USACALos Angeles12320 Washington Pl
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$1,698,000

For Sale

4 hours ago

12320 Washington Pl, Los Angeles, CA

House

MLS® 26845017

8 Bed

4 Bath

3550 sqft

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 3550 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $478
MLS® Number 26845017

Property Address: 12320 Washington Pl, Los Angeles, CA, 90066-5005

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

Description

12320 Washington Pl | Vacant Unit / Owner-User Opportunity | 4-Unit Multifamily in Culver City. Built in 1950 on a 6, 348 SF lot with 3, 550 SF of improvements, this well-located Westside fourplex features an all 2-bed/1-bath unit mix averaging approximately 887 SF with 4 on-site parking spaces. Current rent roll: Unit A: 2+1 at $2, 058/mo; Unit B: 2+1 vacant and modeled at $3, 200/mo market rent; Unit C: 2+1 at $2, 239/mo; Unit D: 2+1 at $2, 120/mo. Total current residential scheduled rent is $9, 617/mo, plus $1, 400/mo in parking income, bringing total current scheduled income to $11, 017/mo. Stabilized pro forma residential scheduled rent is projected at $12, 800/mo, with total pro forma income including parking projected at approximately $14, 242/mo.Offered at $1, 698, 000, the property is priced at $424, 500/unit and $478/SF with a 5.48% current cap rate and 7.60% pro forma cap rate. Current NOI is projected at $93, 101 with pro forma NOI projected at $129, 127. The vacant unit provides an immediate owner-user or lease-up opportunity with no buyout required for that unit. The property also received a brand-new roof and complete exterior repaint in 2025.Also available as part of a paired acquisition with adjacent 12314 Washington Pl. Unified ownership may unlock approved ADU plans and additional long-term upside. Buyer to verify all rents, expenses, parking income, market rent assumptions, ADU approvals, zoning, and development potential.
MLS® Number26845017
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
$1,698,000List Price
-End Date
Not Sold YetSold Price

For Sale

May 11, 2026List Date
$1,598,000List Price
-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$1,758,000List Price
  • Commute

Commute

Starting Address
Destination Address
12320 Washington Pl, Los Angeles, CA

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