Deal numbers
- Est. cap rate
- 6.1%
- Assumed rent, all units
- $14,160/mo
- Units
- 4
- Price per unit
- $349,500
- Est. annual NOI
- $84,960
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $161,424
- Operating expenses
- $80,712
- Net operating income
- $80,712
- Annual debt service
- $83,708
- Annual cash flow
- -$2,996
- Cash on cash return
- -0.9%
- Down payment
- $349,500
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 4
- Building size
- 3,488 sqft
- Lot size
- 6,130 sqft
- Year built
- 1950
- Stories
- 2
- Garage spaces
- 4
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 247569230
About this property
MAJOR $100,000 PRICE REDUCTION! This desirable 4-unit multifamily asset is ideally located in a highly desirable pocket of Mar Vista within the City of Culver City, 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. Very competitively priced, presenting an attractive opportunity for investors seeking current income and long-term upside. 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.
Location
12314 Washington
Los Angeles, Los Angeles, CA, 90066