About 12320 12314 Washington Place
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.
Features of 12320 12314 Washington Place
| MLS® # | AR26213463 |
|---|---|
| Price | $2,996,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Acres | 0.29 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 12320 12314 Washington Place |
|---|---|
| Area | C28 - Culver City |
| City | Culver City |
| County | Los Angeles |
| Zip Code | 90066 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | Assigned, Garage Faces Rear |
| # of Garages | 8 |
| Garages | Assigned, Garage Faces Rear |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Vinyl, Wood |
|---|---|
| Appliances | Refrigerator, Water Heater |
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Drywall, Stucco |
|---|---|
| Exterior Features | Lighting |
| Lot Description | Front Yard, Rectangular Lot, Value In Land, Yard |
| Windows | Blinds, Screens |
| Roof | Shingle |
| Construction | Drywall, Stucco |
| Foundation | Raised |
Additional Information
| Date Listed | October 1st, 2026 |
|---|---|
| Days on Market | 2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Chao Zhang |
|---|---|
| Office | Coldwell Banker Dynasty Arc. |