12314 Washington Place, Culver City, CA 90066

Culver City
Local realty services provided by:Better Homes and Gardens Real Estate Champions
12314 Washington Place,Culver City, CA 90066
$2,996,000
  • 16 Beds
  • 8 Baths
  • 7,038 sq. ft.
  • Multi-family
  • Active
Listed by: filip niculete, glen scher
Office: marcus & millichap818-212-2700
MLS#:26868503
Source:CRMLS

Price summary

  • Price:$2,996,000
  • Price per sq. ft.:$425.69

About this home

We are pleased to present the Washington Place Fourplexes, a pair of adjacent 1950 fourplexes on side-by-side parcels at 12314 & 12320 Washington Place. The offering totals 8 units, all 2BD/1BA of roughly 880 square feet each, comprising 7,038 square feet of improvements on 12,478 square feet of land with 8 parking spaces. Both parcels sit within the City of Culver City jurisdiction while carrying a Los Angeles 90066mailing address, offering Culver City schools and services with a Westside location. The heavy capital work is already done: both buildings received new roofs in 2025 ($50,740 spent) plus a full exterior repaint, per seller-signed 2025 operating statements. Occupied units average $2,093 per month against the $3,100 market estimate, roughly 48% upside on in-place rents. 12314 is fully occupied; 12320 delivers a vacant unit for an owner-user or immediate lease-up, and the garages add $1,400 per month of parking income. The seller reports approved plans for two additional...

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Home facts

  • Year built:1950
  • Listing ID #:26868503
  • Added:51 day(s) ago
  • Updated:September 25, 2026 at 11:28 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Kitchen Description:Refrigerator
  • Living area:7,038 sq. ft.

Structure and exterior

  • Year built:1950
  • Building area:7,038 sq. ft.
  • Lot area:0.29 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,996,000
  • Price per sq. ft.:$425.69

Parking

  • Total parking spaces:8
  • Parking description:Door-Single, Garage
  • Garage:Yes
  • Garage spaces:8
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