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12314 Washington Pl, 
Culver City, CA 90066

$1,448,000


8

Beds


4

Baths


3,488

Sq Ft


Multi-Family

Active

Listed by

Vangelis Korasidis

Filip Niculete

Marcus & Millichap

310-777-6200

Last updated:

August 27, 2026, 04:45 AM

MLS#

26868953

Source:

CA CLAW

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About This Home

12314 Washington Pl

This well-maintained mid-century modern - influenced multi-family architecture - four-unit multifamily property in the highly desirable Culver City/Del Rey area, offering an outstanding value-add opportunity in one of the Westside's strongest rental markets. Built in 1950, the property features four spacious 2-bedroom, 1-bath units totaling approximately 3,488 square feet on a 6,130-square-foot lot. All four units are currently occupied and provide immediate cash flow, with significant upside through rental repositioning. Each unit averages approximately 872 square feet and is complemented by on-site parking for four vehicles. Recent capital improvements include a brand-new roof and fresh exterior paint completed in 2025, helping minimize near-term maintenance expenses. The property's attractive unit mix, desirable location, and strong rental demand create an exceptional opportunity for investors seeking stable income with long-term appreciation potential. Offered with approximately 55% projected rental upside based on market rents, this asset presents the opportunity to substantially increase future cash flow. The adjacent property at 12320 Washington Pl is also available, creating the potential for a larger assemblage with future development or ADU possibilities (buyer to verify). Conveniently located near Downtown Culver City, Playa Vista, Marina del Rey, Silicon Beach, major employers, shopping, dining, parks, and freeway access, this is a rare opportunity to acquire a quality multifamily asset in one of Los Angeles' most sought-after investment corridors. * This property can be purchased individually or assembled with the adjacent property at 12320 Washington Pl. Contact agent for details. *

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1950

Price Summary

1,448,000

$415 per Sq. Ft.

MLS #:

26868953

Last Updated:

August 27, 2026, 04:45 AM

Added:

22 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,488 Sq. Ft.


Structure

Structure

Year Built:

1950


Lot

Lot Size (Sq. Ft):

6,130


Finances & Disclosures

Finances

Price:

$1,448,000

Price per Sq. Ft:

$415 per Sq. Ft.

Source:CA CLAW
The information being provided by The Mls/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 The Mls/Claw All rights reserved. CA CLAW Member Broker: Dennis Rosas
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12314 Washington Pl
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Sat, Aug 29
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.