Income Home for Sale in Culver City, California

12320 Washington Place, Culver City, California 90066, US

$ 1,698,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 1,698,000
  • MLS ID: 26868957
  • Property Type: Income Home
  • WEB ID: PR03699967
  • Property Status: Active
  • Lot Size: 6,348sqft
  •  Income Home for Sale in Culver City, California
  •  Income Home for Sale in Culver City, California
  •  Income Home for Sale in Culver City, California
  •  Income Home for Sale in Culver City, California
  •  Income Home for Sale in Culver City, California
  •  Income Home for Sale in Culver City, California
  •  Income Home for Sale in Culver City, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 1,698,000
  • MLS ID: 26868957
  • Property Type: Income Home
  • WEB ID: PR03699967
  • Property Status: Active
  • Lot Size: 6,348sqft
Exceptional investment and owner-user opportunity in one of Culver City's most desirable rental markets. This well-maintained mid-century modern - influenced multi-family architecture - four-unit property features an attractive unit mix of four spacious 2-bedroom, 1-bath residences totaling approximately 3,550 square feet on a 6,348 square foot lot. One unit is currently vacant, offering immediate owner-occupancy or the ability to lease at market rent for increased cash flow. The property presents significant upside with approved plans for two additional ADUs (buyer to verify), providing the potential to expand from four to six units and substantially increase long-term income. Recent ownership has invested considerable time navigating the entitlement process, allowing a new owner to capitalize on future development potential with much of the groundwork already completed. Additional features include four on-site parking garages, recent capital improvements, and a prime Westside location just minutes from Marina del Rey, Playa Vista, Venice, major employment hubs, shopping, dining, and convenient freeway access. Whether you're an investor seeking value-add potential or an owner-user looking to offset housing costs with rental income, this property offers an outstanding combination of current cash flow, future upside, and an unbeatable location. Buyer to independently verify all rents, expenses, zoning, ADU approvals, permits, development potential, and all property information. * This property can be purchased individually or assembled with the adjacent property at 12314 Washington Pl. Contact agent for details. *

Additional Features

  • Two
  • Parking spaces: 4.00
  • Listing Status: Active
  • Listing Agent: Vangelis Korasidis (lic# 01222626) of Beverly Hills/Greater LA
  • Listing Office: Coldwell Banker Realty (lic# 00616212)
  • CO-Listing Agent: Filip Niculete (lic# 01905352) of CLAW
  • CO-Listing Office: Marcus & Millichap (lic# 00530854)
  • Based on information from CRISNet MLS as of 13th August 2026 at 1:28am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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