12320 12314 Washington PL, Culver City, CA 90066
12320 12314 Washington PL, Culver City, CA 90066
12320 12314 Washington PL, Culver City, CA 90066
12320 12314 Washington PL, Culver City, CA 90066
12320 12314 Washington PL, Culver City, CA 90066
12320 12314 Washington PL, Culver City, CA 90066
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$ 2,996,000
Est. payment | /mo

0.29 Acres Lot


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$ 2,996,000
Est. payment | /mo
Save

0.29 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26213463

HOA Y/N No

Year Built 1950

Lot Size 0.286 Acres

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area C28 - Culver City

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Vinyl, Wood

Fireplaces Type None

Equipment Satellite Dish

Fireplace No

Appliance Refrigerator, Water Heater

Laundry None

Exterior

Exterior Feature Lighting

Parking Features Assigned, Garage Faces Rear

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description Front Yard, Rectangular Lot, Value In Land, Yard

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4232006020

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, Contract, Fannie Mae, Submit

Listing Terms Cash, Conventional, Contract, Fannie Mae, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Chao Zhang Coldwell Banker Dynasty Arc. 626-689-8128, DRE #01910651
Drake Cruz

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 884-9016

drake@drake4homes.com

6621 E Pacific Coast Hwy #150, Long Beach, CA 90803, USA

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12320 12314 Washington PL