3826 Prospect Avenue, Culver City, CA 90232
Local realty services provided by:ERA Donahoe Realty
3826 Prospect Avenue,Culver City, CA 90232
$3,150,000
- 13 Beds
- 12 Baths
- 6,749 sq. ft.
- Multi-family
- Active
Listed by: noam srolovitz, benjamin lester
Office: kape property management, inc.
MLS#:25623749
Source:CRMLS
Price summary
- Price:$3,150,000
- Price per sq. ft.:$466.74
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. Unit 1 is currently vacant, with financials reflecting projected market rent. 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 5.45% Cap Rate and 12.89 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. 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:17 day(s) ago
- Updated:December 19, 2025 at 12:14 PM
Rooms and interior
- Bedrooms:13
- Total bathrooms:12
- 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:$3,150,000
- Price per sq. ft.:$466.74
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