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$2,198,000
3 Days On Site

12320 Washington Place
Culver City, CA 90066

For Sale|Residential Income|Active
8
Beds
4
Total Baths
4
Full Baths
3,550
SqFt
$619
/SqFt
1950
Built
County:
Los Angeles
Listed by Judi Lewis of Coldwell Banker Realty [email protected]
12320 Washington Place12320 Washington Place12320 Washington Place12320 Washington Place
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Monthly Payment (Est.)

$10,028
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Investor / Developer Opportunity -- Prime Westside Fourplex PortfolioRare offering! Side-by-side R4-zoned four-unit buildings located at 12314(see listing) 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!

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Listing Snapshot
Price 
$2,198,000
Days On Site 
3 Days
Bedrooms 
8
Inside Area (SqFt) 
3,550 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.1457 Acres
Year Built 
1950
MLS® Number 
225005922
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
3 days agoPrice changed to $2,198,000
3 days agoListing first seen on site
General Features
Acres 
0.1457
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking Spaces 
4
Special Circumstances 
Standard
Zoning 
CCR4YY
Interior Features
Heating 
Natural Gas
Laundry Features 
None
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Community Features
Building Access 
Ground Level - No Steps,Ground Level w/Steps
Financing Terms Available 
CashConventional
MLS Area 
C28 - Culver City


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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