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$2,996,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 6 hours ago
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Major $200,000 Price Reduction - Rare Opportunity! Two (2) Quad-plex buildings situated on adjacent contiguous parcels provide an incredible 8-unit cash-flowing Income property within the prime Mar Vista community, a highly desirable & convenient Culver City location. (2) APN's allow for Investors to apply for more favorable Residential 1-4 Financing as supposed to Commercial Financing rates. One of the units delivered vacant has been newly renovated ,allowing immediate owner occupancy or market Rents. Each of the (8) multi-family units are 2 Bedroom / 1 Bath floor plans. 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. Gated Garage Parking spaces are producing additional $1,400 monthly income ($16,800 annually). Approved Plans are in place for (2) additional ADUs, each approximately 870 SF, offering additional value-add potential. Very competitively priced with strong rental income and long-term upside!Two properties also consider selling in separately.

Full Property Details for 12320 12314 Washington Pl

General

  • Price: $2,996,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR26213463
  • Updated: 10/6/2026
  • Days on Market: 4 days
  • Added to Site: 5 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Living Room
  • Fireplace(s): None
  • Appliances: Refrigerator, Water Heater Central
  • Flooring: Vinyl, Carpet, Wood

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Exterior Features: Satellite Dish, Lighting

Parking

  • Garage Spaces: 8
  • Parking Features: Assigned, Garage Faces Rear
  • Parking: Assigned, Garage Faces Rear

Location

  • Area: C28 - Culver City
  • County: Los Angeles
  • Development Name: C28 - Culver City
  • Driving Directions: Near the Intersection of Centinela Ave & Washington Place

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 2
  • # Gas Meters: 8
  • # Electric Meters: 8

Structural Information

  • Foundation: Raised
  • Roof: Shingle
  • Windows: Blinds, Screens
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 7,038
  • Year Built: 1950

Unit Information

Unit 1

  • Number of Units: 5
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.2865
  • Lot Size (Sq. Ft.): 12,478
  • Lot Size Source: Assessor
  • Lot Description: Rectangular Lot, Front Yard, Yard, Value In Land

Financial Considerations

  • Price Per Sq. Ft.: $425.69
  • Price Per Unit: 374500

Listed by Coldwell Banker Dynasty Arc., Chao Zhang

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Listing agent

— 12320 12314 Washington Pl —

  • Chao Zhang

    Coldwell Banker Dynasty Arc.

626-689-8128

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12320 12314 Washington Pl

School District:Culver City Unified School District
NameGradesDistance
La Ballona Elementary School
10915 Washington Boulevard, Culver City, CA 90232
K-51.4 mi
Culver City Middle School
4601 Elenda Street, Culver City, CA 90230
6-81.8 mi
Culver City High School
4401 Elenda Street, Culver City, CA 90230
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12320 12314 Washington Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2026
Listed
$2,996,000
-14.64%
MLS
3/03/2022
Sold
$3,510,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12320 12314 Washington Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,925
—
$1,326,000
-29%
2025
$24,925
3%
$1,862,419
2%
2024
$24,259
2%
$1,825,902
2%
2023
$23,837
-25%
$1,790,100
-30%
2022
$31,584
399%
$2,550,000
1231%
2021
$6,330
6%
$191,536
1%
2020
$5,944
1%
$189,573
2%
2019
$5,881
7%
$185,857
2%
2018
$5,521
3%
$182,214
2%
2017
$5,370
6%
$178,642
2%
2016
$5,053
41%
$175,140
2%
2015
$3,594
-45%
$172,510
2%
2014
$6,541
34%
$169,132
—
2013
$4,897
—
$168,369
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 12320 12314 Washington Pl

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Coldwell Banker Dynasty Arc., Chao Zhang

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12320 12314 Washington Place, Culver City, CA 90066 (MLS# AR26213463) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 12320 12314 Washington Place is currently listed for $2,996,000 and was received on October 01, 2026. Want to learn more about 12320 12314 Washington Place? Do you have questions about finding other Multi-Family real estate for sale in Culver City? You can browse all Culver City real estate or contact a Coldwell Banker agent to request more information.

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