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12320 Washington Place, 
Culver City, CA 90066

$2,198,000


8

Beds


4

Baths


3,550

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Judi Lewis

805-495-1048

Last updated:

December 13, 2025, 11:22 AM

MLS#

225005922

Source:

CRMLS

Company Logo

About This Home

12320 Washington Place

Investor / Developer Opportunity -- Prime Westside Fourplex PortfolioRare offering! Side-by-side R4-zoned four-unit buildings located at 12314(see listing) and 12320 Washington Place, just minutes from the Pacific Ocean and some of Southern California's most renowned beach communities. This two-fourplex portfolio--sold together--features eight spacious 2-bedroom / 1-bath units (approx. 875 sq. ft. each), generating immediate income with strong value-add potential.Major improvements completed in 2025 include a brand-new roof and new exterior paint, boosting curb appeal and reducing upcoming maintenance costs.The City has approved plans for two additional 2-bedroom / 2-bath ADUs, presenting a compelling opportunity to increase density, expand rental income, and enhance long-term returns (buyer to verify).A shared, gated central courtyard--anchored by a mature lemon tree--adds charm, shade, and a welcoming community atmosphere that appeals to residents and strengthens overall desirability.Ideally located adjacent to trendy Culver City and perfectly positioned between Santa Monica and Los Angeles, this prime Westside setting offers unmatched access to LAX, Downtown, Silicon Beach, major freeways, entertainment studios, and top tech hubs. The neighborhood blends small-town character with the convenience of nearby urban amenities.Whether you're seeking consistent cash flow or envisioning a development-forward strategy to unlock the site's full R4 potential, this is a rare opportunity to acquire a contiguous two-fourplex portfolio in a high-demand rental corridor.Assumable financing may be available.Don't miss this exceptional opportunity!

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1950

Price Summary

2,198,000

$619 per Sq. Ft.

MLS #:

225005922

Last Updated:

December 13, 2025, 11:22 AM

Added:

1 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,550 Sq. Ft.


Structure

Structure

Building Area:

3,550 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

6,346


Finances & Disclosures

Finances

Price:

$2,198,000

Price per Sq. Ft:

$619 per Sq. Ft.

12320 Washington Place
Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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