12320 Washington Place, Culver City, CA 90066
12320 Washington Place, Culver City, CA 90066
12320 Washington Place, Culver City, CA 90066
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517
Listed by Chao Zhang • Coldwell Banker Dynasty Arc.
$2,996,000
Est. payment /mo
7,038 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,038 sqft

Price per Sqft $425

MLS Listing ID AR-26213463

Year Built 1950

Lot Size 0.286 Acres

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

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.

Location

State CA

County Los Angeles

Area C28 - Culver City

Interior

Heating Wall Furnace

Flooring Carpet, Vinyl, Wood

Fireplaces Type None

Laundry None

Exterior

Exterior Feature Lighting, Satellite Dish

Parking Features Garage Faces Rear, Assigned

Garage Spaces 8.0

Pool None

Community Features Sidewalks

Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected

Building

Lot Description Front Yard, Rectangular Lot, Value In Land, Yard

Sewer Public Sewer

Read Less Info

Nearby Locations

GET MORE INFORMATION

Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517

Broker Associate License ID: DRE# 02091823

Broker Associate License ID: DRE# 02091823

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Keyvani & Associates, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.