12320 12314 Washington Place Culver City, CA $ 2,996,000
12320 12314 Washington Place
$ 2,996,000
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12320 12314 Washington Place

Culver City, CA, 90066
$ 2,996,000
Bedrooms-- Baths1.0 Sq 7,038

Monthly Estimate*

$ 18,917

Listed by Chao Zhang, Coldwell Banker Dynasty Arc., chelsea.200806@yahoo.com
12320 12314 Washington Place, Culver City, CA 90066 - Image 1
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12320 12314 Washington Place, Culver City, CA 90066 - Image 17

Multi-Family Home for sale in Culver City, CA

for $2,996,000 with 1 full bath. This 7,038 square foot home was built in 1950 on a lot size of 0.2865.

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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Multi-Family Active

Price

$ 2,996,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2865

Year Built

1950

Town/City

Culver City

County/Region

Los Angeles

MLS | Web ID

AR26213463

Days on Market

5

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession See Remarks
Roof Shingle
Appliances Refrigerator Water Heater
HOA Fee 0
Garage Spaces 8
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Drywall Stucco
Year Built 1950
Tenant Pays Cable TV Electricity Gas Parking Fee Telephone
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 229788
Community Features Sidewalks
Additional Parcels Description 4232006010
County Los Angeles
Net Operating Income 171608
Operating Expense 58180
Insurance Expense 5522
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1418
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Near the Intersection of Centinela Ave & Washington Place
City Culver City
Disclosures Familial Relation
Entry Location 1
Senior Community Y/N false
Number Of Units Total 8
MLS Area C28 - Culver City
Lot Size Units Square Feet
Lot Size Square Feet 12478
Number of Units Leased 7
Listing Terms Cash Conventional Contract Fannie Mae Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 6240
Water Sewer Expense 6649
Additional Parcels Y/N true
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 9
Total Actual Rent 229788
Property Sub Type Additional Quadruplex
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Interior
Flooring Carpet Vinyl Wood
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Window Features Blinds Screens
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Exterior Amenities Lighting
Parking Features Assigned Garage Faces Rear
Lot Features Front Yard Rectangular Lot Value In Land Yard
Water Source Public
Total Parking 8
Lot Size Area 12478
Foundation Details Raised
Number of Buildings 2
Spa false
Building Area Total 7038
Lot Size Acres 0.2865
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
Road Frontage Type City Street
Other Equipment Satellite Dish
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* Excluded Features
List By
Chao Zhang

Listing Agent

Coldwell Banker Dynasty Arc.

Broker

chelsea.200806@yahoo.com

Email

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$18,917
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$18,917
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Default based on a 30-year fixed rate of 6.49% 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
10/1/2026$2,996,000 Listed Price

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12320 12314 Washington Place, Culver City, CA, 90066 is a Multi-Family Home for sale at $2,996,000 with 7,038 sqft and a lot size of 0.2865. 12320 12314 Washington Place has 1.0 baths and was built in 1950. The property's zip code is 90066 which is in Culver City, CA