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12320 Washington Place, Los Angeles, CA 90066

Los Angeles
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
12320 Washington Place,Culver City, CA 90066
$1,698,000
  • 2 Beds
  • - Baths
  • 3,550 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian
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 |OWNER USER PLAY| 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 887 SF with 4 on-site parking spaces. One unit is vacant and immediately leasable at market with no buyout required, delivering income from close of escrow with zero legal exposure. Offered at $1,698,000 ($424,500/unit | $478/SF) with a 5.48% in-place cap rate and 7.60% pro forma cap rate, supported by projected NOI growth from $93,101 to $129,127. The property received a brand-new roof and complete exterior repaint in 2025. Also available as part of a paired acquisition with 12314 Washington Pl unified ownership unlocks approved ADU plans.

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Home facts

  • Year built:1950
  • Listing ID #:CL26845017
  • Added:1 day(s) ago
  • Updated:June 09, 2026 at 02:39 AM

Rooms and interior

  • Bedrooms:2
  • 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 9, 2026 CA_BRIDGEMLS Member Broker: Alison Daniels

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