12314 Washington Place Culver City, CA 90066
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Judith Lewis

  12314 Washington Place Culver City, CA 90066

Active (1 Days)
$1,998,000 (USD)
8
BED
4
BATH
3,488
SQFT

Description

nvestor / Developer Opportunity -- Prime Westside Fourplex PortfolioRare offering! Side-by-side R4-zoned four-unit buildings located at 12314 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!

MLS #:
225005921
Lot Size
6,130 SQFT
Type
Multifamily
Year Built
1950
County
Los Angeles County

Listed By

Judith Lewis, DRE #01853860 CA, Coldwell Banker Realty
Source
CRMLS
Last checked Dec 13 2025 at 10:12 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Lot Information
  • Level
Heating and Cooling
  • Floor Furnace
Stories
  • 2
Living Area
  • 3,488 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Dec 13, 2025
Price Changed
$1,998,000
67%
$800,000
Dec 12, 2025
Listed
$1,198,000
-
-
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.