Login

12314 Washington Place, Los Angeles, CA 90066

Los Angeles
Local realty services provided by:CENTURY 21 Allstars
12314 Washington Place,Culver City, CA 90066
$1,498,000
  • 8 Beds
  • 4 Baths
  • 3,488 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26844891
Source:CRMLS

Price summary

  • Price:$1,498,000
  • Price per sq. ft.:$429.47

About this home

12314 Washington Pl | 4-Unit Multifamily in Culver City. Built in 1950 on a 6,130 SF lot with 3,488 SF of improvements, this well-located Westside fourplex features an all 2-bed/1-bath unit mix averaging 872 SF with 4 on-site parking spaces. The property offers significant value-add upside with approximately 55% rent-to-market potential across all four units, driven by long-term below-market rents well below the demonstrated $3,200/month market and actionable through natural turnover or negotiated buyout. Offered at $1,498,000 ($374,500/unit | $429/SF) with a 4.23% in-place cap rate and 7.63% pro forma cap rate, supported by projected NOI growth from $63,344 to $114,323. The property received a brand-new roof and complete exterior repaint in 2025. Also available as part of a paired acquisition with the adjacent 12320 Washington Pl unified ownership unlocks approved ADU plans.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Listing ID #:26844891
  • Added:1 day(s) ago
  • Updated:June 09, 2026 at 02:37 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:3,488 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1950
  • Building area:3,488 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$1,498,000
  • Price per sq. ft.:$429.47

Parking

  • Total parking spaces:4
  • Parking description:Driveway
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Allstars is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Allstars, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, 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 California Regional MLS (Southern California) 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 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Joseph Villaescusa

New listings near 12314 Washington Place