CA > Culver City
Culver City, CA 90232,3826 Prospect Ave
Culver City, CA 90232,3826 Prospect Ave
Culver City, CA 90232,3826 Prospect Ave
25
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$3,150,000
Est. payment /mo
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13 Beds
12 Baths
6,749 SqFt
Active

3826 Prospect Ave Culver City, CA 90232

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Jennifer D. Holmes

Jennifer D. Holmes

+1(214) 600-2972

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,749 sqft

Price per Sqft $466

MLS Listing ID 25623749

Bedrooms 13

Year Built 1968

Lot Size 7,497 Sqft

Acres 0.1721

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Culver City

Zoning CCR4YY

Rooms

Other Rooms None

Interior

Heating Wall, Combination

Cooling Ceiling Fan, Air Conditioning, Wall Unit(s)

Equipment Range/Oven, Refrigerator, Ceiling Fan, Dishwasher, Dryer, Washer, Freezer

Exterior

Parking Features Assigned

Garage Spaces 11.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kape Property Management, Inc.
Jennifer D. Holmes
Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972 | jenniferd.holmes@evrealestate.com

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