12314 Washington Place, 8, Culver City, CA 90066
$4,196,000
Property Type:
Commercial
Baths:
8
Square Footage:
7,038
Lot Size (sq. ft.):
12,476
Status:
Active
Current Price:
$4,196,000
List Date:
12/15/2025
Last Modified:
12/15/2025
Description
Investor / Developer Opportunity — Prime Westside Fourplex Portfolio
Rare offering! Side-by-side R4-zoned four-unit buildings(total 8 units) 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!
Supplements: ********
More Information MLS# 225005938
Listing, Location and Property Info
List Price/SqFt: 596.19
Zip + 4: 4966
Listing Info
# of Units: 8
Rent Max: 0
Total Monthly Rent: 18187
Year Established: 1
Property Info
Baths - 3/4: 0
Baths - 1/2: 0
Stories Total: 2
Total Baths: 8
Full Baths: 8
Land Lease Type
Fee Simple: 1
Special Conditions
Standard: Y
Terms
Assumable: 1
Cash to New Loan: 1
Business/Building Information
# of Buildings: 2
Gross Schedule Rents: $18,187
Heating
Floor Furnace: Y
Listing Location and Property Info
Status: Active
Listing Date: 2025-12-15
Current Price: $4,196,000
List Price: $4,196,000
Property Sub-Type: Sale
Street #: 12314
Street Name: Washington
Street Suffix: Place
UnitNumber: 8
County: Los Angeles
State: CA
Zip Code: 90066
APN: 4232006010
Area: C28 - Culver City
Country: US
General Property Information
Approx SqFt: 7038
Lot Acres: 0.29
Lot Size Square Feet: 12476
Year Built: 1950
Property Features
Land Lease Type: Fee Simple
Terms: Assumable; Cash to New Loan
Listing Office:
Coldwell Banker Realty
Listing Agent:
Judi Lewis
| judi@judilewis.com
Agent Email: judi@judilewis.com
Last Updated: December - 15 - 2025
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
