12320 Washington Place Culver City, CA $ 2,198,000
12320 Washington Place
$ 2,198,000
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12320 Washington Place

Culver City, CA, 90066
$ 2,198,000
Bedrooms8 Baths4.0 Sq 3,550

Monthly Estimate*

$ 13,713

Listed by Coldwell Banker Realty
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Multi-Family Home for sale in Culver City, CA

for $2,198,000 with 8 bedrooms and 4 full baths. This 3,550 square foot home was built in 1950 on a lot size of 0.1457.

Investor / Developer Opportunity -- Prime Westside Fourplex PortfolioRare offering! Side-by-side R4-zoned four-unit buildings located at 12314(see listing) and 12320 Washington Place, just minutes from the Pacific Ocean and some of Southern California's most renowned beach communities. This two-fourplex portfolio--sold together--features eight spacious 2-bedroom / 1-bath units (approx. 875 sq. ft. each), generating immediate income with strong value-add potential.Major improvements completed in 2025 include a brand-new roof and new exterior paint, boosting curb appeal and reducing upcoming maintenance costs.The City has approved plans for two additional 2-bedroom / 2-bath ADUs, presenting a compelling opportunity to increase density, expand rental income, and enhance long-term returns (buyer to verify).A shared, gated central courtyard--anchored by a mature lemon tree--adds charm, shade, and a welcoming community atmosphere that appeals to residents and strengthens overall desirability.Ideally located adjacent to trendy Culver City and perfectly positioned between Santa Monica and Los Angeles, this prime Westside setting offers unmatched access to LAX, Downtown, Silicon Beach, major freeways, entertainment studios, and top tech hubs. The neighborhood blends small-town character with the convenience of nearby urban amenities.Whether you're seeking consistent cash flow or envisioning a development-forward strategy to unlock the site's full R4 potential, this is a rare opportunity to acquire a contiguous two-fourplex portfolio in a high-demand rental corridor.Assumable financing may be available.Don't miss this exceptional opportunity!

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Multi-Family Active

Price

$ 2,198,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1457

Year Built

1950

Town/City

Culver City

County/Region

Los Angeles

MLS | Web ID

225005922

Days on Market

9

Features
General
Living Area 3550
Heating Natural Gas
Cooling None
Possession Close Of Escrow
Zoning CCR4YY
Garage Spaces 4
Year Built 1950
Stories Count 2
Levels Two
County Los Angeles
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions 405 exit Venice to Sawtelle to Washington Pl.
City Culver City
Land Lease Amount 0
Entry Location Ground Level - No Steps Ground Level w/Steps
Senior Community Y/N false
Number Of Units Total 4
MLS Area C28 - Culver City
Lot Size Units Square Feet
Lot Size Square Feet 6348
Number of Units Leased 3
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Virtual Tour https://www.hshprodmls2.com/12320washingtonpl https://www.hshprodmls2.com/12320washingtonpl
Standard Status Active
Year Built Source Assessor
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features None
Total Bedrooms 8
Total Baths 4
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Exterior
Total Parking 4
Lot Size Area 6348
Number of Buildings 1
Spa false
Lot Size Acres 0.1457
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Coldwell Banker Realty

Broker

judi@judilewis.com

Email

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$13,713
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Monthly Principal & Interest
$13,713
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/13/2025$2,198,000 69.34% Price Up
12/13/2025$1,298,000 Listed Price

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12320 Washington Place, Culver City, CA, 90066 is a Multi-Family Home for sale at $2,198,000 with 3,550 sqft and a lot size of 0.1457. 12320 Washington Place has 8 bedrooms, 4.0 baths, and was built in 1950. The property's zip code is 90066 which is in Culver City, CA