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Listed price in listed location currency (USD).
$4,196,000

000

MLS® 225005938

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 7038 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1950
Avg. Price Per Sqft $596
MLS® Number 225005938

Property Address: 8-12314 Washington Pl, Los Angeles, CA, 90066-4966

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

Description

Investor / Developer Opportunity -- Prime Westside Fourplex PortfolioRare offering! Side-by-side R4-zoned four-unit buildings(total 8 units) located at 12314 and 12320 Washington Place, just minutes from the Pacific Ocean and some of Southern California's most renowned beach communities. This two-fourplex portfolio--sold together--features eight spacious 2-bedroom / 1-bath units (approx. 875 sq. Ft. Each), generating immediate income with strong value-add potential.Major improvements completed in 2025 include a brand-new roof and new exterior paint, boosting curb appeal and reducing upcoming maintenance costs.The City has approved plans for two additional 2-bedroom / 2-bath ADUs, presenting a compelling opportunity to increase density, expand rental income, and enhance long-term returns (buyer to verify).A shared, gated central courtyard--anchored by a mature lemon tree--adds charm, shade, and a welcoming community atmosphere that appeals to residents and strengthens overall desirability.Ideally located adjacent to trendy Culver City and perfectly positioned between Santa Monica and Los Angeles, this prime Westside setting offers unmatched access to LAX, Downtown, Silicon Beach, major freeways, entertainment studios, and top tech hubs. The neighborhood blends small-town character with the convenience of nearby urban amenities.Whether you're seeking consistent cash flow or envisioning a development-forward strategy to unlock the site's full R4 potential, this is a rare opportunity to acquire a contiguous two-fourplex portfolio in a high-demand rental corridor.Assumable financing may be available.Don't miss this exceptional opportunity!
MLS® Number225005938
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1950
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

12320 Washington Pl- 4 units.

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 15, 2025List Date
$4,196,000List Price
  • Commute

Commute

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

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