12314 Washington, Los Angeles, California 90066, Los Angeles, 90066 - 0 bed, 0 bath
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12314 Washington
Los Angeles, California 90066
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,488Sq Ft
6,130Lot Size
Property Price
LIST PRICE$1,485,000
SUMMARY
We are proud to present this exceptional, well-cared 4-unit multifamily within the pocket of Mar Vista community, located in Culver City-one of the most sought-after prime locations known for its robust development potential. offering strong rental income and significant long-term value-add potential. New roof and exterior painting were completed in 2025, providing significant recent capital improvements and reducing long-term maintenance and ownership costs. attractively priced, presenting an outstanding opportunity for investors seeking current income and long-term upside. There are four individually enclosed single door garages located along the side of building .The adjacent property at 12320 Washington Pl, Culver City, CA 90066 is also available for purchase, offering the flexibility to acquire either property separately or both together. PRICE ADJUST TO REFLECT NEWLY SECURED GARAGE RRENTAL INCOME.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1950 (>20 years old) with recent 2025 exterior paint and roof improvements. The 'value-add potential' description indicates that kitchens, bathrooms, and interior systems are likely dated and require updates to reach market potential.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features a new roof and fresh exterior paint completed in 2025, significantly reducing immediate deferred maintenance costs and enhancing the asset's curb appeal.
- Prime Investment Location
Situated in a highly desirable pocket of Mar Vista near Culver City, this quadruplex offers strong rental demand and significant long-term value-add potential in a high-growth submarket.
- Strategic Acquisition Opportunity
With a recent $100,000 price reduction and the option to purchase the adjacent property, investors have a unique opportunity for a competitive entry or a larger portfolio assembly.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally constructed in 1950, the building may require ongoing updates to internal systems such as plumbing and electrical to meet modern standards and maximize rental yields.
- Lack of Amenities and Views
The property offers no significant views and lacks modern residential amenities, which may limit its ability to compete with newer, luxury multifamily developments in the immediate area.
About 12314 Washington
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1950
- Lot Size
- 6,130 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Grand View Boulevard Elementary School
Grades K-5 • 0.1 mi
6/10
Beethoven Street Elementary School
Grades K-5 • 0.8 mi
7/10
Mar Vista Elementary School
Grades K-5 • 1.2 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,488 | 2,090.331 |
| Lot Size | 6,130 | 5,852.908 |
| Price | $1.49M | $830.9K |
| Price per sq ft | $426 | $394 |
| Built year | 1950 | 1928 |
| HOA | $0 | $0 |
| Days on market | 41 | 87 |
Pricing History
Listed for Sale
Oct 11, 2026
$1,485,000
$1,385,000
+7% Price Increase
Initial Listing
Price Change
Oct 10, 2026
$1,385,000
$1,358,000
+2% Price Increase
Initial Listing
Price Change
Oct 8, 2026
$1,358,000
$1,389,000
-2% Price Drop
Initial Listing
Price Change
Oct 7, 2026
$1,389,000
$1,398,000
-1% Price Drop
Initial Listing
Price Change
Sep 29, 2026
$1,398,000
Initial Listing
Sold
Apr 18, 2022
$3,510,000
Public Record