12314 Washington Place, Culver City, CA 90066

• 8 beds |
• 4 baths |
• 3,488 sqft

Property Description

nvestor / Developer Opportunity -- Prime Westside Fourplex PortfolioRare offering! Side-by-side R4-zoned four-unit buildings located at 12314 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!

Listing Status:

Active

Date Added:

December 12, 2025 at 06:00AM

Listing Office:

Coldwell Banker Realty : (805) 495-1048

Listing Agent:

Judi Lewis : (805) 377-5834

MLS ID:

225005921

Interior

• A/C: None
• Heating: Floor Furnace

Exterior

• Parking: Parking spaces: 4

Construction

• General: 2

Location

• Originating MLS: CRMLS_VCR
• County: Los Angeles

Lot

• Zoning: CCR4YY4232006010

Financial

• Source: CRMLS_VCR

This listing courtesy of Judi Lewis, Coldwell Banker Realty