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This well-maintained mid-century modern - influenced multi-family architecture - four-unit multifamily property in the highly desirable Culver City/Del Rey area, offering an outstanding value-add opportunity in one of the Westside's strongest rental markets. Built in 1950, the property features four spacious 2-bedroom, 1-bath units totaling approximately 3,488 square feet on a 6,130-square-foot lot. All four units are currently occupied and provide immediate cash flow, with significant upside through rental repositioning. Each unit averages approximately 872 square feet and is complemented by on-site parking for four vehicles. Recent capital improvements include a brand-new roof and fresh exterior paint completed in 2025, helping minimize near-term maintenance expenses. The property's attractive unit mix, desirable location, and strong rental demand create an exceptional opportunity for investors seeking stable income with long-term appreciation potential. Offered with approximately 55% projected rental upside based on market rents, this asset presents the opportunity to substantially increase future cash flow. The adjacent property at 12320 Washington Pl is also available, creating the potential for a larger assemblage with future development or ADU possibilities (buyer to verify). Conveniently located near Downtown Culver City, Playa Vista, Marina del Rey, Silicon Beach, major employers, shopping, dining, parks, and freeway access, this is a rare opportunity to acquire a quality multifamily asset in one of Los Angeles' most sought-after investment corridors. * This property can be purchased individually or assembled with the adjacent property at 12320 Washington Pl. Contact agent for details. *
Property Type(s):
Residential Income
| Last Updated | 8/6/2026 | Year Built | 1950 |
|---|---|---|---|
| Community | C28 - Culver City | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| APPLIANCES | Disposal, Refrigerator |
|---|---|
| AREA | C28 - Culver City |
| GARAGE | Yes |
| LOT | 6129 sq ft |
| LOT DIMENSIONS | 6130 |
| STORIES | 1 |
Location
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Listed with Coldwell Banker Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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