Property Detail

12320 Washington

Culver City CA 90066

$2,996,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Chao Zhang of Coldwell Banker Dynasty Arc.. Last updated 2026-10-02 08:10:59.000000. Listing information © 2025 CRMLS.

Destiny Six Financial
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 6:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM https://static.royacdn.com/Site-69367b46-38a9-47a3-ab4d-b67fef77f61f/teamAssets/derrick_.png realtor # # # https://static.royacdn.com/Site-69367b46-38a9-47a3-ab4d-b67fef77f61f/teamAssets/derrick_.png