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Keller Williams
12320 12314 Washington Place, Culver City, CA 90066
- $3,170,000
- List Price
- $3,170,000
- Status
- ACTIVE
- Days on Market
- 19
- Price Change
- ▲ $200,000 1791700172
- MLS#
- AR26213463
- Subtype
- Residential Income
- Year Built
- 1950
- Lot Size
- 12,478
- Acres
- 0.29
- MLS Area Major
- Culver City (C28)
Property Description
We are proud to present this exceptionally well-cared-for 8 unit asset perfectly tailored for both investor seeking strong cash flow and owner -ideal live in investment opportunity! Two (2) Quad-plex buildings situated on adjacent contiguous parcels provide an incredible cash-flowing Income property within the prime Mar Vista community, within the city of Culver City-one of most sought-after prime locations know for its robust development potential,(2) APN's allow for Investors to apply for more favorable Residential 1-4 Financing as supposed to Commercial Financing rates. One newly renovated unit is offering flexibility for immediate owner occupancy or capture top-tier market rents. Each of the (8) multi-family units are 2 Bedroom / 1 Bath floor plans. 8 individually enclosed garages along the side of the buildings .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. Ga Approved Plans are in place for (2) additional ADUs, each approximately 870 SF, offering additional value-add potential. Well- priced with strong rental income and long-term upside! Two properties also consider selling in separately. PRICE ADJUSTED TO REFELECT PREVIOUSLY OMITTED AND NEWLY SECURED GARAGE RENTAL INCOME.
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Additional Information
- Exterior Features
- Lighting
- Flooring
- Carpet, Vinyl, Wood
- Appliances
- Refrigerator, Water Heater
- Heating
- Wall Furnace
- Exterior Construction
- Drywall, Stucco
- Stories
- Two Levels
- Levels
- Two
- Roof
- Shingle
- Pool Type
- None
- Parking Features
- Door-Single, Garage, Garage Faces Side
- Garage Spaces
- 8
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Listing courtesy of Listing Agent: Chao Zhang (chelsea.200806@yahoo.com) from Listing Office: Coldwell Banker Dynasty Arc..
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.