Rear
- Garage:Yes
- Garage spaces:8
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