Homes for sale - 12320 Washington PL, Culver City, CA 90066

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Robert Cole

Real Brokerage Technologies

rob@thecolegroup.co +1(714) 253-3777

$ 2,198,000

Est. payment | -/mo

8 Beds

4 Baths

3,550 SqFt

Save Virtual Tour

$ 2,198,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

3,550 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $619

MLS Listing ID 225005922

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1950

Property Description

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!

Location

State CA

County Los Angeles

Area C28 - Culver City

Zoning CCR4YY

Interior

Heating Natural Gas

Cooling None

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4232006020

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Virtual Tour https://www.hshprodmls2.com/12320washingtonpl

Listed by Judi Lewis Coldwell Banker Realty

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(714) 253-3777

rob@thecolegroup.co

12320 Washington PL Culver City, CA 90066