For sale · Active

12320 12314 Washington Place

Culver City, CA 90066

$3,170,000
Lot size0.2865 acres
Property typeQuadruplex
View map ↗

Listing broker / agent: Coldwell Banker Dynasty Arc. · Chao Zhang · 626-689-8128 · CRMLS

MLS # AR26213463 · Last checked Oct 22, 2026 02:04 UTC

About this property

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.

Property details

MLS number
AR26213463
Status
Active
Type
Residential Income
Subtype
Quadruplex
Lot size
0.2865 acres
County
Los Angeles
Year built
1950
Stories
2
More property detailsExpandCollapse

Listing

Days on market
15

Building

Year built
1950
Year built source
Assessor
Stories
2
Building stories
2
Levels
Two
Entry level
1
Construction
Drywall, Stucco
Roof
Shingle
Foundation
Raised

Rooms & interior

Rooms
Kitchen, Living Room
Appliances
Refrigerator, Water Heater
Flooring
Carpet, Vinyl, Wood
Heating
Wall Furnace
Cooling
None
Fireplace
None
Laundry
None

Exterior & parking

Total parking spaces
8
Garage spaces
8
Parking
Door Single, Garage, Garage Faces Side
Pool
None
Spa
None
Exterior features
Lighting
Lot features
Front Yard, Rectangular Lot, Value In Land, Yard
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community features
Sidewalks

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
James J. McBride Special Education Center (school website, opens in a new tab) Los Angeles Unified · Los Angeles 6–12 0.1 mi
Grand View Boulevard Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.2 mi
Short Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.6 mi
Phoenix Continuation (school website, opens in a new tab) Los Angeles Unified · Los Angeles 9–12 0.7 mi
ICEF Vista Middle Academy (school website, opens in a new tab) Los Angeles Unified · Los Angeles 6–8 0.7 mi
ICEF Vista Elementary Academy (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.7 mi
Beethoven Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.8 mi
Venice Senior High (school website, opens in a new tab) Los Angeles Unified · Los Angeles 9–12 0.9 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$3,170,000
MLS-reported original asking price
$2,996,000
MLS-reported previous asking price
$2,970,000
MLS-reported last price change
2026-10-10 18:10 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 11, 2026 01:23$3,170,000
Oct 10, 2026 01:04$2,970,000
Oct 8, 2026 07:45$2,898,000
Oct 8, 2026 07:41$2,916,000
Oct 7, 2026 09:23$2,978,000
Oct 2, 2026 06:04$2,996,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Culver City

Active residential homes for sale in Culver City, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings97Current authorized inventory
Median asking price$712,50097 listings with a valid price
Median asking price / sq ft$606.8425 listings with confirmed sq ft
Median days on market3597 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction20
Listings with an increase0

20 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-22 02:43 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.

Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

Enter your rate and costs, then calculate.

Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

Understanding homeownership costs — CFPB ↗
IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.