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For SaleLuxury

$3,170,000

12,480 sqft$254/sqft38 days on market

12320 12314 Washington Place

Culver City, CA 90066

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

12,480

Square feet

1950

Built

Listing narrative

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.

Listing agent (MLS): Chao Zhang · Listing brokerage (MLS): Coldwell Banker Dynasty Arc.

Property Details

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Price

$3,170,000

Beds

Beds n/a

Type

House

Home Size

12,480 sqft

Baths

Baths n/a

Lot Size

0.29 acres

Year

1950

Status

For Sale

Days on Market

38

$ / Sqft

$254

· 8% down, 7% APR, 30yr fixed
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Courtesy of Coldwell Banker Dynasty Arc.