12320 12314 Washington Place,Culver City, CA 90066
Culver City, CA 90066
Description
We are proud to present this exceptionally well-cared-for 8 unit asset perfectly tailored for both investor seeking strong cash flow and owner -ideal live in investment opportunity! Two (2) Quad-plex buildings situated on adjacent contiguous parcels provide an incredible cash-flowing Income property within the prime Mar Vista community, within the city of Culver City-one of most sought-after prime locations know for its robust development potential,(2) APN's allow for Investors to apply for more favorable Residential 1-4 Financing as supposed to Commercial Financing rates. One newly renovated unit is offering flexibility for immediate owner occupancy or capture top-tier market rents. Each of the (8) multi-family units are 2 Bedroom / 1 Bath floor plans. 8 individually enclosed garages along the side of the buildings .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. Ga Approved Plans are in place for (2) additional ADUs, each approximately 870 SF, offering additional value-add potential. Well- priced with strong rental income and long-term upside! Two properties also consider selling in separately. PRICE ADJUSTED TO REFELECT PREVIOUSLY OMITTED AND NEWLY SECURED GARAGE RENTAL INCOME.
Details
| MLS # | AR26213463 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 19 |
| Listing Provided By | Coldwell Banker Dynasty Arc. | Chao Zhang |
Features
| SQ Feet | 7,038 |
|---|---|
| Garage | 8 |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 2 |
| Acreage | 0.29 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Window Features | Blinds, Screens |
| Appliances | Refrigerator, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Lighting |
|---|---|
| Roof | Shingle |
| Security Features | Smoke Detectors |
| Construction Materials | Drywall, Stucco |
| Foundation Details | Raised |
| Lot Features | Front Yard, Rectangular Lot, Value In Land, Yard |
Parking
| Parking Features | Door Single, Garage, Garage Faces Side |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Culver City |
| Zip Code | 90066 |
| Area | C28 Culver City |
| Listing VS Median (in 90066) | |
Price: $3,170,000 low | high Med: $1,497,000 sqft: 7,038 low | high Med: 1,542 $ / sqft: $450 low | high Med: $1,069 On site: 19 low | high Med: 11 | |
Market Activity 90066
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Culver City |
| Zip Code | 90066 |
| Area | C28 Culver City |
| Listing VS Median (in 90066) | |
Price: $3,170,000 low | high Med: $1,497,000 sqft: 7,038 low | high Med: 1,542 $ / sqft: $450 low | high Med: $1,069 On site: 19 low | high Med: 11 | |
