Listed price in listed location currency (USD).
$1,498,000

844

MLS® 26844891

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 3488 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $429
MLS® Number 26844891

Property Address: 12314 Washington Pl, Los Angeles, CA, 90066-5005

Average square foot calculated using Size range provided by listing agent.

Description

12314 Washington Pl | 4-Unit Multifamily in Culver City. Built in 1950 on a 6, 130 SF lot with 3, 488 SF of improvements, this well-located Westside fourplex features an all 2-bed/1-bath unit mix averaging 872 SF with 4 on-site parking spaces. The property offers significant value-add upside with approximately 55% rent-to-market potential across all four units, driven by long-term below-market rents well below the demonstrated $3, 200/month market and actionable through natural turnover or negotiated buyout. Offered at $1, 498, 000 ($374, 500/unit | $429/SF) with a 4.23% in-place cap rate and 7.63% pro forma cap rate, supported by projected NOI growth from $63, 344 to $114, 323. The property received a brand-new roof and complete exterior repaint in 2025. Also available as part of a paired acquisition with the adjacent 12320 Washington Pl unified ownership unlocks approved ADU plans.
MLS® Number26844891
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 9, 2026List Date
$1,498,000List Price
-End Date
Not Sold YetSold Price

For Sale

May 11, 2026List Date
$1,398,000List Price
-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$1,558,000List Price
  • Commute

Commute

Starting Address
Destination Address
12314 Washington Pl, Los Angeles, CA

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