12320 Washington Place, Culver City, CA 90066

• 8 beds |
• 4 baths |
• 3,550 sqft

Property Description

Exceptional investment and owner-user opportunity in one of Culver City's most desirable rental markets. This well-maintained mid-century modern - influenced multi-family architecture - four-unit property features an attractive unit mix of four spacious 2-bedroom, 1-bath residences totaling approximately 3,550 square feet on a 6,348 square foot lot. One unit is currently vacant, offering immediate owner-occupancy or the ability to lease at market rent for increased cash flow. The property presents significant upside with approved plans for two additional ADUs (buyer to verify), providing the potential to expand from four to six units and substantially increase long-term income. Recent ownership has invested considerable time navigating the entitlement process, allowing a new owner to capitalize on future development potential with much of the groundwork already completed. Additional features include four on-site parking garages, recent capital improvements, and a prime Westside location just minutes from Marina del Rey, Playa Vista, Venice, major employment hubs, shopping, dining, and convenient freeway access. Brand new roof and fresh exterior paint. Whether you're an investor seeking value-add potential or an owner-user looking to offset housing costs with rental income, this property offers an outstanding combination of current cash flow, future upside, and an unbeatable location. Buyer to independently verify all rents, expenses, zoning, ADU approvals, permits, development potential, and all property information. * This property can be purchased individually or assembled with the adjacent property at 12314 Washington Pl. Contact agent for details. *

Listing Status:

Active

Date Added:

August 5, 2026

Data Last Updated:

August 24, 2026 at 1:18PM

Listing Office:

Coldwell Banker Realty : 310-777-6200

Listing Agent:

Vangelis Korasidis : 310-247-1500

MLS ID:

26868957

Interior

• Appliances: DisposalRefrigerator

Exterior

• Style: Mid-Century Modern
• Parking: Parking spaces: 4

Construction

• General: 2

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: CCR4YY4232006020

Financial

• Source: CRMLS_CL