USACALos Angeles12314 Washington Pl
Listing image | Image 1

12314 Washington Pl, Los Angeles, CA

House

For Sale

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 is a well-located 4-unit multifamily property in Culver City featuring an all 2-bed/1-bath unit mix. Built in 1950, the property sits on a 6, 130 SF lot with 3, 488 SF of improvements and 4 on-site parking spaces. Each unit averages approximately 872 SF.Current rent roll: Unit A: 2+1 at $2, 058/mo; Unit B: 2+1 at $2, 058/mo; Unit C: 2+1 at $2, 058/mo; Unit D: 2+1 at $2, 058/mo. Total current scheduled rent is $8, 232/mo, with all four units currently occupied. Market rent is projected at $3, 200/mo per unit, creating approximately 55% rent-to-market upside and a pro forma scheduled rent of $12, 800/mo. Offered at $1, 498, 000, the property is priced at $374, 500/unit and $429/SF with a 4.23% current cap rate and 7.63% pro forma cap rate. Current NOI is projected at $63, 344 with pro forma NOI projected at $114, 323. The property also received a brand-new roof and complete exterior repaint in 2025. Also available as part of a paired acquisition with adjacent 12320 Washington Pl. Unified ownership may unlock approved ADU plans and additional long-term upside. Buyer to verify all rents, expenses, market rent assumptions, ADU approvals, zoning, and development potential.
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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