Property photo 1
7,038 sqft

$2,996,000

12320 12314 Washington Place, Culver City CA, 90066

Price per sqft$425.69
Built in1950
Property size7,038 sqft
Property typeMulti-family
Listed by Chao Zhang CA DRE# 01910651 with Coldwell Banker Dynasty Arc. 626-689-8128

Overview

Active

Listed Oct 1, 2026

Updated 3h ago

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.

$19,932/mo

Est. mortgage payment based on a $2,996,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR26213463

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Maintenance Expense
$1,418
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Chao Zhang CA DRE# 01910651 with Coldwell Banker Dynasty Arc. 626-689-8128

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/2/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/2/2026 at 1:26 PM UTC Last Checked: 1:26 PM UTC

 

 

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