3826 Prospect Avenue, Culver City, CA 90232
Local realty services provided by:ERA North Orange County Real Estate
3826 Prospect Avenue,Culver City, CA 90232
$2,975,000
- 13 Beds
- 12 Baths
- 6,749 sq. ft.
- Multi-family
- Active
Listed by: noam srolovitz, benjamin lester
Office: kape property management, inc.310-912-7808
MLS#:25623749
Source:CRMLS
Price summary
- Price:$2,975,000
- Price per sq. ft.:$440.81
About this home
We are pleased to present this 7-unit turnkey gem in the heart of Culver City, offering a perfect blend of stability, style, and upside potential! This asset comprises an attractive, extra-large unit mix consisting of two 1-Bed/1-Baths, four 2-Bed/2-Baths, and one 3-Bed/1-Bath. On title, unit 1 is shown as a studio, but is configured as a 1-bedroom apartment. The remaining units are occupied by long-term tenants paying near-market rents, providing reliable income with room for steady rent growth. Four of the seven residences have been fully remodeled with designer-quality finishes, while the remaining three are in good condition and require only minimal updates. The property boasts strong in-place performance with a 5.85% Cap Rate and 12.17 GRM, offering immediate returns and long-term appreciation potential. Residents benefit from 11 on-site parking spaces, and the building generates additional income from on-site laundry. The building is impeccably maintained with no deferred maintenance; the roof remains under warranty, and upgraded electrical systems meet top insurance standards. Additionally, Planning Department-approved plans for two ADU's, currently under Building Department review, provide a nice opportunity to expand income and enhance future value. ***Property requires seismic retrofit, ADU plans may satisfy retrofit requirements. Buyer to verify**. This prime location is just minutes from Downtown Culver City, with convenient access to the 405 and 10 freeways. Situated just blocks from a vibrant shopping center featuring local favorites, this is a highly attractive setting for residents seeking convenience and lifestyle....
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Home facts
- Year built:1968
- Listing ID #:25623749
- Added:166 day(s) ago
- Updated:May 17, 2026 at 10:48 AM
Rooms and interior
- Bedrooms:13
- Total bathrooms:12
- Kitchen Description:Dishwasher, Refrigerator
- Living area:6,749 sq. ft.
Heating and cooling
- Heating:Combination, Wall Furnance
Structure and exterior
- Year built:1968
- Building area:6,749 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$2,975,000
- Price per sq. ft.:$440.81
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Washer
- Amenities:Ceiling Fans
Parking
- Total parking spaces:11
- Parking description:Assigned
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